Somersworth, NH Connolly Brothers Inc. completed a new two-story, 27,500 s/f Chrysler Dodge Jeep Ram (CDJR) auto dealership project. Once a former drive-in movie theater site, the new dealership is located on Rte. 108, and serves as a sales and service auto dealership for all four CDJR brands.
The new facility’s front sales space offers a 4,400 s/f showroom, displaying the latest Chrysler, Dodge and RAM vehicles on one side and Jeep vehicles on the other. The dealership also has a dual lane service drive area with capacity for six vehicles, which includes an electronic tire tread and alignment analyzer to expedite vehicle service processing. To pass the time, customers can relax in the Jeep-themed guest lounge, equipped with a coffee and snack bar, a TV and a tech table suitable for remote work.
In addition to a showroom, service drive area and guest lounge, Tri-City’s new dealership houses a 10,800 s/f, 16-bay service garage including an alignment bay with lift capacities for cars, pickup trucks, light trucks and small RVs, strategically designed to maximize efficiency and speed of repair work. Moreover, 170 exterior parking spaces are accessible for new vehicles, customers and employees.
The building is constructed with materials consisting of insulated metal panel systems (IMP), exterior insulated finish systems (EIFS), aluminum composite material (ACM) and aluminum curtain wall systems.
“We pride ourselves on repeat business and this relationship goes back over forty years and three generations of leadership at Connolly Brothers,” said Connolly Brothers president and CEO, Jay Connolly. “The confidence and trust DSR Motorgroup has in our firm is something we take very seriously and we look forward to working on more projects with them in the future.”
Connolly served as the architect of record and construction manager for this design-build project.
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.
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.