Salem, NH Colliers negotiated the lease of 7,000 s/f at 142 Main St. to Autotiv Manufacturing Corp. Hugo Overdeput, of the Colliers Manchester office, represented the landlord, Patriot Investment Group, and advised the tenant in the transaction.
Autotiv Mfg. is a player in high performance digital manufacturing, i.e 3D printing, injection molding, urethane casting, and CNC machining. The company outgrew its space and signed a multi-year lease at 142 Main St.
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.