News: Northern New England

PROCON names Cochran, Lizotte, and Pelton to leadership team

Kimberly Cochran

Hooksett, NH PROCON LLC has named Kimberly Cochran, Christopher Lizotte, and Tracey Pelton as new members of the company’s leadership team, joining managing directors John Stebbins and Jennifer Stebbins Thomas and co-presidents James Loft, AIA, and Lance Bennett. Cochran, Lizotte, and Pelton have a combined 34+ years of working for PROCON and demonstrated proven leadership abilities in each field of expertise.

Cochran is PROCON’s vice president and general counsel with 14 years of service at the company, offering extensive knowledge and experience in construction law and risk management. She uses her expertise to vet and tailor contracts, insurance requirements, and various legal issues. Having come to PROCON with a background in insurance risk management and claims, with a Chartered Property and Casualty Underwriter (CPCU) designation, Cochran is able to effectively evaluate proper insurance coverage for the company and their subcontractors. Since joining PROCON, her knowledge and experience related directly to bonding, construction, construction contracting, project development, design and engineering has rounded out her skills, giving her the ability to advise the company at all levels. Kim is admitted to practice law in New Hampshire and Massachusetts.

Christopher Lizotte

Lizotte, AIA, NCARB, LEED AP, is vice president of architecture at PROCON with 12 years the company. He is known for his ability to multi-task complex, multimillion-dollar projects with an eye toward the crucial details that contribute to project excellence. Some of his notable projects include the multi-use Portwalk place lot 3, and the Class A office building at 145 Maplewood Ave. both in Portsmouth, NH, and the 9-story Station Landing Dual Brand Hotel in

Medford, MA.

Pelton serves as vice president of marketing and business development and has worked at PROCON for 8 years. During her tenure with the firm, she has successfully transformed PROCON’s outward image by leading a total rebranding effort and updating everything from their website to proposals. Pelton and her team also manage all PROCON corporate events, including beam-raisings, groundbreaking ceremonies, and team-building events, as well as seek new client opportunities. She has streamlined all aspects of corporate communications to promote an easy understanding of the company’s capabilities and expertise for existing and potential clients. Tracey also leads PROCON’s numerous philanthropic activities and serves on the Easterseals NH/VT board.

Tracey Pelton

“They come to work every day striving to provide our clients with creative solutions and exceptional service while helping to make everyone around them a valued contributor to that process. We look forward to having them at the leadership table and know that their continued contributions will help lay a foundation for our future as a company for years to come,” said Stebbins.

“Kim, Chris, and Tracey exhibit all of the characteristics of the company ethos that have made PROCON a leading architectural and construction

management firm, and, more importantly, a great place to work and thrive,” said Stebbins. 

“We could not have chosen three more deserving people to receive this promotion,” said Jennifer Stebbins Thomas.  “They have earned the respect of their colleagues and our clients and have been a big part of our success over the past two decades. We are thrilled to have their ideas, skills, and creativity added to our leadership team.”

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
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
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.

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. 

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