Northern New England

Cushman & Wakefield arranges financing for Evolve at Rye

Rye, NH Cushman & Wakefield has arranged the financing for the acquisition of Evolve at Rye, a 40-apartment mind and memory care community located along Rte. 1. The Cushman & Wakefield National Senior Housing Capital Markets team of vice chairman Rick Swartz, executive managing director Jay Wagner

Prolman of Prolman Realty Inc. brokers $735,000 building sale - on behalf of the seller 53-59 Main Street, LLC

Nashua, NH Prolman Realty Inc. has completed the sale of 53-59 Main St.  Mark Prolman, who represented the seller 53-59 Main Street, LLC and assisted the buyer, Diastole Holdings, LLC, said, “The 3,750 s/f building is situated on the Nashua River, is the gateway property to the Riverwalk expansion, and will be occupied by a restaurant. 

Bacon and Farley of SVN | Masiello complete sale of a 12-unit apartment building for $1.275m

Manchester, NH SVN | Masiello has completed the sale of 246 Main St. The 12-unit, 10,755 s/f building sits on .11 acres on the west side of the city. 246 Main St. sold to 246 Main Street LLC for $1.275 million.  Matthew Bacon and Cassandra Farley of SVN Masiello Commercial represented the seller.

Lefebvre of Elm Grove Realty sells Amherst Coach Apartments for $2.42 million

Nashua, NH Matthew Lefebvre of The Lefebvre Team at Elm Grove Realty, sold the Amherst Coach Apartments located at 82-92 Amherst St., for $2.42 million. Lefebvre  representing both buyer and seller in the transaction.  The 11,226 s/f property is comprised of 22 residential apartments.

Nadeau elected president of James W. Sewall Co.

Old Town, ME The board of directors of James W. Sewall Company (Sewall) have named Charles Nadeau to follow George Campbell, Jr. as the 140-year-old company’s newest president. Nadeau most recently served as the CFO and COO of the company. During this tenure, he and his team implemented a new enterprise resource planning (ERP) system

Dakota Partners closes on Friars Court Phase 1 in Hudson, NH

Hudson, NH Dakota Partners recently secured all financing and approvals needed to complete construction financing and start construction on the property at 161 Lowell Rd. The site will be home to a new affordable housing development called Friars Court. Planned in two phases, Dakota also received financing for Phase 2

North Branch receives 2020 ABC Excellence in Construction Award

Sunapee, NH North Branch Construction was recognized at the Associated Builders and Contractors NH/VT Chapter 2020 Annual Excellence in Construction Awards ceremony held virtually on October 29, 2020. The firm was honored to receive an Excellence in Construction Award in the “Private Residence over $1 million”

Pascucci of SVN The Masiello Group completes sale of two properties

Manchester, NH SVN The Masiello Group has completed the sale of 345 Cilley Rd. Chris Pascucci of SVN represented the seller of the 5,558 s/f building. Per the Hillsborough County Registry of Deeds the property sold for $687,000 to Cilley Road Holdings LLC.

Portside Real Estate Group continues its expansion into Maine’s MidCoast - Bruce joins at director

Falmouth, ME Portside Real Estate Group is continuing its expansion into MidCoast Maine with the hire of David Bruce as director of growth, integration and performance. Since opening in 2012, Portside has become one of the fastest growing real estate firms in Maine, opening offices in Falmouth, Portland, Cape Elizabeth, Yarmouth, Kennebunk and now welcoming agents in the MidCoast area. 

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