Northern New England

Nedde Real Estate brokers sale of 55-65 Harrington Terrace

Burlington, VT Nedde Real Estate has completed the sale of 55-65 Harrington Terrace. The property consists of 14,025 s/f in nine two-bedroom multifamily units.  Fernando Cresta represented the seller

Bedford Design buys 6,500 s/f office/industrial building in Manchester

Manchester, NH Bedford Design Consultants, Inc. (BDC) has purchased a 6,500 s/f office building located at 592 Harvey Rd. It is situated east of the Manchester Airport, in an industrial zone. Ronald Fredette of Keller Williams was instrumental in the purchase of the property. The sale price was not disclosed. 

Portland unveils Stantec-designed pop-up park along waterfront

Portland, ME Stantec recently joined the city of Portland to celebrate the opening of the Park at Amethyst, a 1.5-acre public park along the downtown waterfront. Inspired by the 2017 concept plan prepared by Stantec, the pop-up park and outdoor waterfront retreat is a welcome addition to downtown.

CRE has many markets and not all are performing poorly - by Christian Stallkamp

Like many, I look forward to January 2021 and leaving 2020 in the rear view mirror. This year was challenging on so many levels for all of us personally and professionally. But at the end of all this and what we’ve been through, I believe we will come out of this stronger both individually and as a community.

Ferrari of Prolman Realty, Inc. completes sale of two units at 381 Main St., Nashua

Nashua, NH Prolman Realty, Inc. has completed the sale of 381 Main St. According to Lisa Ferrari, who represented the seller of Unit 1, RNC Realty, LLC and the seller of Unit 2, Accent on You Hair Salon, Inc., the two units were purchased by FMP Realty, LLC.  Unit 1 consists of 1,944 s/f of office space and will remain occupied by Century 21.

Margulies Perruzzi designs two behavioral units for Southern Maine Health Care

Sanford, ME Margulies Perruzzi (MP), one of New England’s most innovative architectural and interior design firms, has completed the expansion and repositioning of two behavioral healthcare units at the Sanford Medical Center (formerly the Goodall Hospital) for Southern Maine Health Care.

Horvath & Tremblay’s Peck, Kelleher and Pentore broker $10.4 million sale of the Kennard Road Portfolio

Manchester, NH William Peck, Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of the Kennard Road Portfolio for $10.4 million at a 6.96% cap rate. The trio were the sole brokers in the transaction in which 459 Kennard Realty, LLC sold to Brady Sullivan Properties, LLC. The Kennard Road Portfolio, a value-add 87-unit apartment complex, is well-located in a residential neighborhood.

Stebbins of PROCON awarded Business Excellence Award in Real Estate and Construction for Large Orgs.

Hooksett, NH Accoring to PROCON, Mark Stebbins, chairman and CEO was awarded the 2020 Business Excellence Award in Real Estate and Construction for large organizations from NH Business Review. The annual awards recognize New Hampshire’s top business executives for their imagination, industriousness, innovation, and achievements. 

Macek joins TFMoran as a civil project engineer

Portsmouth, NH TFMoran’s Seacoast Division welcomes Justin Macek, EIT to the team as a civil project engineer. He holds a bachelor of science in Environmental Engineering from the University of New Hampshire in Durham. Macek has civil/site engineering experience in both New Hampshire and California

Choate of Colliers Int’l. reps. Novocure, Inc. in 19,000 s/f lease

Portsmouth, NH Colliers International represented Novocure, Inc. in the sublease of another 19,000 s/f of class A office space at 135 Commerce Way. The company now leases a total of 73,000 s/f in two buildings at Portsmouth Office Park. David Choate of Colliers represented Novocure and Joe Doyle of CRESA Partners of Boston represented the sublessor, Liberty Mutual.