Category: Northern New England
Levy, Lee, and Reagan of Berkshire Hathaway Verani Realty sell two downtown Derry properties $3.25 m...
March 7, 2025
Derry, NH 20 East Bdwy. (19,149 s/f bank building) and 7 McAllister Ct. (1,473 s/f bank drive-thru/teller building) have been sold. This sale marks a milestone for the downtown business community. Andrew Levy (senior manager-retail), Jay Lee (senior advisor) and Kim Reagan (director)
Wayne J. Griffin Electric making progress
on 130,000 s/f The Nash Casino project
March 7, 2025
Nashua, NH Wayne J. Griffin Electric Inc. (Griffin Electric) is continuing work on The Nash Casino project. Griffin Electric is responsible for the electrical and telecommunications work on this 130,000 s/f, two-story casino. With a planned opening in early 2025, The Nash Casino is set to be New
Elm Grove Cos. sells 48 apartment units to 333 Four, LLC for $11.15 million
March 7, 2025
Londonderry, NH An Elm Grove Companies controlled entity has sold 48 apartments to buyer, 333 Four, LLC for $11.15 million. The sale included apartments located at 14, 23, 25, 27, 29, 31, 33, and 35 Stonehenge Rd.
North Branch Construction celebrates topping-off of 3,700 s/f St. Mary’s Bank facility
March 7, 2025
Concord, NH St. Mary’s Bank with North Branch Construction, celebrated a major milestone in the construction of their new branch at 16 Manchester St. The “topping-off” ceremony marks the completion of the structural framework for the new, banking facility,
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
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