Category: Northern New England

Industrial markets: Northern New England markets have benefited from spillover effect - by Bill Pastuszek

Industrial markets: Northern New England markets have benefited from spillover effect - by Bill Past...

September 3, 2021
New England opened up in the spring, and, now in early September, everything is open but we are worried again. We were told it wouldn’t be over as soon as we thought it would be and that seems to be holding true. A couple steps
Dahlberg joins TFMoran

Dahlberg joins TFMoran

September 3, 2021
Bedford, NH  Michael Dahlberg has joined TFMoran, Inc. as an assistant vice president and survey department manager. Dahlberg is a member of the New Hampshire Board of Land Surveyors and is licensed
Mid-year industrial and office update for Southern Maine and Greater Portland area - by Justin Lamontagne and Sam LeGeyt

Mid-year industrial and office update for Southern Maine and Greater Portland area - by Justin Lamon...

September 3, 2021
The Greater Portland overall industrial vacancy rate dropped below 2% for only the second time ever, continuing a decade-long bull run in the industrial market. NAI The Dunham Group has produced a mid-year update to the annual Greater Portland
Project of the Month: Fulcrum Associates completes 45 acre artisan village style LaBelle Winery Derry

Project of the Month: Fulcrum Associates completes 45 acre artisan village style LaBelle Winery Derr...

September 3, 2021
Derry, NH Fulcrum Associates recently celebrated the completion of their second project for LaBelle Winery. The new LaBelle Winery Derry is an artisan village style property that is home to LaBelle Links Golf Course;
NH CIBOR president's message; Stallkamp, Lizotte and O’Connell recognized

NH CIBOR president's message; Stallkamp, Lizotte and O’Connell recognized

September 3, 2021
NH CIBOR had one of their most successful events on August 5th at Birchwood Vineyards in Derry. There were 25 sponsors plus silent auction donations. $20,000 was raised for NH CIBOR Cares, the charitable arm of NHCIBOR whose mission
Davis acquires 107,228 s/f medical office building at 84 Marginal Way

Davis acquires 107,228 s/f medical office building at 84 Marginal Way

September 3, 2021
Portland, ME After launching a medical real estate investment fund last December with the acquisition of eight medical office buildings (MOBs), Minneapolis-based Davis has added a signature Portland property
New Hampshire’s economy is strong and has fared well throughout this saga - by Andrew Levy

New Hampshire’s economy is strong and has fared well throughout this saga - by Andrew Levy

September 3, 2021
Summer has come and gone, and it sure seems like it went fast. We recorded the wettest June and July here in the Northeast, while our friends in the west are experiencing record droughts, heat and forest fires. With COVID-19 on the rise again
In my world of commercial real estate, there is plenty of liquidity chasing too few deals - by Bill Nortron

In my world of commercial real estate, there is plenty of liquidity chasing too few deals - by Bill ...

September 3, 2021
Halfway through July and things are humming - not back to pre-pandemic levels, but getting there. We are unlikely to get back 100%. COVID is a game changer - working from home being the biggest change. I am skeptical that large cohorts will
Martin and Robbins of Colliers lease 4,100 s/f

Martin and Robbins of Colliers lease 4,100 s/f

September 3, 2021
Manchester, NH Colliers leased 4,100 s/f to Chase Bank at 786 Elm St. Doug Martin and Andrew Robbins, of Colliers’ Manchester office, represented the landlord, 788 Elm Street, LLC.
Saulnier and Cyrier of MANSARD sell 22,000 s/f mixed-use for $2.59 million

Saulnier and Cyrier of MANSARD sell 22,000 s/f mixed-use for $2.59 million

September 3, 2021
Derry, NH MANSARD handled the sale of 6 W Broadway. Taylor Saulnier and Jeremy Cyrier had the exclusive listing to market the property on behalf of the seller. The transaction closed at a sale price of $2.595 million.
Torrington Properties acquires Newington Park Shopping Center for $13.3 million - 15-acre center purchased from Urstadt Biddle Properties Inc.

Torrington Properties acquires Newington Park Shopping Center for $13.3 million - 15-acre center pur...

September 3, 2021
Newington, NH Real estate development and investment company Torrington Properties (Torrington) has acquired the Newington Park Shopping Center for $13.3 million. Torrington purchased the 15-acre shopping center
Brady Sullivan closes Q2 with new office leases totalling over 55,000 s/f

Brady Sullivan closes Q2 with new office leases totalling over 55,000 s/f

August 6, 2021
Manchester, NH After a strong start to 2021 which saw an influx of leasing activity, Brady Sullivan Properties has showed no signs of slowing down leasing commercial space in the post-COVID world. The real estate development company secured 10