The Boulos Company arranges 10,000 s/f warehouse lease for Venture Solar

Biddeford, ME Venture Solar leased 19 Pomerleau St. from MEC Realty, Inc. The company will use the 10,000 s/f industrial facility for their office and warehouse needs. The Boulos Companys’ Noah Stebbins represented the landlord and Claire Richardson represented the tenant.

The Boulos Company brokers sale between PBMC and Knox Center LLC

Rockland, ME Pen Bay Medical Center (PBMC) has completed the sale of the Knox Center and the Bok Building to Knox Center LLC, a locally-based company. Knox Center, located at 6 White St., houses a long-term nursing care facility. The Bok Building currently is home to the PBMC walk-in care practice as well as primary care offices and the hospital’s human resources offices.

Bartley and Triglione of Nordlund Associates
complete $5 million sale of 22.4 acres

Epping, NH Rick Bartley and Anthony Triglione of Nordlund Associates represented the buyer, IBEW 104 – OSHE in the purchase of 22.4 acres on Fresh River Rd., from 101 Investments, LLC and listed by the Boulos Company. The pad-ready site was permitted to construct a 107,000 s/f industrial facility although the buyer intends to phase into the property and construct a smaller 15,000 s/f building.

Metro Walls named a 2023 Top 50 Contractor

Manchester, NH Metro Walls has been recognized as a “2023 Top 50 Contractor” by Walls & Ceilings magazine. This list is comprised of companies nationwide that lead the industry in workmanship, employee culture, safety and more. Metro Walls’ is honored to be acknowledged for their commitment to excellence and included among the most distinguished contractors in the nation. 

JLL assists Sendero and Angelo Gordon
in 82,000 s/f acquisition

Exeter, NH JLL Capital Markets (JLL) has arranged the acquisition of 1 Hampton Rd., a medical office campus comprised of two buildings totaling 82,000 s/f. JLL represented Sendero Capital and Angelo Gordon, who have formed a programmatic joint venture (also arranged by JLL) for up to $300 million in investments in outpatient healthcare real estate over the next two years, in the acquisition.

Nesmith of Colliers graduates from 2023 leadership program

Manchester, NH Colliers senior associate, Laura Nesmith, has graduated from the 2023 Leadership Greater Manchester program. This nine-month program is designed to stimulate and develop future leaders through direct exposure, interaction, and activities in various aspects of the community, with the goal of building a consensus among participants and fostering personal and professional relationships.

It’s not just interest rates - by Bill Pastuszek

August is a time when those on school calendars are getting ready and those who aren’t are on vacation, or wished they were. If at work, the idea is to be there, looking busy, perhaps, but not necessarily present. It’s the shadow weeks of the end of summer. Weird weather summer. In New England, a bucket of rain couldn’t be had last summer.

The problem is…. there’s too much parking? - Thomas House

There are so many dimensions to the problems that are created, rather than solved, by car culture that it’s hard to know where to begin. The biggest problem has rapidly become parking, which even has atmospheric effects. But we’ll restrict ourselves to three dimensions - urban, suburban, meteorological.

Talking the talk: A quick guide to common real estate jargon - by Philip Hastings and Alexandra Brewer

Real estate transactions are full of unique terminologies, abbreviations, and acronyms, some of which are not self-explanatory and add a layer of complexity to a sometimes convoluted process. We have compiled some common terms to help cut through the jargon. 

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.