Nesmith of Colliers graduates from 2023 leadership program

Manchester, NH Colliers senior associate, Laura Nesmith, has graduated from the 2023 Leadership Greater Manchester program. This nine-month program is designed to stimulate and develop future leaders through direct exposure, interaction, and activities in various aspects of the community, with the goal of building a consensus among participants and fostering personal and professional relationships.

It’s not just interest rates - by Bill Pastuszek

August is a time when those on school calendars are getting ready and those who aren’t are on vacation, or wished they were. If at work, the idea is to be there, looking busy, perhaps, but not necessarily present. It’s the shadow weeks of the end of summer. Weird weather summer. In New England, a bucket of rain couldn’t be had last summer.

The problem is…. there’s too much parking? - Thomas House

There are so many dimensions to the problems that are created, rather than solved, by car culture that it’s hard to know where to begin. The biggest problem has rapidly become parking, which even has atmospheric effects. But we’ll restrict ourselves to three dimensions - urban, suburban, meteorological.

Talking the talk: A quick guide to common real estate jargon - by Philip Hastings and Alexandra Brewer

Real estate transactions are full of unique terminologies, abbreviations, and acronyms, some of which are not self-explanatory and add a layer of complexity to a sometimes convoluted process. We have compiled some common terms to help cut through the jargon. 

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units. 

Fall 2023 forecast NH retail market - Andrew Levy

Summer is unfortunately coming to an end, and many people are asking “Did we even have a summer?” With many rainy days, it wasn’t a typical sunny summer that we all look forward to. In addition to the rain, the west coast, south, and midwest dealt with many weeks of 110-degree heat, and Canada has lived through wildfires-turning our New England skies dark.

PLACE assists the Dow Group in new
luxury condominiums at 51 Elm

Laconia, NH Adam Dow, CEO of the Dow Group powered by PLACE and affiliated with Keller Williams Coastal and Lakes & Mountains Realty, has released information on a new development at 51 Elm St. in the Lakeport neighborhood. Developed by Paugus Properties LLC and built by Bonnette, Page & Stone, this development encompasses 20 residences, ranging from studios to one, two, or three-bedroom layouts.

Under the Dome: Additional dollars for housing development - Bob Quinn

“I think we have kind of made history,” said house speaker Sherman Packard, a Londonderry Republican, after the New Hampshire Senate and House agreed on a new state budget with near unanimous, broad bipartisan support. Increased appropriations for housing initiatives were included in the final budget.

Marcus & Millichap closes $2.95m sale of 23,400 s/f industrial building

Merrimack, NH Marcus & Millichap negotiated the sale of 19 Star Dr., a 23,400 s/f industrial property for $2.95 million. “The interest and demand for this asset were extremely high, as investors were drawn not only by the exceptional quality of the real estate but also by its blend of stability and potential for rental growth,” said Luigi Lessa, associate.

Jewett to complete ground-up dealership
for Faith’s Toyota Ford

Westminster, VT Jewett Construction Co. hosted a groundbreaking ceremony at Faith’s Toyota Ford to commemorate the construction of a new 37,000 s/f ground-up dual branded dealership in the Green Mountain State. The new building will showcase an array of modern amenities while incorporating LEED-certified features