Northern New England

The Stubblebine Company/CORFAC International and The Boulos Company sell 31,300 s/f industrial building for $1.2 million

Bangor, ME David Skinner of The Stubblebine Company/CORFAC International and Derek Miller of The Boulos Company sold a 31,300 s/f industrial building to EV Properties, LLC

Donahue and Provost of Donahue & Associates complete sale of a 30,735 s/f commercial office building for $5.1 million

Colchester, VT Steve Donahue and Mike Provost, both of Donahue & Associates, completed the sale of a 30,735 s/f multi-tenant commercial Class A office building located

Cresta of Nedde Real Estate leases 9,183 s/f to Fat Tire, LLC

Essex Junction, VT Fernando Cresta of Nedde Real Estate leased 9,183 s/f office/warehouse space to Fat Tire, LLC at 1 Jackson St.

Prolman and Hirsch broker $1.213 million sale of 15,200 s/f office/lab/warehouse

Amherst, NH Prolman Realty, Inc. has completed the $1.213 million sale of 6 Columbia Dr., Unit 2 to LASQ, LLC. According to Mark Prolman of Prolman Realty, the 15,200 s/f building is in great condition and consists of 2,400 s/f of office space and 12,800 s/f of lab

Pascucci and Richards of SVN The Masiello Group sell 17,226 s/f

Manchester, NH SVN The Masiello Group has sold 4 Elm St. This 17,226 s/f building was originally constructed as a three-story parochial school. Chris Pascucci and Fred Richards of SVN Masiello represented the seller in this transaction

Carey appointed designated broker for Tranzon Auction Properties

Portland, ME Mike Carey, senior vice president - sales, Realtor, auctioneer and CAI graduate has been appointed designated broker for Tranzon Auction Properties.

Pandemic leaves landlords in a difficult position - by Gary Vogel

The coronavirus pandemic is affecting everyone. Many businesses are shut down, or are minimally operating. The CARES Act recently adopted by Congress with over two trillion

NH CIBOR president’s message: Stay safe! - by Christian Stallkamp

As I sat down to write this president’s message, I looked back at the economic headlines this past week, and they were staggering.

• Unemployment has passed 22 million

I predict the office market will sustain this crisis, if not thrive, in a reinvented way - by Justin Lamontagne

As of the writing of this article, Maine is mired in a commercial real estate market unlike any we have ever seen. Of course, that does not make us unique as the COVID-19 pandemic

Worthen of Eaton Peabody elected to MEREDA board of directors

Falmouth, ME Matthew Worthen has been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA), a statewide organization