Exeter, NH Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., completed corporate advisory services on behalf of SeaCoast Pathology.
SeaCoast renewed a long-term lease with the new building owner, AG-SC Hampton Road Owner, LLC.
SeaCoast is occupying 17,120 s/f of administrative and laboratory space at 1 Hampton Rd. The building contains 83,742 s/f on three floors.
Robert Cleary, SIOR, CRE of Colliers served as corporate real estate counselor for SeaCoast Pathology.
Kent White and Caitlin Burke of The Boulos Co. represented the landlord.
In September of 2023, the medical office building was acquired by Sendero Capital and Angelo Gordon for $13.5 million. Since the acquisition, it has been a goal of the new owners to achieve 100% occupancy of medical tenants. Additionally, they are investing in upgrades to the building’s exterior and mechanical systems, elevating it to class A standards.
Seacoast Pathology offers pathology laboratory services to physicians across New England. Their unwavering commitment to excellence encompasses expert diagnoses, cutting-edge technologies, and exceptional service since 1981. Clinicians gain from a comprehensive array of advanced anatomic and clinical pathology services, streamlined processes, state-of-the-art testing technology, and outstanding patient care.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.