News: Northern New England

PROCON recognized as one of top AEC firms to work for in New Hampshire

Hooksett, NH PROCON has been recognized by Business NH Magazine as a top employer in New Hampshire, ranking the architectural, engineering and construction management firm in the top three companies to work for in 2022.

For 25 years, Business NH Magazine has acknowledged businesses that go out of their way to create engaging workplaces and understand that fulfilled employees are more productive. This year’s competition attracted a record number of applicants from across New Hampshire.

“It speaks to the high-engagement culture PROCON has developed that the firm is among the top three Best Companies to Work For in this competitive field,” said Matt Mowry, co-publisher and executive editor of Business NH Magazine. “PROCON is to be commended for setting a high bar for what it means to be an employer of choice in New Hampshire.”

In recognizing PROCON as a top employer, Business NH Magazine highlighted the proactive efforts of the company to create a positive, healthy and fulfilling work environment including:

• All team members receive “Phantom stock” which can be worth six figures upon retirement.

• Excellent work life balance with most employees home for dinner with their families every night.

• On milestone work anniversaries, employees are personally recognized by management, even when they are on job sites, and spin a wheel to a prize such as time off, weekend getaways, electronic devices, fine-dining certificates and a variety of gift cards.

• PROCON rolled out an anonymous suggestion box to encourage employees to submit ideas and suggestions resulting in increased mileage reimbursement with the increase in gas prices, the addition of a floating holiday, and a new work-from-home policy.

• Partnering with a local gym to offer a 13-week HealthyCare program for employees to work with a registered dietitian nutritionist and a personal trainer while receiving a complete health assessment to track results.

• PROCON owners invested in LeanBox and Bevi to offer 24x7 employee access to fresh food, snacks and hot and cold beverages.  Bevi is a next generation water cooler dispensing filtered still and sparkling water that employees may choose to add natural flavors via a touchscreen.

“We are honored to, once again, be recognized as one of the best places to work in New Hampshire,” said John Stebbins, managing director of PROCON. “We are proud of this accomplishment but even more proud of our employees who do an incredible job serving our customers and have contributed their ideas and suggestions for making PROCON an even better company to work for. Our collaborative work environment empowers all employees to contribute to the success of our projects and to see the impacts of their work.”

PROCON was highlighted for its commitment to employees in the September issue of Business Magazine.

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
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
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. 

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