News: Northern New England

Shea sells mixed-use building; financed by Bank of New England

Thirty Crystal Ave., LLC has purchased a mixed-use building on 30 Crystal Ave. The building is slated for major renovations with a new façade, commercial store front windows, brick planters and new operating systems throughout. The building has two retail suites on the ground floor and 4 apartments on the second floor. Sale price according to the registry of deeds was $349,900. Bank of New England is providing the construction funding and also the permanent financing. Keith Landry, senior commercial lender of Bank of New England arranged the financing. The sale was handled for the seller and buyer by Harry Shea of Shea Commercial Props.
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Northern New England

PROCON and Hitchiner break ground on 57,000 s/f shared services operations facility

Milford, NH Hitchiner, in partnership with PROCON’s integrated design and construction team, has officially broken ground on a new 57,000 s/f shared services operations facility at its Elm St. campus. This building will house value-added services used across Hitchiner’s various business units,
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