Northern New England

Feature of the Month: Warrenstreet Architects named 2019 Business of the Year

Concord, NH Proving themselves once again as a leader in their industry, Warrenstreet Architects Inc., proudly celebrates their recent naming as a 2019 Business of the Year by Business NH Magazine. A 29-year-young  design cooperative headquartered in New Hampshire’s capital city,

Qualitative and quantitative performance measures to evaluate the health of your occupancy costs - by David De Lise

There are a number of qualitative and quantitative performance measures utilized by commercial real estate professionals to evaluate if tenants are paying rents that are sustainable and “healthy” as these costs relate to their overall sales or gross revenue.

Cardente Real Estate completes three leases totaling 5,770 s/f

Portland, ME Cardente Real Estate has completed the following lease transactions totaling 5,770 s/f: 

The Boulos Company sells 43,000 s/f industrial warehouse for $4.25 million

Seabrook, NH According to The Boulos Co., one of Northern New England’s largest commercial real estate firms serving owners, investors, and tenants, Torrington Properties has purchased a 43,000 s/f industrial warehouse located at 9 Batchelder Rd. from Corium Real Estate Group.

Summit Realty Partners leases 8,232 s/f to Town Fair Tire at Spaulding Commons Shopping Center

Rochester, NH According to Summit Realty Partners, Town Fair Tire leased an 8,232 s/f endcap at the 42,000 s/f recently renovated Spaulding Commons Shopping Center.

New 19,200 s/f Bedford Land Rover dealership on South River Road completed

Bedford, NH Bedford Land Rover’s expansion features a new facility recently completed on South River Rd. (U.S. Rte. 3). The New Hampshire-based design-build team was led by Eckman Construction of Bedford,

Stevens named partner at The Boulos Company

Portland, ME According to The Boulos Co., Nate Stevens, broker, has been promoted to partner. Stevens joined Boulos in 2007 after working with CBRE in Tucson, AZ.

Access to clean water affects residential and commercial real estate - by Douglas Martin

In the March message, I mentioned that we were tracking a number of bills, one of which had to do with water contamination. Senate Bill 287 would require the commissioner of the department of environmental services to revise rules relative to perfluorinated chemical contamination in drinking water.

Luicha and Duguid to head Metro Walls’ new acoustical ceiling division

Manchester, NH Metro Walls, New England’s leader in commercial drywall and framing, has launched its acoustical ceiling division.

The U.S. General Services Administration celebrates completion of $33 million construction project for the Derby Line Land Port of Entry

Derby Line, VT The U.S. General Services Administration (GSA) held a ribbon cutting on May 8th, to commemorate the completion of a $33 million construction project for the Derby Line Land Port of Entry (LPOE).