Concord, NH North Branch Construction completed a 22,000 s/f interior demolition and office fit-up renovation for Community Bridges at their new location at 162 Pembroke Rd. In addition to a new site drainage system, sidewalks with a parking lot expansion, and landscaping, interior work included demolition of existing space, insulation, roofing, flooring, painting, and extensive upgrades to the existing fire protection system, mechanical and electrical systems. Upgrades to interior finishes were also completed.
“North Branch is very pleased to complete another successful project with Community Bridges. This newly upgraded facility will help Community Bridges better serve their clients for many years in the future.” said Joseph Campbell, president of North Branch Const.
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.
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.