Category: Northern New England

Hooksett, NH New England self-storage developer, True Storage completed its 10th completion of the year this past week with the opening of its newest CubeSmart conversion. The project is a conversion of a former Kmart that had been vacant for over a decade. The property is located at 1267 Hooksett

Bedford, NH Sullivan Construction has reached a major milestone at the Market and Main retail center with the “topping off” ceremony for Building D. The final beam was signed and raised into place, marking the structural completion of the 37,135 s/f building.

Hanover, NH Dartmouth College has launched a $500 million program to invest in new and renewed undergraduate housing, representing the school’s largest campus housing investment in a generation. College president Sian Leah Beilock has pledged to add a combined 1,000 beds

Somersworth, NH Tidemark and BOD Holdings LLC have broken ground on a new 135-unit apartment project in downtown. This modern residential project will offer surface parking and amenities. State and local officials, along with members of the community, joined BOD Holdings LLC, Tidemark, and PROCON’s design-build team for a groundbreaking ceremony to celebrate

Concord, NH Tim Andrews, PG, director of state & municipal services at Nobis Group, has been appointed to the American Council of Engineering Companies New Hampshire (ACEC-NH) Chapter’s board of directors. “As a developing professional and project geologist, I recall the importance of involvement

Manchester, NH Aaron Ravenelle has joined real estate development firm Elm Grove Companies as the new vice president of development and construction. Ravenelle brings over 26 years of extensive experience successfully leading development and construction project teams through residential, educational and commercial projects

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for

Somersworth, NH Patriot Holdings has delivered another exciting real estate development as the private equity real estate firm expands its presence in New England. In Somersworth, a three-building industrial park is now available for lease and for sale. This industrial/flex facility has the potential for units starting at 1,600 s/f with a potential

So far it has been a beautiful late summer. Of course, we still have the election ahead! The economy and commercial real estate, seem to be rolling along. Employees are being called back to work in the office, some three days a week, some four and some five. Perhaps up to 70-80% of the pre-COVID level. Office user tenants want less space and lower rents. This is hard to achieve as expenses go up,

Nashua, NH Don Marsolini transitioned from the role of chief financial officer (CFO) to the newly created chief strategic officer (CSO) at DECCO, Inc. With his leadership skills and a strategic vision, Marsolini is poised to help DECCO deliver on its strategic vision as they explore new horizons afforded to them under the Comfort Systems

Starting last month, NECPE.com, the website that allows its members to market commercial listings for lease and for sale anywhere in New England, moved to a new and updated platform. This is still powered by Catalyst but now includes some added benefits from the Moody’s CRE partnership. For those who don’t know, Moody’s is a ratings organization

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments