Northern New England

Farley and Bacon of SVN Masiello broker $6.6 million sale of 75 acres

Hudson, NH Matt Bacon and Cassandra Farley of SVN Masiello Commercial completed the $6.6 million sale of 161 Lowell Rd. to Lowell Road Property Owner DE, LLC. The buyer was represented by David Stubblebine, principal

Harrington of Malone Commercial named Maine Commercial Assn. 2022 Realtor of the Year

Portland, ME Malone Commercial Brokers’ Pete Harrington has been honored with the Maine Commercial Association 2022 Realtor of the Year Award.

MRA brokers three sales and three leases

Portland, ME Maine Realty Advisors (MRA) negotiated three sales and three leases in August • 5 Wade St., Augusta: A 7,600 s/f office building, sold to Capital Area Properties, LLC by Retail Association

In adversity there is opportunity - by Bill Norton

It is the first day of fall. The weather has turned cooler and we are finally getting some rain. The primaries are over, and the mid-term elections are seven weeks out. Billions of dollars will be spent, much, if not most of it wasted

It’s already fall, can you believe it? - by Scott Forte

It looks like the federal reserve will continue its interest rate hikes to curb inflation. What does that mean for the real estate market? Federal chair Jerome Powell said, “The deceleration in housing prices that we’re seeing should

MEREDA’s Morning Menu – Transforming a Neighborhood, Strengthening a City

The city of Lewiston and partner, Lewiston Housing Authority, have gained statewide attention as the smallest city in the country to ever receive the Department of Housing and Urban Development’s $30 million Choice Neighborhood Implementation grant. This resident-led transformational project in downtown Lewiston

ConvenientMD leases 32,625 s/f at Torrington, Mount Vernon Co., and The Dolben Co.’s West End Yards

Portsmouth, NH The West End Yards development team of Torrington Properties (Torrington), Mount Vernon Company and The Dolben Company, Inc. signed a multi-year lease, with ConvenientMD to relocate the healthcare provider’s corporate headquarters from the Pease Tradeport to the two-story commercial building at the new mixed-use development off U.S. Rte. 1.

Panasis, Tobin and Bibaud of Brady Sullivan Properties sell 210,000 s/f for $6.8 million

Rochester, NH Brady Sullivan Properties sold 35 and 35 E Industrial Way for $6.8 million  after over a decade of ownership. The two-building campus is comprised of 210,000 s/f on over 27 acres. Christian Stallkamp of The Boulos Company represented the buyer, Amarosa Industrial Park, LLC.

Summit Realty Partners sells 26 acres for $2 million

Nashua, NH Summit Realty Partners, Inc. brokered two land sales in New Hampshire. 8 Merrit Pkwy. sold for $950,000 on July 7, 2022. The 6.21 acre development site was purchased by Parsons Ventures, LLC. This undeveloped property is located in the mixed-use village of Carriage

New Hampshire CIBOR president’s message: Summer Mixer a huge success! - by Scott Forte

In case you missed it, the Summer Mixer, hosted at Birchwood Vineyards, was a huge success! The event helped raise over $20,000 for our non-profit CIBOR CARES. Thank you to all who attended, those who donated auction items ranging from Red Sox and Patriots Tickets to plane rides, and all of our generous sponsors!