Northern New England
Jones Street Investment Partners secures $179 million construction financing for three multifamily projects
Kittery, ME Jones Street Investment Partners has secured $179 million in construction financing to develop luxury multifamily communities in Kittery and Brunswick, Maine, as well as Manchester, N.H.
Colliers Capital Markets arranges $79.7 million JV equity and construction financing for 250-units
Lebanon, NH Colliers Capital Markets has arranged $79.7 million in joint venture equity and senior secured construction financing for the development of THE MAREK at Lebanon, a 250-unit, class A multifamily community located at 343 Mount Support Rd.
White and Burke of Boulos sell 127,058 s/f retail building - $11.5m
Newington, NH The 127,058 s/f retail building, former anchor for the Fox Run Mall, sold for $11.5 million. Kent White and Caitlin Burke of The Boulos Company represented the seller, Seritage SRC Finance and worked with Atlantic Capital Partners as the listing brokers who also secured the buyers, UEP Second LLC and MVC Fox Run LLC.
Dawley, N. Coe, Hatcher, and G. Coe of Marcus & Millichap sell 13,580 s/f Pittsfield Self Storage facility
Pittsfield, ME Marcus & Millichap brokered the sale of Pittsfield Self Storage, a 13,580 s/f self-storage facility, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.
Boston Realty Advisors arranges $7.54m loan for Maine portfolio
Eliot, ME Boston Realty Advisors arranged acquisition financing of $7.54 million for two manufacturing housing parks in Southern Maine.
East Brown Cow leases 5,532 s/f to Madewell at 75 Market St.
Portland, ME According to East Brown Cow and Malone Commercial Brokers, Madewell has signed a five-year lease for a retail storefront at 75 Market St., bringing a national retailer to the Old Port. The 5,532 s/f looks on to Post Office Park at the corner of Market and Middle Sts.
Prieto of Granite Comm’l. sells 2.2 acres
Merrimack, NH Granite Commercial Real Estate (GCRE) sold 256 Daniel Webster Hwy.
Malone Commercial sells 4-building package and 45-car parking lot investment portfolio
Freeport, ME Malone Commercial Brokers (MCB) negotiated the sale of a five-property retail portfolio. Mark Malone of Malone Commercial Brokers represented the seller of what was a seven-property investment package.
Northeast Private Client Group brokers $5.55m multifamily deal
Manchester, NH Northeast Private Client Group (NEPCG) negotiated the sale of South Policy St. Apartments and Mammoth Rd. Rooms. Investment associate Brad Carlson, senior associate Drew Kirkland, and associate Brett Curtis; represented the sellers and procured the buyers for both transactions.
Metro Walls receives two ABC NH/VT Excellence in Construction awards
Manchester, NH Metro Walls, a leading wall and ceiling contractor in New England, was recently recognized at the Associated Builders and Contractors New Hampshire/Vermont Chapter’s (ABC NH/VT) Excellence in Construction Awards with two Excellence Awards.