Northern New England

Architect - The development of mass timber - by Thomas House

We appreciate what the design community is trying to say when they refer to embodied carbon. Insofar as they are referring to buildings reliant primarily on concrete and steel, which mostly involve disembodied carbon lost to the atmosphere in the high-energy manufacture of metals, or when stone is broken or crushed.

Brady Capital Advisors arranges $13.8 million financing of Country Brook Estates - a 96-unit, garden-style, multifamily property on 63 acres

Rochester, NH Brady Capital Advisors, LLC (BCA) arranged and facilitated $13.8 million financing for Country Brook Estates Apartments, a 96-unit, garden-style, multifamily property on 63 acres located at 68 Hemingway Dr. for a closing that took place on January 7.

Hersch of Tinkham Realty sells mobile home park and 50 acres for $525,000

Pembroke, NH Tinkham Realty, Inc. completed the sale of 231 Mass Rd. The sale consists of a five unit mobile home park, a Cape-style home and 50 acres with 2,100 ft. on the Suncook River, zoned residential.

Appraisal - Northern New England industrial market - by Bill Pastuszek

As we all pretty well know, industrial markets – by that, including warehousing, logistics, etc. – have been the darling property sector during COVID-19. CBRE’s 2020 Market Overview noted that “the U.S. industrial market will see some dramatic shifts in 2020. Absorption gains will be difficult to achieve and some overhand

Reed of Stebbins Commercial sells 10,520 s/f

Manchester, NH Mike Reed, president of Stebbins Commercial Properties negotiated the sale of the 10,520 s/f commercial building at 121 Riverfront Dr. from Amoskeag School LLC to Dmitry Zhivotosky.

Malone Commercial Brokers sells three properties - $5.8 million

Portland, ME Malone Commercial Brokers sold three properties for a total of $5.8 million in the fourth quarter of 2021. Sennebec Lake Campground in Appleton sold to Nurzynski Enterprises, LLC by Evergreen Properties LLC for $2.45 million

Salloway of HREC Investment Advisors arranges sale of 117-room Stoweflake Mountain Resort & Spa

Stowe, VT HREC Investment Advisors arranged the sale of the 117-guestroom Stoweflake Mountain Resort & Spa. MCR purchased the property in December 2021 from the Baraw Family. The property will undergo a $5-$7 million renovation.

Estes of The Boulos Co. sells 23,219 s/f to Horch Roofing

South Portland, ME Horch Roofing has found the ideal location for expanding its roofing and gutter services in Southern Maine at 184 Main St. With access to I-295 and visibility on Main St. (Rte. 1), the 23,219 s/f property features a warehouse,

Vander Pol of TFMoran receives New Hampshire Land Surveyor license

Portsmouth, NH Marinus Vander Pol III, LLS of TFMoran’s seacoast division earned his N.H. Land Surveyor license. Vander Pol joined TFMoran as a survey technician in 2017 and has been promoted to professional land

Manchester brokerage office to join The Boulos Co. 

Manchester, NH The Boulos Co. is expanding its operations, and welcomes the brokerage team of Roger Dieker, Mike Tamposi, Chris Healey, and transaction manager, Karen Gazzara to their new office at 650 Elm St.