Scarbrough, ME Justin Lyons has joined Landry/French Construction as project executive. Lyons has 25 years of experience in commercial construction that includes a variety of roles throughout his career including preconstruction, estimating, project management, and operations.
Portland, ME The year is 1985. Larry Bird and the Boston Celtics compete in the NBA finals, President Ronald Reagan visits the city of Bitburg in West Germany, Tears for Fears tops the Billboard Charts, and the Maine Real Estate and Development Association forms at the Cumberland Club. Now MEREDA gets to celebrate its anniversary–after postponing the 35
th anniversary celebration in 2020
The NAIOP CRE Sentiment Index for September 2022 is 47, down from April’s reading of 53. It is at the lowest level since September 2020. This reading suggests that respondents expect conditions for commercial real estate to deteriorate over the next 12 months.
Concord, NH JP Irving, LLC, an entity of Kelley Family Properties, has sold 6 Loudon Rd., a 65,520 s/f office building. The building was acquired by Sarnia Seacoast, LLC. Ethan Cole of North Atlantic Commercial Real Estate Investments, LLC
Salem, NH Chris Healey of The Boulos Company represented Foxfield, LLC in the off-market purchase of 21 Northwestern Dr. for $14.9 million. The 100,450 s/f industrial/flex property has 15.26 acres
Bedford, NH Mike Reed, president of Stebbins Commercial Properties LLC brokered the sale of a 23-acre development site on Old Bedford Rd. from The Roman Catholic Bishop of Manchester
Nashua, NH Prolman Realty, Inc. brokered the sale of 74 Northeastern Blvd. Units 13 & 14 to Sirra Holdings, LLC. Lisa Ferrari, who represented Tescelani Holdings, LLC (seller) said, “The 4,800 s/f office condominium
Brunswick, ME Paper Crane Acupuncture and Wellness, LLC leased 1,648 s/f of retail space from The Tontine Mall located at 149 Maine St. Tim Millett of Porta & Co. brokered the transaction.
Salem, NH William Peck, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Rosewood Apartments, a 42-unit apartment complex located at 1-7 Meisner Circle. The asset sold for $10.4 million
Nashua, NH DECCO, Inc. introduced its newest service at the ISPE Boston Product Show. DECCO’s new critical equipment handling services group offers professional rigging services of vital equipment.