Category: Northern New England

Peck of Horvath & Tremblay sells 21-unit apartment for $2.452m

Peck of Horvath & Tremblay sells 21-unit apartment for $2.452m

April 2, 2021
Manchester, NH Will Peck of Horvath & Tremblay has arranged the sale of a 21-unit apartment building located at 144 Lake Ave. for $2.452 million. The brick building sold for $116,761/unit and a 5.7% cap rate. 
Ward of Equity Group sells 10,000 s/f former Greyhound facility

Ward of Equity Group sells 10,000 s/f former Greyhound facility

April 2, 2021
White River Junction, VT James Ward, broker for Equity Group Realtors represented the seller and assisted the buyer in the sale of the former Greyhound bus maintenance facility on 44 Sykes Ave.
Bacon and Farley of SVN|Masiello complete 33,600 s/f lease

Bacon and Farley of SVN|Masiello complete 33,600 s/f lease

April 2, 2021
Londonderry, NH SVN | Masiello has completed a lease at 55 Wentworth Ave. The facility contains 28,200 s/f of high bay warehouse space and 5,400 s/f of office space with a full kitchen, restrooms
DeStefano & Assocs. starts three projects; completes Starbucks

DeStefano & Assocs. starts three projects; completes Starbucks

April 2, 2021
Brunswick, ME DeStefano & Associates, Inc. (DAI) has started three projects and completed one project. DAI has started construction of 16 apartments on two floors above the Tontine Mall
Portside Real Estate opens office in Portsmouth

Portside Real Estate opens office in Portsmouth

April 2, 2021
Portsmouth, NH Portside Real Estate Group of Maine has opened an office on 155 Fleet St. The new location will be the firm’s first out of state venture, marking a shift to serve clients from the Seacoast
Mendola of NAI Norwood negotiates $4.8m sale of 39,825 s/f self storage

Mendola of NAI Norwood negotiates $4.8m sale of 39,825 s/f self storage

April 2, 2021
Hudson, NH NAI Norwood Group has completed the sale of Hudson Self Storage. The self-storage facility was sold to an institutional buyer for $4.8 million. This property has 39,825 s/f of net rentable space
Rasmussen and Ward join Gawron Turgeon

Rasmussen and Ward join Gawron Turgeon

April 2, 2021
Scarborough, ME Gawron Turgeon Architects, P.C., (GTA) has made two new hires to its team. Eric Rasmussen joins GTA as a project manager. Rasmussen has over two decades of experience in a diverse range
Butler, St. John and McLaughlin of CBRE negotiate sale of Timberwood Commons

Butler, St. John and McLaughlin of CBRE negotiate sale of Timberwood Commons

April 2, 2021
Lebanon, NH CBRE has arranged the $69.25 million sale of Timberwood Commons, a 252-unit 100% market rate multifamily community located at 6 Timberwood Dr. CBRE Capital Markets’ multi-housing
Marcus & Millichap brokers sale  of 58,064 s/f Creative Self Storage

Marcus & Millichap brokers sale of 58,064 s/f Creative Self Storage

April 2, 2021
BRENTWOOD, NH Marcus & Millichap brokered the sale of Creative Self Storage, a 58,064 s/f self-storage facility, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.
Overdeput and Robbins of Colliers lease 52,000 s/f at 1 Wall St.

Overdeput and Robbins of Colliers lease 52,000 s/f at 1 Wall St.

April 2, 2021
Hudson, NH Colliers has leased 52,000 s/f to MICROGEM US Inc. at 1 Wall St., a 140,000 s/f R&D facility off Rte. 111. Hugo Overdeput and Andrew Robbins, of Colliers’ Manchester office
Demand outpacing supply in the  Southern New Hampshire industrial market - by Michael Harrington

Demand outpacing supply in the Southern New Hampshire industrial market - by Michael Harrington

April 2, 2021
The positive ripple effects of the growing digital economy continues to be felt throughout the Southern New Hampshire industrial sector and are amplified by the pandemic. As witnessed
We are truly a region of spirited, driven  and highly motivated entrepreneurs - by David De Lise

We are truly a region of spirited, driven and highly motivated entrepreneurs - by David De Lise

April 2, 2021
First and foremost, I hope this article finds our friends, colleagues and loved ones healthy and safe. Moving into the second quarter, I thought it would be interesting to pause and take note of where we are in the commercial real estate cycle,