Category: Northern New England
March 2025 NH CIBOR president’s message: Personal branding - by Kathy DeMello
March 7, 2025
Years ago (OK, some may say decades!), when I was in corporate management, I read an article in Fast Company magazine entitled “A Brand Called You” written by Tom Peters. For those of you who aren’t familiar with either, Fast Company is a leading progressive business
Colliers brokers $1.8 million sale of 959 Islington St. to Chinburg Properties
March 7, 2025
Portsmouth, NH Colliers negotiated the sale of 959 Islington St. The 7,500 s/f commercial building was acquired by PWED 2, LLC, an affiliate of Chinburg Properties, for $1.8 million according to the Rockingham County Registry of Deeds. The transaction was facilitated by listing agents David Choate and Abby
East Brown Cow promotes Kazilionis
March 7, 2025
Portland, ME East Brown Cow has promoted Ceara Kazilionis to manager of operations and human resources. In her new role, Kazilionis will oversee key areas of the company’s daily operations, while also managing human resources and office administration.
PM Construction Co. underway on 39-unit
Adams Point affordable housing project
March 7, 2025
Biddeford, ME PM Construction Co. is at the forefront of the new construction for the Adams Point multifamily project, which is poised to make a significant impact on the community. This ambitious development is designed to address the increasing demand for affordable housing options in a rapidly growing and
The faces of uncertainty - by Bill Pastuszek
March 7, 2025
Appraisers, and pretty much everyone else on the planet, face conditions of unparalleled uncertainty heading into the second half of the second decade of a relatively young century. Uncertainty, as we know, is anathema to investors. Investment decisions are predicated on the reasonable probability that an
Too little of a good thing - by Thomas House
March 7, 2025
Not only is home ownership seemingly a fading dream of a bygone era, the rising tide has come to swamp renters, too; even those with good jobs and healthy incomes. Much has been made of Boston’s rents, which chart like the city’s skyline. But it is not just Boston – the crisis is being felt all across New
Legislative blueprint: How New Hampshire is tackling the housing crisis - by Phillip Hastings and A...
March 7, 2025
As is the case throughout the Northeast, New Hampshire is in the midst of a severe housing shortage, resulting in inflated home prices and rental rates and impeding economic growth and tax base expansion. One of the primary causes of this crisis is burdensome regulations at the state and local levels. In recognition of this
Why are contractor bays so attractive to users and investors? - by Dan Scanlon
March 7, 2025
A couple of years ago, I wrote about the surge of interest in small-bay industrial spaces – often called contractor bays or flex spaces – from both users and investors across southern New Hampshire. These units, typically ranging from 1,200 to 10,000 s/f, feature limited office space paired with large open bays
Scanlon of Colliers completes lease-up
of 17,520 s/f industrial building
February 7, 2025
Manchester, NH Colliers completed the lease-up of a newly constructed 17,520 s/f multi-tenant contractor bay building at 983 South Mammoth Rd. The building, completed in 2024, is now fully leased by four tenants: Novia Corp., Bearing Distributors, Home Focus Contracting, LLC,
Horvath & Tremblay sells Chipotle and Aspen Dental location - $3.8m
February 7, 2025
North Conway, NH Bob Horvath, Todd Tremblay and Jason Woods of Horvath & Tremblay have completed the sale of Chipotle & Aspen Dental. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $3.8 million.
PC completes upgrades to University of Vermont Medical Center Emergency Department
February 7, 2025
Burlington, VT The PC Construction team wrapped up a 3,000 s/f renovation to the existing Emergency Department at the University of Vermont Medical Center (UVMMC). The goal of the project was to construct a dedicated pediatric space within the Emergency Department
Marcus & Millichap brokers $2.425m
sale of 36,500 s/f warehouse
February 7, 2025
Swanzey, NH Marcus & Millichap negotiated the sale of a 36,500 s/f industrial warehouse located at 1042-1050 W Swanzey Rd., for $2.425 million. “By identifying a user for this property, we enabled the seller to achieve top of market pricing,” said Luigi Lessa, senior associate.
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