Category: Northern New England

Portland, ME East Brown Cow celebrated the official opening of Warby Parker’s first Maine retail location at 184 Middle St. in Old Port. The 1,077 s/f storefront – located on the building’s ground floor – introduces Warby Parker’s blend of modern design, accessible eyewear, and holistic eye care.

Raymond, NH Colliers negotiated the1,700 s/f lease of a new location for Feel Good Industry, LLC at the corner of Rte. 107/Freetown Rd. and Essex Dr. Hugo Overdeput, VP/pprincipal of Colliers in New Hampshire, represented Feel Good Industry in its search for space.

Londonderry, NH North Branch Construction has started construction on The Village on Technology Hill, a mixed-use development. This project will bring together industrial, residential, a childcare center and a village store in a well-planned, sustainable community designed to support the region’s growing economy while providing a unique living experience for residents.

Manchester, NH Jennifer Kady, AIA, NCARB has joined Weston & Sampson as a senior project manager. An architect and BIM leader, Kady has over 15 years of experience in the design, documentation, and coordination of a variety of commercial and institutional projects. Her skills include all phases of project design and documentation,

Concord, NH Kelley Family Properties, through its entity South Main Gateway, LLC, has finalized the sale of 111-113 S Main St. and 4-6 Sexton Ave. Acquired in 2021, this 12,509 s/f investment encompassed four lots totaling 0.67 acres off Exit 13 of I-93, near the intersection of South Main and Storrs Sts.

Happy February!!! NAR and NHAR existing home sales statistics for December 2024 were recently released. Did you take a peek at November’s report? There are some interesting statistics in the report.

Nashua, NH Prolman Realty, Inc. subleased, with the assistance of a team of Alene Candles professionals, 63,797 s/f of high bay warehouse and office space at 1 Bon Terrain to EasyGo Warehouse Services Corp.

Dover, NH According to Cathartes, commercial leasing has commenced at The Waterfront District, with chef Evan Hennessey, a James Beard semi-finalist, as its first announced tenant. The Waterfront District, the public-private downtown development along the Cochecho River, is under construction with phase one. This phase offers 15,500 s/f of commercial space, spread across two mixed-use buildings

Biddeford, ME Reveler Development, and its property management division, Port Property, have begun preleasing at their newest multi-family community – The Eddy. Scheduled to open for occupancy on March 1, 2025, The Eddy will feature 250 residential units, making it Reveler’s most expansive community to date as well as the company’s third multi-family development in the city.

Scarborough, ME Landry/French Construction has hired Derek Converse as director of preconstruction.  Converse brings over 30 years of experience in commercial construction, including serving as director of preconstruction for the past 12 years. Throughout his career, he has worked in various roles

Portland, ME On February 27 leaders from across Maine’s real estate industry will gather for the Maine Real Estate & Development Association’s (MEREDA’s) Forecast Conference and Member Showcase. The Forecast Conference brings together some of the best minds in the state to talk about trends, outlooks, and ideas that address the big questions facing Maine. 

The Southern Maine commercial real estate market is doing just fine. Admittedly, that is not the most attention-grabbing start to an article, but it’s the truth. Since the pandemic, like many other markets, ours has been on a strong upward trajectory, with increasing values and rising demand across all sectors. We saw record-breaking years in 2020, 2021, and 2022, and while 2023 showed signs of stabilization,