Northern New England

Reed of Stebbins brokers $2.801m sale of development site

Bedford, NH Mike Reed, president of Stebbins Commercial Properties LLC brokered the sale of a 23-acre development site on Old Bedford Rd. from The Roman Catholic Bishop of Manchester

Ferrari of Prolman Realty brokers $350,000 sale

Nashua, NH Prolman Realty, Inc. brokered the sale of 74 Northeastern Blvd. Units 13 & 14 to Sirra Holdings, LLC. Lisa Ferrari, who represented Tescelani Holdings, LLC (seller) said, “The 4,800 s/f office condominium

Porta & Co. negotiates two leases - 5,648 s/f

Brunswick, ME Paper Crane Acupuncture and Wellness, LLC leased 1,648 s/f of retail space from The Tontine Mall located at 149 Maine St. Tim Millett of Porta & Co. brokered the transaction.

Peck, Kelleher, and Pentore of Horvath & Tremblay sell 42-unit Rosewood Apartments for $10.4m

Salem, NH William Peck, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Rosewood Apartments, a 42-unit apartment complex located at 1-7 Meisner Circle. The asset sold for $10.4 million

DECCO, Inc. offers new critical equipment handling services

Nashua, NH DECCO, Inc. introduced its newest service at the ISPE Boston Product Show. DECCO’s new critical equipment handling services group offers professional rigging services of vital equipment.

Farley and Bacon of SVN Masiello broker $6.6 million sale of 75 acres

Hudson, NH Matt Bacon and Cassandra Farley of SVN Masiello Commercial completed the $6.6 million sale of 161 Lowell Rd. to Lowell Road Property Owner DE, LLC. The buyer was represented by David Stubblebine, principal

Harrington of Malone Commercial named Maine Commercial Assn. 2022 Realtor of the Year

Portland, ME Malone Commercial Brokers’ Pete Harrington has been honored with the Maine Commercial Association 2022 Realtor of the Year Award.

MRA brokers three sales and three leases

Portland, ME Maine Realty Advisors (MRA) negotiated three sales and three leases in August • 5 Wade St., Augusta: A 7,600 s/f office building, sold to Capital Area Properties, LLC by Retail Association

In adversity there is opportunity - by Bill Norton

It is the first day of fall. The weather has turned cooler and we are finally getting some rain. The primaries are over, and the mid-term elections are seven weeks out. Billions of dollars will be spent, much, if not most of it wasted

It’s already fall, can you believe it? - by Scott Forte

It looks like the federal reserve will continue its interest rate hikes to curb inflation. What does that mean for the real estate market? Federal chair Jerome Powell said, “The deceleration in housing prices that we’re seeing should