News: Northern New England

NAI The Dunham Group brokers seven deals

NAI The Dunham Group negotiated seven transactions. * kNowmedia, Inc leased 2,700 s/f of office space at 465 Congress St. from L.E. Springer, LLC. Tom Moulton, CCIM, SIOR from NAI The Dunham Group and Karen Rich from Cardente Real Estate brokered the lease. * Maine Center of Entrepreneurial Developers leased 1,593 s/f of office space at 30 Danforth St. from JB Brown & Sons. * Engine Room leased 1,975 s/f of retail space at 41 York St. from JB Brown & Sons. Katie Allen from NAI The Dunham Group brokered both of these leases. * In South Portland, Hope Group leased 7,000 s/f of warehouse space at 5 Wallace Ave. from 5 Wallace Avenue, LLC. Tom Dunham, SIOR and Greg Hastings, SIOR from NAI The Dunham Group brokered the lease. * BPT Real Estate, LLC purchased 8,000 s/f of warehouse space at 116 Pleasant Hill Rd., Scarborough from 116 Pleasant Hill Road, LLC. Hastings brokered the sale. * Chapter 11 Stores leased 6,174 s/f of retail space at Augusta Plaza from Augusta Plaza Associates, LLC. Charlie Craig from NAI The Dunham Group and Remax Coastal brokered the sale. * Stone Projects, LLC leased 1,600 s/f of warehouse space at 5 Laurence Dr., Gorham from MW Realty, LLC. Hastings and Justin Lamontagne from NAI The Dunham Group brokered the lease.
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Columns and Thought Leadership
Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

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 Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

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!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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