Pembroke, NH Nick DeNisco of The Boulos Co. facilitated an industrial lease for Eustis Cable Enterprises to consolidate its operations into a single location at 340 Commerce Way. Roger Dieker of The Boulos Company represented the landlord in the transaction. Eustis leased 9,700 s/f of industrial space and 12,500 s/f of outdoor/yard space.
Eustis Cable has been in business for over 30 years with a primary focus on constructing communications systems throughout the Continental USA, Caribbean Islands, and beyond. “The new location offers an ideal geographical advantage, enabling them to maintain and strengthen client relationships across the region. Additionally, the facility features outdoor yard space, which will support the company’s growing needs” said DeNisco.
“Kelley Family Properties is proud to welcome Eustis Cable Enterprises to 340 Commerce Way in Pembroke,” said Ben Kelley, founder and principal of Kelley Family Properties. “Our location makes perfect sense for Eustis Cable’s operations. Following the acquisition of the property just over a year ago, Kelley Family Properties has undertaken significant improvements to enhance the building’s functionality and appeal. We’re excited about this site and the accessibility we can offer to small, medium, and larger tenants that are currently under-supplied,” said Kelley.
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.