Merrimack, NH According to Colliers International, a global leader in commercial real estate services, Physicians Resources leased the remaining 12,000 s/f at 316 Daniel Webster Hwy. Doug Martin, from Colliers’ Manchester office, represented the landlord, Riley Enterprises, and assisted the tenant in this transaction.
Physicians Resources LTD left its 6,700 s/f space in Amherst, nearly doubled its size, and plans to add additional employees. “This move accommodates the continued growth for Physician Resources LTD. The move to 316 DW Highway allows for additional expansion while also improving work place efficiencies and overall customer and employee experiences,” said Brian Hall, president and COO.
“We enjoy working with well-managed companies expanding in the market. Transforming spaces for our tenants to meet their specific growth needs is exciting. Each space takes on a unique design to accommodate their specific operational needs,” said to Chris Riley, vice president of Riley Enterprises.
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.