Hooksett, NH Richard Danais of Danais Realty Group, LLC sold a 97,600 s/f industrial building for $6.5 million.
1000 Quality Dr. has been used exclusively since it was built in 2000 as a beverage distribution facility. The building was sold vacant and is currently for lease. The building consists of 16,000 s/f two-story office component with warehouse with 24’ clear height, 10 dock level doors and three drive-in doors situated on ten acres.
Danais represented the seller and assisted the buyer.
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.