In past articles I’ve written for the
New England Real Estate Journal my goal was to provide the reader with a macro view of the Southern New Hampshire commercial real estate market backed by statistical data to reinforce that macro view. I’m going to deviate from that approach to
The multi-family sector in New Hampshire, despite the national trend of challenges triggered by rising interest rates and falling property values, appears to be very strong nonetheless. In the Granite State, there is a notable resilience, with robust demand and sales persisting, particularly
I am honored to address you in my first message as president of NHCIBOR. I am grateful for the guidance provided by my esteemed predecessors, Matt Bacon and Scott Forte, for their dedicated service and to all of our board members.
Camden, ME Elm Street Properties, LLC purchased 21 Elm St. for $1.79 million. Noah Stebbins of The Boulos Company represented the buyer, and Boulos’ Dan Greenstein and Sasha Phillips represented the seller, 21 Elm Street, LLC.
Portland, ME Reveler Development, a leading real estate investment, development, construction and management company, celebrated the opening of The Armature at Hanover Works. The company’s latest mixed-use development,
Manchester, NH Nearly 49 years after the initial Hampshire Plaza Mall dedication celebration, The Lollipops, as they were called, have made their way home. In the early 1970s, artist Robert Amory created three wind sculptures named Fantasy,
Portland, ME Malone Commercial Brokers negotiated the sale of a five-building industrial portfolio, totaling 151,470 s/f. The properties included: 392, 400 and 420 Warren Ave. in Portland; 80 Kittyhawk Dr. in Auburn; and 37 Godsoe Rd. in Bangor. The portfolio was sold to Capital Properties, LLC by K&R Realty Associates, LLC for $14.55 million.
Saco, ME Mike Cobb of Colliers represented 1031 Portland Road, LLC in three transactions. The Maine-based investor sold a land parcel in the first quarter of 2023 and then bought two properties in the second quarter as part of a 1031 exchange.
Nashua, NH DECCO, Inc. opened its new high purity processing facility. This facility offers a range of services aimed at enhancing operational efficiency, safety, and compliance with regulatory standards for various industries.
Portland, ME Gwen Hulit and Tyler Norod have been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA). Hulit is a mortgage loan officer with U.S. Bank,
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