August 2023 CIBOR president’s message: - by Matthew Bacon

This year, I’ve gotten several questions, clarifications, and looks of confusion over exactly what New Hampshire Commercial Investment Board of Realtors (NHCIBOR) and New England Commercial Property Exchange (NECPE) do and how we’re different than other boards and property sites. Our core purpose is to advance the professionalism and service to our community’s property owners, from a commercial perspective.

Finegold Alexander Architects completes 118,000 s/f judicial center

Biddeford, ME Boston-based Finegold Alexander Architects completes the York Judicial Center along with governor Mills and many members of the Judicial Branch at the recent ribbon cutting. Finegold Alexander was selected to do the planning and design for the 118,000 s/f judicial center which consolidates four existing York County Courthouses into a single Judicial Center.

The Boulos Company arranges sale of 8,800 s/f office space

Brunswick, ME Knickerbocker Group purchased 21 Stanwood St. and will convert part of the 8,800 s/f space into an office. The current tenant, Women’s Fitness Studio & Spa, will downsize and remain in the building. Knickerbocker Group offers architecture, interior design, landscape architecture, construction, real estate, and property management services from offices in Boothbay, Portland, and soon, Brunswick.

PROCON and Easterseals NH finalize blueprints for military and veterans campus

Franklin, NH What started as a conversation with governor Sununu regarding deepening Easterseals NH’s long-term commitment to military service members, veterans and their families has evolved into a partnership with the state to provide a central hub for housing and a variety of services designed to give back to those who have given so much.

Colliers completes $1.15m sale of three buildings totaling 5,514 s/f

Barrington, NH Colliers has sold 528 & 532 Calef Hwy. for $1.15 million. The sale consists of 4.29 acres with three buildings totaling 5,514 s/f, known as Knight’s Garage and The Barrington Depot. Andrew Ward, of Colliers’ Portsmouth office, represented the seller, TRS Knight Family Rev Trust, and Deane Navaroli, of William & Reeves Commercial Real Estate, represented the buyer, Desaulniers Commons, LLC, in the sale.

Torrington acquires Mill Road Plaza from
Colonial Durham Associates for $8.8 million

Durham, NH Torrington Properties (Torrington) has acquired the Mill Road Plaza from Colonial Durham Associates for $8.8 million. The 10-acre Mill Road Plaza is the current home to Hannaford, Allegiant Physical Therapy, Appledore Family Medicine and Pediatrics, Domino’s Pizza, Mei Wei, Rite Aid and The Works Café. The Mill Road Plaza joins Torrington’s growing list of recent retail and commercial acquisitions and developments.

Affordable housing development underway for adults with disabilities

Scarborough, ME An affordable housing development will soon bring much needed independent living opportunities for disabled adults to one of the region’s fastest-growing hubs. Set to rise within a 524-acre mixed-use community known as The Downs, this new 51-unit fully accessible apartment building is designed by architecture and interiors firm. Gary Kane, principal with The Architectural Team (TAT)

Hopson joins TFMoran as structural project manager

Bedford, NH Mahreana Hopson, PE has joined TFMoran as a structural project manager in the Bedford office. Hopson is a licensed professional engineer in the states of Connecticut and New Hampshire. Hopson earned her Bachelor of Science in Civil Engineering Technology, Magna Cum Laude, from the Rochester Institute of Technology.

Nobis Group awards 2023 STEM scholarships

Concord, NH Nobis Group recently awarded scholarships to two 2023 high school graduates. Now in its fifth year, the Nobis scholarship program was developed to further the company’s dedication to promoting Science, Technology, Engineering, and Mathematics (STEM) to high school students.

Landry/French Construction and Waterstone Properties Group top off Rock Row’s Medical and Research Campus

Westbrook, ME Landry/French Construction joined Waterstone Properties Group on June 1, 2023 to celebrate the placement of the last steel beam on Rock Row’s Medical and Research Campus building. The Rock Row Medical & Research Campus, anticipated to be completed in 2024, will be anchored by New England Cancer Specialists, the largest medical oncology group and leading provider of cancer care in the region.