Tilton, NH James Cropsey of Cropsey Commercial Waterfronts brokered a one year lease with Jae-Ann Rock of SunStream Consulting for Suite 107 at Riverfront Place, 322 West Main St.
Riverfront Place is an award winning historic brick mill building renovation. Riverfront Place is adjacent to Riverfront Park between exits 19 and 20 just one mile off I-93 from either exit. The building has views of Winnipesaukee River and the park.
Suite 107 measures 225 s/f and rents for $300 per month starting in May 2020. The suite consists of one large executive office. Utilities (including water, sewer, electric, heat and air conditioning) are included in the common area and maintenance charges included in the quoted rent.
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.