Northern New England

Kady joins Weston & Sampson as senior project manager

Manchester, NH Jennifer Kady, AIA, NCARB has joined Weston & Sampson as a senior project manager. An architect and BIM leader, Kady has over 15 years of experience in the design, documentation, and coordination of a variety of commercial and institutional projects. Her skills include all phases of project design and documentation,

South Maine Gateway finalizes 12,509 s/f mixed-use

Concord, NH Kelley Family Properties, through its entity South Main Gateway, LLC, has finalized the sale of 111-113 S Main St. and 4-6 Sexton Ave. Acquired in 2021, this 12,509 s/f investment encompassed four lots totaling 0.67 acres off Exit 13 of I-93, near the intersection of South Main and Storrs Sts.

February 2025 NH CIBOR president’s message: Keep your eyes on the housing market

Happy February!!! NAR and NHAR existing home sales statistics for December 2024 were recently released. Did you take a peek at November’s report? There are some interesting statistics in the report.

Prolman Realty subleases 63,797 s/f high bay wharehouse/office

Nashua, NH Prolman Realty, Inc. subleased, with the assistance of a team of Alene Candles professionals, 63,797 s/f of high bay warehouse and office space at 1 Bon Terrain to EasyGo Warehouse Services Corp.

Cathartes begins commercial leasing at Dover’s Waterfront District

Dover, NH According to Cathartes, commercial leasing has commenced at The Waterfront District, with chef Evan Hennessey, a James Beard semi-finalist, as its first announced tenant. The Waterfront District, the public-private downtown development along the Cochecho River, is under construction with phase one. This phase offers 15,500 s/f of commercial space, spread across two mixed-use buildings

Maine Feature: Reveler Development and Port
Property begin preleasing of 250-unit The Eddy

Biddeford, ME Reveler Development, and its property management division, Port Property, have begun preleasing at their newest multi-family community – The Eddy. Scheduled to open for occupancy on March 1, 2025, The Eddy will feature 250 residential units, making it Reveler’s most expansive community to date as well as the company’s third multi-family development in the city.

Maine Feature: Landry/French Construction hires Converse as director of preconstruction

Scarborough, ME Landry/French Construction has hired Derek Converse as director of preconstruction.  Converse brings over 30 years of experience in commercial construction, including serving as director of preconstruction for the past 12 years. Throughout his career, he has worked in various roles

Maine Feature: MEREDA’s Forecast Conference - Feb. 27

Portland, ME On February 27 leaders from across Maine’s real estate industry will gather for the Maine Real Estate & Development Association’s (MEREDA’s) Forecast Conference and Member Showcase. The Forecast Conference brings together some of the best minds in the state to talk about trends, outlooks, and ideas that address the big questions facing Maine. 

Maine Feature: Welcome to the Old Normal - by Justin Lamontagne

The Southern Maine commercial real estate market is doing just fine. Admittedly, that is not the most attention-grabbing start to an article, but it’s the truth. Since the pandemic, like many other markets, ours has been on a strong upward trajectory, with increasing values and rising demand across all sectors. We saw record-breaking years in 2020, 2021, and 2022, and while 2023 showed signs of stabilization,

Ward of Colliers negotiates
sale-leaseback of 136 Lafayette Rd.

North Hampton, NH Colliers negotiated the sale of 136 Lafayette Rd. Andrew Ward of the Colliers office in Portsmouth, represented the seller, who operates Coastal MI-BOX, and the buyer, who operates Bridges Bros. Movers.