Northern New England

Malone Commercial Brokers sells Western Prom portfolio for $4.85 million

Portland, ME Malone Commercial Brokers brokered the sale of a historic Western Prom portfolio located at 231-227 Western Promenade (22,303 s/f) and 94-98 Chadwick (2,374 s/f). These homes owned by Maine Medical Center were purchased by Quercus

DeStefano & Assocs. providing services for five projects

Portsmouth, NH DeStefano & Associates, Inc. (DAI) is at different stages of five separate projects. DAI has been awarded the contract to build a 110,000 s/f warehouse addition for Stonewall Kitchen in Dover. This fast

Galbraith of North Branch Construction honored with Patriot Award

Concord, NH North Branch Construction chief financial officer, Christopher Galbraith, was presented with a Patriot Award for his ongoing support of a company employee, Sandra McNeff, whose spouse was deployed with his National Guard unit to the Middle East in 2021.

Reed of Stebbins Commercial Properties sells 19,200 s/f for $1.15 million

Manchester, NH Mike Reed, president of Stebbins Commercial Properties LLC negotiated the sale of the 19,200 s/f commercial building at 42-44 Bridge St. from Manchester Memorial Employee Credit Union to MOR Real Estate Holdings, LLC.

Overdeput of Colliers sells 10,496 s/f office for $1.95 million

Salem, NH Colliers brokered the investment sale of a 10,496 s/f fully leased two-story office building situated on .99 acres at 103 Stiles Rd.

Jewett Construction and Nexus Architects celebrate completion of mixed-use development

White River Junction, VT Jewett Construction completed work on a mixed-use residential development at 132 South Main St. The project was a collaboration between Jewett and Nexus Architects.

FoxRock acquires 165,611 s/f cold-storage distribution asset to its portfolio

Brattleboro, VT FoxRock has acquired a 165,611 s/f industrial building at 90 Technology Dr. on 48.5 acres one mile off I-91. The building is 100% leased to two tenants: New Chapter, a vitamin- and supplement-focused subsidiary of Proctor & Gamble and UNFI, a wholesale

Cleeman Realty Group brokers $11.2 million sale of Shaw’s Supermarket

Littleton, NH Cleeman Realty Group negotiated the $11.2 million off-market sale of a net-leased Shaw’s Supermarket. The 55,196 s/f building is located at 625 Meadow St. on nine acres.

JLL Capital Markets advises Eastern Real Estate and Taconic Capital on purchase and financing of 617,000 s/f University Mall

Burlington, VT JLL Capital Markets has advised on the $60 million purchase of and arranged $36.27 million in acquisition financing for University Mall, a 617,000 s/f, grocery- and Target-anchored enclosed regional mall.

PM Construction Co. begins phase two of affordable housing project at 155 Danforth St. - designed by Archetype Architects

Portland, ME PM Construction Co. broke ground and started construction on a 20,000 s/f affordable housing project located at 155 Danforth St. The new four-story building will aid in filling a housing need by providing 30 apartment (one-bedroom and studio) units,