Nashua, NH JACKMAN Commercial Realty, Inc. has sold Corporate Place at 547 Amherst St. Corporate Place is a four-story, 35,427 s/f, class A office tower and was 96% occupied at the time of sale.
JACKMAN was selected by the seller for its vast experience in real estate investment sales in Southern New Hampshire and its attention to detail to both marketing and leasing.
The property was sold by 547 Amherst LLC to the buyer 547 Amherst Street, LLC. According to the Hillsborough County Registry of Deeds the property sold for $3.125 milllion.
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 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.