News: Northern New England

O'Brien and White of CBRE|NE broker 4 leases and 1 land sale

Margaret O'Brien and Kent White of CB Richard Ellis/New England's Portsmouth office have negotiated 4 leases totaling over 16,000 s/f and 1 land sale. * O'Brien negotiated the sublease of 1,865 s/f of office space at 14 Manchester Sq. at the Pease International Tradeport to Allegiance Hospice. She represented the sublandlord, RES Title, and procured the tenant. * O'Brien also negotiated the lease of 4,500 s/f of office space at 30 Penhallow St. to Pensco Trust Company. She represented the landlord, Coventry Assets. David Choate of Grubb & Ellis| Coldstream Real Estate Advisors represented the tenant. * O'Brien leased 8,790 s/f of office space at 755 Banfield Rd. to Community Developmental Services (CDS). She represented the landlord, 755 Banfield, LLC. Robert Marchewka of The Kane Company represented the tenant. * White leased 1,736 s/f of office space at 224 State St. to ADM Promotions. He represented the landlord and procured the tenant. * White sold 10.7 acres on Jacks Bridge Rd. in Londonderry to Penske Truck Leasing Co. The seller, Freedom Park Associates, sold the land for $1.2 million. White represented Penske and Grubb & Ellis/Coldstream Real Estate Advisors represented the seller.
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Northern New England

PROCON and Hitchiner break ground on 57,000 s/f shared services operations facility

Milford, NH Hitchiner, in partnership with PROCON’s integrated design and construction team, has officially broken ground on a new 57,000 s/f shared services operations facility at its Elm St. campus. This building will house value-added services used across Hitchiner’s various business units,
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