News: Northern New England

Sullivan of NorthMarq Capital arranges $16.2 million refinance

John Sullivan, senior vice president of NorthMarq Capital's Boston based regional office arranged the $16.185 million refinance of 100 Domain Dr., a 263,914 s/f office building. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank. Major tenants at the property include Liberty Mutual and Bauer Performance Sports. "We are pleased to continue our strong relationship with one of the premier commercial real estate groups in New England," said Sullivan. "The lender was able to provide attractive long-term fixed rate financing with a flexible prepayment schedule and allowable future advances."
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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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