Seabrook, NH NAI Norwood Group completed the sale of 93 Ledge Rd. for $1.145 million.
The 10,300 s/f flex/office building is now home to the Radiation Safety and Control Services corporate headquarters to keep pace with the company’s steady growth.
Brian O’Brien, RPA, vice president managing broker of the NAI Norwood Group Portsmouth office represented the seller in the transaction.
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.