News: Northern New England

CLD Consulting Engineers recognized for Granite St./I-293 exit 5 improvement project

CLD Consulting Engineers, Inc. has been recognized by the American Society of Civil Engineers - New Hampshire Section, (ASCE-NH) for participation in the Granite St./I-293 exit 5 improvement project. The city of Manchester was awarded the ASCE-NH 2008 New Hampshire Outstanding Civil Engineering Achievement Award for the project, which was designed by CLD. The award was presented at the ASCE-NH 50th anniversary celebration held on May 27, at the Bedford Village Inn. The New Hampshire Chapter of the American Society of Civil Engineers, a worldwide professional society, is active in all facets of the civil engineering profession. Additionally, CLD has been awarded the 2009 Excellence Award from the American Council of Engineering Companies of New Hampshire (ACEC-NH), also for the Granite Street Project. The Engineering Excellence Awards, presented annually by ACEC-NH, recognize engineering achievements which demonstrate the highest degree of merit and ingenuity. Four categories were considered, and an overall winner selected from nine submissions. CLD won in the transportation Category and was the overall winner for 2009. Awards were presented at the ACEC-NH annual meeting Banquet, June 9 at the Red Hook Brewery in Portsmouth. ACEC-NH is affiliated with a broader national organization, the American Council of Engineering Companies (ACEC), which represents more than 5,500 consulting engineering firms nationally. CLD provides an extensive range of comprehensive professional services including survey, site planning, civil engineering, traffic/transportation planning, bridge/highway design, water resources engineering, environmental engineering, solid waste management, structural engineering, permitting, and construction management services to communities, regional planning agencies, state and federal agencies, and industrial and private clients throughout northern New England.
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Northern New England

November 2024 NH CIBOR president’s message: 10 tips for commercial real estate investors - by Ethan Ash

While many Realtors will tell you what you need to do in order to sell your residential property at the highest price (clean out the junk, update bathrooms and kitchens, paint, etc.) most people don’t get easy to follow guidance on what to do to help your commercial real estate sale. Other than that advice that I
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Columns and Thought Leadership
Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion
Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

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. 

The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

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.