News: Northern New England
Posted: March 6, 2008
Duhamel-Labbe of REI Service sells 3,988 s/f to Plex Realty Trust
According to REI Service Corp., Plex Realty Trust, LLC purchased the 3,988 s/f building and land located at 450 Charles Bancroft Highway. The building was previously home to several restaurants including Shorty's Mexican Restaurant and Crofter's Pub.
The price according to tax stamps at the Hillsborough County Registry of Deeds indicated that the price was $315,000.
Doris Duhamel-Labbe of REI Service Corp. represented the seller.
REI Service Corporation is a full service real estate firm specializing in commercial brokerage, property management, consulting, and project management for the past 16 years in Manchester, NH. For further information contact Doris Duhamel-Labbe at (603) 645-6450 or (603) 261-6450 cell.
MORE FROM Northern New England
Quick Hits
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary