I have heard that we are in the early stages of a new industrial revolution that is being driven by big data. Access to this data is powering major advances in science and medicine. Known as PropTech in our real estate world, big data is having an impact on commercial real estate brokerage, investment, financing, development and site selection.
Portland, ME Interstate Electrical Services Corp., one of the largest full-service merit shop electrical contractors in New England, recently completed a multi-floor core and interior office renovation in a building owned by Unum Group. The total project encompassed 200,000 s/f including multi-floor office fit-outs for large, regional accounting firm BerryDunn
Portland, ME In January construction began on Phases II and III of the Casco Bay Ferry Terminal project. Landry/French Construction is serving as construction manager on the renovation project. Phase II work will add a second floor over the existing administrative area which will allow many of the administrative activities to move up opening more space
Manchester, NH Will Peck of Horvath & Tremblay has arranged the sale of a 21-unit apartment building located at 144 Lake Ave. for $2.452 million. The brick building sold for $116,761/unit and a 5.7% cap rate.
White River Junction, VT James Ward, broker for Equity Group Realtors represented the seller and assisted the buyer in the sale of the former Greyhound bus maintenance facility on 44 Sykes Ave.
Londonderry, NH SVN | Masiello has completed a lease at 55 Wentworth Ave. The facility contains 28,200 s/f of high bay warehouse space and 5,400 s/f of office space with a full kitchen, restrooms
Brunswick, ME DeStefano & Associates, Inc. (DAI) has started three projects and completed one project. DAI has started construction of 16 apartments on two floors above the Tontine Mall
Portsmouth, NH Portside Real Estate Group of Maine has opened an office on 155 Fleet St. The new location will be the firm’s first out of state venture, marking a shift to serve clients from the Seacoast
Hudson, NH NAI Norwood Group has completed the sale of Hudson Self Storage. The self-storage facility was sold to an institutional buyer for $4.8 million. This property has 39,825 s/f of net rentable space
Scarborough, ME Gawron Turgeon Architects, P.C., (GTA) has made two new hires to its team. Eric Rasmussen joins GTA as a project manager. Rasmussen has over two decades of experience in a diverse range
