News: Northern New England

North Branch Construction breaks ground at White Birch Armory Shooting Range and Retail Showroom in Dover, NH

Shown (from left) are: Matt Nihan, TW Designs, LLC; Laurel Adams, president, Regional Economic Development Center;
Joe Baton, Primary Bank, Jessica Devoid, White Birch Armory; Sean Manning, owner, White Birch Armory;
David Guard, Kenny Leblanc, and Shelby Hughes of White Birch Armory;
Steve Haight, Civilworks New England; Jim Schwartzkopf, project manager, North Branch Construction.

Dover, NH White Birch Armory held a ceremonial groundbreaking celebration at the site of the new White Birch Armory Shooting Range and Retail Showroom to be completed by North Branch Construction. The new construction project located at 74 Industrial Park Rd. includes 13,600 s/f dedicated to a shooting range with 16 firing lanes and warehouse space of insulated concrete form and structural steel, with an 8,144 s/f retail showroom of light gauge metal frame construction. Scheduled to open in the summer of 2020, the facility will also include classrooms, a member lounge & administrative offices.

White Birch Armory, a distributor of ammunition, firearms, and related accessories, was founded in 2014 by Sean Manning, a Purple Heart recipient who served with the U.S. Marine Corps with multiple deployments to Iraq as a reconnaissance Marine and scout sniper. Manning has firearms industry experience as both an engineering technician and a testing and evaluation manager. In addition, Manning is a master firearms instructor and precision scoped rifle competitor.

TW Designs, LLC is the engineering and architectural design firm on the project.

Shown (from left) are: Matt Nihan, TW Designs, LLC; Steve Haight, Civilworks New England;
Jessica Devoid and Kenny Leblanc, White Birch Armory; Laurel Adams, president, Regional Economic Development Center;
Sean Manning, owner, White Birch Armory; Shelby Hughes and David Guard of White Birch Armory;
Jim Schwartzkopf, project manager, North Branch Construction; Joe Baton, Primary Bank; Tom Knott, project superintendent, North Branch Construction.

 

MORE FROM Northern New England
Northern New England

November 2024 NH CIBOR president’s message: 10 tips for commercial real estate investors - by Ethan Ash

While many Realtors will tell you what you need to do in order to sell your residential property at the highest price (clean out the junk, update bathrooms and kitchens, paint, etc.) most people don’t get easy to follow guidance on what to do to help your commercial real estate sale. Other than that advice that I
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

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. 

Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion
The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

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.