Nashua, NH Prolman Realty, Inc. leased 7,000 s/f of office space to Shaheen & Gordon P.A. at 191 Main St., according to Mark Prolman who represented the lessor, Parsons Ventures, and assisted the tenant.
The 12,000 s/f building was formerly occupied for many years by Bank of New Hampshire and subsequently TD Bank. The building will now undergo extensive interior buildout for Shaheen & Gordon and exterior improvements, bringing the building and initial windows back to their original architectural design, according to Rob Parsons, owner of Parsons Ventures. Renovations are being completed by Northpoint Construction.
Leasing 191 Main St. by Shaheen & Gordon represents a renewed commitment to the local community.
The firm has provided legal services to Nashua for over 40 years, but the larger downtown space will put attorneys at the center of the city, better situated to serve residents, according to Michael Noonan and Jared O’Connor, managing partners.
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.