Northern New England

Griffin, Martin and Penman of Newmark arrange $19.75 million sale of 153,576 s/f Mall Plaza

South Portland, ME Newmark arranged the $19.75 million sale of Mall Plaza, a 153,576 s/f shopping center. Co-head of U.S. capital markets Robert Griffin and Boston capital markets managing directors Jonathan Martin and Paul Penman provided support for the transaction in

White and Burke of The Boulos Co. sell 3,805 s/f medical office condo for $1.025 million

Portsmouth, NH The Boulos Company negotiated the sale of 150 Griffin Rd., Unit 2, a 3,805 s/f medical office condominium. The property was sold by GBOS Realty, LLC to 150 Griffin Road, LLC for $1.025 million. This acquisition represents a strategic investment for the buyer

M&R Holdings offers for sale 48
condo units at 577-acre The Downs

Scarborough, ME M&R Holdings, the development company behind The Downs, a 577-acre master-planned development that is home to 50 businesses, a mixed-use housing sector, and Maine’s first-ever, new-build town center, released 48 condominium units to the state’s housing market.

Levy, Lee, and Reagan of Berkshire Hathaway Verani Realty sell two downtown Derry properties $3.25 million

Derry, NH 20 East Bdwy. (19,149 s/f bank building) and 7 McAllister Ct. (1,473 s/f bank drive-thru/teller building) have been sold. This sale marks a milestone for the downtown business community. Andrew Levy (senior manager-retail), Jay Lee (senior advisor) and Kim Reagan (director)

Wayne J. Griffin Electric making progress
on 130,000 s/f The Nash Casino project

Nashua, NH Wayne J. Griffin Electric Inc. (Griffin Electric) is continuing work on The Nash Casino project. Griffin Electric is responsible for the electrical and telecommunications work on this 130,000 s/f, two-story casino. With a planned opening in early 2025, The Nash Casino is set to be New

Elm Grove Cos. sells 48 apartment units to 333 Four, LLC for $11.15 million

Londonderry, NH An Elm Grove Companies controlled entity has sold 48 apartments to buyer, 333 Four, LLC for $11.15 million. The sale included apartments located at 14, 23, 25, 27, 29, 31, 33, and 35 Stonehenge Rd.

North Branch Construction celebrates topping-off of 3,700 s/f St. Mary’s Bank facility

Concord, NH St. Mary’s Bank with North Branch Construction, celebrated a major milestone in the construction of their new branch at 16 Manchester St. The “topping-off” ceremony marks the completion of the structural framework for the new, banking facility,

March 2025 NH CIBOR president’s message: Personal branding - by Kathy DeMello

Years ago (OK, some may say decades!), when I was in corporate management, I read an article in Fast Company magazine entitled “A Brand Called You” written by Tom Peters. For those of you who aren’t familiar with either, Fast Company is a leading progressive business

Colliers brokers $1.8 million sale of 959 Islington St. to Chinburg Properties

Portsmouth, NH Colliers negotiated the sale of 959 Islington St. The 7,500 s/f commercial building was acquired by PWED 2, LLC, an affiliate of Chinburg Properties, for $1.8 million according to the Rockingham County Registry of Deeds. The transaction was facilitated by listing agents David Choate and Abby

East Brown Cow promotes Kazilionis

Portland, ME East Brown Cow has promoted Ceara Kazilionis to manager of operations and human resources. In her new role, Kazilionis will oversee key areas of the company’s daily operations, while also managing human resources and office administration.