News: Northern New England

Horizons Engineering acquires White Mountain Survey & Engineering

Littleton, NH Horizons Engineering Inc. has acquired White Mountain Survey & Engineering, Inc. of Ossipee. With their new presence, Horizons now totals 8 offices placed across Vermont, New Hampshire, and Maine, expanding their capabilities to better serve the northern New England region.

White Mountain Survey & Engineering offices and staff will remain under the leadership of James Rines, PE, LLS, CPESC, who was the firm’s first employee in 1977. The practice brings nearly 45 years of expert witness testimony, civil engineering, survey, land planning, shoreland permitting and septic design to the robust services Horizons has been providing to New England for nearly 20 years. “We are thrilled to bring WMS&E, a firm known for its courteous and responsive team of professionals with deep local knowledge, into the Horizons family,” said Rines. “By joining forces, we strengthen our growing practice and support all of our clients more fully. I am confident the similarly aligned missions of Horizons Engineering and White Mountain Survey & Engineering will lead to improving the quality of life for people we serve across the northeast.”

Horizons Engineering CEO, Jon Warzocha, PG, managing the acquisition said, “Horizons is very much looking forward to bringing the expertise and enthusiasm of WMS&E into the firm. The addition of WMS&E adds a talented group of like-minded land survey and engineering professionals to our team, and further expands our geographic footprint allowing us to better serve our clients and communities.”

MORE FROM Northern New England
Northern New England

November 2024 NH CIBOR president’s message: 10 tips for commercial real estate investors - by Ethan Ash

While many Realtors will tell you what you need to do in order to sell your residential property at the highest price (clean out the junk, update bathrooms and kitchens, paint, etc.) most people don’t get easy to follow guidance on what to do to help your commercial real estate sale. Other than that advice that I
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

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 Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

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.