News: Northern New England

Waters of Lang McLaughry brokers 5,700 s/f lease to U.S. Postal Service: Travers of CB Richard Ellis assists with long-term deal

Bruce Waters, CCIM, senior broker for Lang McLaughry Commercial, negotiated a long-term lease between Benning Street Square, Inc. and the U.S. Postal Service for space located at 66 Benning St. The 5,700 s/f facility combines a retail post office with a central carrier annex. The new post office is planned to open late this summer and will be joining other tenants including Granite State Glass, Apria Healthcare, Visiting Nurses of NH/VT and Dartware Software Co. Extensive renovations are being made to the leased facility, internally by the USPS. Waters said, "The vetting process to relocate to the new facility was enormous. To move the small retail facility from its historic location in the village of West Lebanon, to the shopping center district was analyzed and with the combination of the carrier annex and exposure to a larger market, it was determined to be the best choice." Assisting with the relocation was Jim Travers of CB Richard Ellis/New England.
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Project of the Month: Timberline Construction Corp. delivers advanced veterinary facility for Ethos Port City in Portsmouth, NH

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