Northern New England

Southern Maine office and industrial markets 2025 mid-year report - by Sam LeGeyt and Justin Lamontagne

Slow and steady through the summer solstice….the first two quarters of 2025 have shown signs of optimism throughout the Greater Portland office market, but overall challenges of the large suburban spaces remain.

Downtown Portland office market in transition: Vacancy up, but core area shows strength - by Kristie Russell

Portland’s downtown office market is at a crossroads. Vacancy is up, but the market is adapting through strategic leasing, redevelopment, and long-term reinvestment, positioning it to stand apart from other New England metros.

Scanlon and Farley of Colliers sell 16,980 s/f office/flex for $1.8 million to Hudzik Properties

Milford, NH Colliers facilitated the sale of a well-maintained, multi-building office/flex property located at 119 Emerson Rd. The property was listed at $1.69 million and sold for $1.8 million, according to the Hillsborough County Registry of

Callahan recognized by Associated General Contractors of New Hampshire for 250-unit 75 Canal St. development

Manchester, NH Callahan Construction Managers (Callahan), a full-service construction management company headquartered in Bridgewater, Mass. with offices in White Plains, NY, has been recognized with a Gold award from the Associated General Contractors of New Hampshire (AGC NH) as part of its annual “Achievements in Construction” campaign.

North Branch Construction completes construction of 3,700 s/f St. Mary’s Bank branch in Concord

Concord, NH North Branch Construction has completed the new St. Mary’s Bank branch located on Manchester St. This 3,700 s/f, single-story, slab-on-grade, wood-framed building has been designed to support both traditional and digital banking services. The new facility offers a full suite of financial services for its members, featuring two drive-through banking lanes

White and Burke of The Boulos Co. facilitate $2.695 million sale of 7 Lafayette Rd. - 20,645 s/f

North Hampton, NH Kent White and Caitlin Burke of The Boulos Company have completed the sale of a 100%-leased commercial property located at 7 Lafayette Rd. The property consists of two buildings totaling 20,645 s/f on 2.09 acres. The property sold for $2.695 million.

Nobis Group awards Robinson and Moreira STEM scholarships

Concord, NH Nobis Group, a 100% employee-owned consulting firm specializing in engineering and environmental solutions across the Northeast, has named the recipients of its 2025 STEM Scholarship: Andie Moreira of Concord High School in N.H.

Brady Sullivan completes 160-unit The Edge Apartments and begins leasing - featuring 1-3 bedroom and 1-2 bath layouts

Manchester, NH The Edge Apartments, a newly-constructed residential community, is now leasing 160 apartment homes situated along the Merrimack River. This development offers residents a blend of modern living and everyday comfort, all within minutes of downtown.

Cougar Capital acquires The Village at Riverglen, 50-unit assisted and independent living facility

Littleton, NH Cougar Capital acquired The Village at Riverglen, a 50-unit assisted and independent living facility. Built in 2002 and totaling 60 licensed beds, the property was acquired from a national REIT for $8 million. Cougar Capital is partnering with Willow Ridge Senior Living to assume

O’Brien Commercial Props. leases 58,000 s/f mfg. whse. to Gregstrom Corp.

Bedford, NH Gregstrom Corp. has signed a lease for 58,000 s/f of high-bay manufacturing warehouse space at 10 Iron Horse Dr. Gregstrom is a plastic contract manufacturing company currently headquartered in Woburn, Mass. They will relocate that plant this summer.