McMahon from NAI Norwood Group reps Hanmin Ventures in 3,217 s/f lease at 95 New Hampshire Avenue
Chris McMahon from NAI Norwood Group's Portsmouth office represented Hanmin Ventures, Inc. in their search for 3,000 to 4,000 s/f of office and studio space. After viewing several viable options the tenant was able to arrive at an agreement with Two International Group for a long term lease of 3,217 s/f at the 195 New Hampshire Ave. building on Pease International Tradeport. Hanmin Ventures. is a local franchisee of the international wide format imaging company, Speed Pro. This will be the company's first location in the state.
"It's exciting to help a franchise find space to open their doors for the first time in the state," McMahon said.
NAI Norwood Group, with offices in Bedford and Portsmouth, is an affiliate of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, NAI Global clients have built their businesses on the power of NAI's expanding network. NAI Global's extensive services include corporate real estate services, brokerage and leasing, real estate investment and capital market services, and consulting services. For more information please visit www.nainorwoodgroup.com.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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!
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 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