 (1).png)
News:
Owners Developers & Managers
Posted: October 7, 2016
White of CBRE | Portsmouth and Billipp of Kane Company broker $1.65 million sale
4 Merrill Industrial Drive - Hampton, NHHampton, NH According to CBRE | Portsmouth, 4 Merrill Industrial Dr. has sold for $1.65 million.
Vinther Holdings, LLC purchased this 35,000 s/f, multi-tenant building from Coastal Economic Development Corp. Tenants at 4 Merrill Industrial Dr. currently include RTS, Tom James Company, Lionwise and Beach Plum. The new owner plans to occupy one-half of the building.
Kent White, CBRE | PortsmouthKent White of CBRE | Portsmouth represented the seller and Peter Billipp of the Kane Company represented the buyer in this transaction.
CBRE | Portsmouth is an affiliate office of CBRE Group, Inc. This strategic partnership combined national resources with regional control and ownership to offer clients a balanced service platform. CBRE | Portsmouth services the Seacoast and I-95 corridor and works closely with nearby CBRE | New England offices in Manchester, New Hampshire, Portland, Maine, Boston, Massachusetts, New Haven, Connecticut, Hartford, Connecticut and Providence, Rhode Island.
CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The company has 44,000 employees (excluding affiliates), and serves real estate owners, investors, and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.
MORE FROM Owners Developers & Managers
Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel
Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
Quick Hits
 (1).png)
Columns and Thought Leadership
The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul
Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
August Promotion
