Northern New England

Freudenberg-NOK and The Granite Group celebrate groundbreaking; PROCON to serve as designer and construction manager

Londonderry, NH Freudenberg-NOK and The Granite Group officials were joined by business leaders for the groundbreaking ceremony of its 64,000 s/f facility. The warehouse addition will increase the overall size of the building to 305,624 s/f. Freudenberg-NOK will move

Q3 brings continued activity in three sectors - by David DeLise

As we close out Q3 2021, activity in most of the major commercial real estate sectors remains elevated. Equal amounts of interest are being generated from both investors and occupiers alike. Three commercial real estate sectors in particular have outperformed the broader market since the outbreak,

Landry/French Construction breaks ground on $7 million Travis Mills Foundation Health and Wellness Center

Rome, ME On September 11th, the 20th anniversary of the 2001 terrorist attacks, a groundbreaking was held for the new Travis Mills Foundation Health and Wellness Center.

2021 has been gang busters! - by Bill Norton

I am in Stowe, VT at the Trapp Family Lodge on a mini vacation, so this New Hampshire Spotlight may be slightly crunchy! Seriously, the hospitality sector has been able to come back strong this summer throughout New England. Alas, with the Delta Variant gaining traction, innkeepers

Summit Realty Partners leases up vacant retail space in the Capital City

Concord, NH Summit Realty Partners Inc. negotiated retail lease transactions with LensCrafters and Tropical Smoothie Café at 240 Loudon Rd. These two nationally branded retailers join a line-up of tenants including Starbucks, Mattress Firm and US Cellular

Apple Hospitality REIT acquires the Aloft Portland for $51.2 million

Portland, ME Apple Hospitality REIT, Inc. acquired the 157-room Aloft Hotel at 379 Commercial St. for $51.2 million, or $326,000 per key. “We are pleased to expand our portfolio with the acquisition of the newly constructed Aloft Portland, Maine

Interchange Development begins construction on Merchants Way; includes new Market Basket and NH Liquor & Wine Outlet

Concord, NH Interchange Development LLC has begun the construction of Merchants Way, a new Market Basket anchored shopping center located adjacent to I-93 Exit 17 in the Penacook area of the city. The first phase of Merchants Way will include a new

Bogdanovics and Hardesty join The Boulos Co.

Portland, ME The Boulos Company welcomes two new employees: associate Sasha Bogdanovics and marketing & administrative assistant Kendra Hardesty. Bogdanovics relocated to Portland from Jackson, Wyoming, where she worked for

New Hampshire CIBOR president’s report - by Joe Friedman

Happy fall! A lot to report here so I’ll get right to it. New Hampshire recently passed new laws that affect commercial real estate. The following are some of those key changes.

Reed of Stebbins Realty sells two industrial sites

Manchester, NH Mike Reed, president of Stebbins Commercial Properties LLC negotiated the sale of the two industrial development sites on Sheffield Rd. from Frank Miller to Steve Granese.