Northern New England

Wilder hired to bring Scarborough’s downtown vision to life

Scarborough, ME Since 2006, the development of a true Town Center has been a goal of local residents and municipal leadership. Today, The Downs has formed a national strategic partnership that will bring the vision of a balanced Town Center to life. The Downs has joined

Wright of Colliers sells Bath
multifamily for $1.185 million

Bath, ME Colliers brokered the sale of a multifamily property located at 50 and 52 Floral St. for $1.185 million. The sellers, Elliot and Jean Mead, were represented by Blake Wright, of Colliers. The buyers, G&G Realty LLC, were represented by Tracy McDonough of Keller

August 2024 NH CIBOR president’s message: Election season coming - by Ethan Ash

As we are nearing the elections in November, I can only imagine what the political landscape looks like as you are reading this message. I think most people can agree that at a national level, elections have become more fanatic and tribal - focused far more about a side winning versus the

Colliers facilitates $76.2 million in construction
financing for Dover’s Cochecho Waterfront

Dover, NH Colliers’ capital markets team arranged $76.2 million in construction financing to facilitate the development of the first phase of Cochecho Waterfront, a 220-unit waterfront multifamily project. A Colliers team led by executive vice president Jeff Black, vice

Italiaander and Gallagher of The Boulos Company lease 2,920 s/f to Blaze Pizza at 451 Payne Rd.

Scarborough, ME Blaze Pizza has leased 2,920 s/f at 451 Payne Rd. from Miser Investments, LLC. The Boulos Company’s Joe Italiaander and Chris Gallagher arranged the transaction on behalf of Blaze Pizza, concluding a multi-year search across the greater Portland

Worthen joins Preti Flaherty’s real estate and finance practice group

Portland, ME Matthew Worthen has joined Preti Flaherty as a director in the firm’s real estate and finance group. Worthen previously served as a shareholder and chair of the real estate group at a Maine-based law firm.

MEREDA appoints Deering of NBT Bank and Dovich of TD Bank to board of directors

Portland, ME Jeremy Deering and Ron Dovich have been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA).

Colliers sells Manchester office building for $1.2 million - site planned for multifamily conversion

Manchester, NH Colliers has sold 1138 Elm St. This 16,555 s/f downtown office building, situated on 0.117± acres, was sold for $1.2 million, as recorded by the Hillsborough County Registry of Deeds.

Richards of Hay Runner appointed MEREDA president for 2024-2026

Portland, ME The Maine Real Estate & Development Association (MEREDA) has appointed Shannon Richards of Hay Runner, to president for 2024-2026.

PROCON breaks ground on Duprey Hospitality’s Arts Alley

Concord, NH According to Duprey Hospitality ground has been broken for Arts Alley, a project celebrating the redevelopment of the area adjoining the Bank of New Hampshire Stage on South Main St. Scheduled for completion by April 1, 2025, this PROCON designed and built facility