Northern New England

Novaya Real Estate Ventures leases 119,000 s/f to BAE Systems

Hudson, NH Novaya Real Estate Ventures has leased 119,000 s/f of industrial space to BAE Systems, which is relocating from Merrimack. The property, located at 36 Executive Dr., features 32’ clear height, 40x40 column spacing, and ample loading and trailer parking.  There is 95,000 s/f of available space at the property. 

JLL closes sale of 148,102 s/f Lordens Plaza to Bridge33 Capital

Milford, NH On behalf of LNR as special servicer, JLL’s Retail Capital Markets team completed the sale of Lordens Plaza  to Seattle-based Bridge33 Capital for an undisclosed amount.

Martin of Colliers International leases 22,000 s/f to AmeriHealth Caritas at the Sundial Center in Manchester

Manchester, NH Colliers International, a global leader in commercial real estate services, has leased 22,000 s/f at the Sundial Center to Ameri-Health Caritas. Doug Martin, of Colliers’ Manchester office, represented the landlord

Roche Realty Group lists and sells 2-story office building in Laconia

Laconia, NH Rick Hagan of Roche Realty Group represented the seller, Lakes Region Mental Health of their former headquarters at 111 Church St. and John Goodhue of Roche Realty Group represented the buyer, DASLTK, LLC in the undisclosed sale of a 2-story professional office building.

What happened to the “summer slowdown?” - by Douglas Martin

It seems that everyone I speak with in the CRE industry in New England continues to be busier than ever. Certainly a good problem to have, although it makes it tough to find time for a summer break.  

The Kane Company and PROCON partner on 65,000 s/f medical office building - to be known as the Portsmouth Medical Park

Portsmouth, NH The Kane Company was joined by business partners, team members, and local supporters, as they raised the beam on a 65,000 s/f class A medical office building. The Kane Co. teamed up with long-time design-build partner PROCON 

Reed of Stebbins Commercial Properties LLC sells 13,342 s/f building at 26 Londonderry Tpke. for $1.75 million

Hooksett, NH Mike Reed, president of Stebbins Commercial Properties LLC completed the sale of the 13,342 s/f building at 26 Londonderry Tpke. from 26 Londonderry Turnpike LLC of Hooksett, to CMG Mortgage, Inc. from San Ramon, CA.

Shaw of Roche Realty Group Inc. produces over $20 million in sales for first half of year

Laconia, NH According to Frank Roche, president of Roche Realty Group Inc. with offices in Meredith and Laconia, Kevin Shaw from the Laconia office surpassed $20 million in closed sale’s volume for the 6-month period 1/1/2019-6/30/2019.

TFMoran contributes to the New Hampshire Children’s Scholarship Fund

Bedford, NH In their continuing support for New Hampshire schools, TFMoran has donated $5,000 to the New Hampshire Children’s Scholarship Fund, an education tax credit program.

Brady Sullivan and Northwestern Mutual “team up for good”

Manchester, NH Brady Sullivan will make donations to six N.H. charitable organizations in partnership with their long-time commercial tenant, Northwestern Mutual.