News: Northern New England

PROCON launches new company website: proconinc.com

Manchester, NH PROCON has launched a new company website. For over 80 years, they have had the privilege of completing thousands of projects throughout the Northeast. Not only have they designed and built with some of the best partners in the industry, but their employees are second-to-none. 

The new site is not just about PROCON, but it reflects all the amazing work of the people that have made their success possible. They have reinvigorated their online presence with an updated look. New users will be able to sample the PROCON “experience” via a clean, sharper interface, and returning users will enjoy seeing the joint efforts of their hard work in display. 

Their projects and services are highlighted in eye-catching photos, and their missions, vision, and values are clearly defined. PROCON has also added client testimonial videos, and spotlighted their community involvement. 

Want to view their projects? A user-friendly portfolio page allows you to select projects by industry-segment and dial down for building-specific information. Moreover, their popular Happy Video can still be seen on the careers page, and it is now easier to engage with them on social media, and so much more. 

The simpler platform enables everyone to engage with PROCON in an enhanced online experience. To view their new look visit
proconinc.com. PROCON is a single-source, architecture, engineering and construction management firm serving commercial developers throughout the Northeast. 

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. 

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.

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