Category: Northern New England
Reflecting on Q4 2023: A comprehensive review of Portsmouth and Dover submarkets - by Abby Bachman
March 1, 2024
As we ramp up in 2024, it’s an opportune moment to delve into the trends of 2023, transactions, and developments that defined the industrial and office sectors within the Portsmouth and Dover submarkets.
The Greater Portland retail forecast for 2024 - by Peter Harrington
March 1, 2024
Looking back at 2023, the retail scene in the greater Portland area remained resilient though we did see a slight uptick in the overall vacancy rate from 4.23% to 4.33%. A large portion of the vacancies in the market can be attributed to a few spaces. In Portland, where the vacancy rate stood at
A guide to property restrictions: Covenants and easements - by Philip Hastings and Alexandra Brewer
March 1, 2024
Covenants and easements are two common title encumbrances that can impact the development of real estate. It is important for purchasers, owners, and occupants of real estate to understand these concepts. A restrictive covenant prohibits a property owner or tenant from doing something
A real three-body problem - by Thomas House
March 1, 2024
We are here in a mathematical distortion field at the heart of chaos theory — the three-body problem. (No, it’s not a movie title pun draining the meaning from a serious computational challenge.)
Groundhog day? - by Bill Pastuszek Jr.
March 1, 2024
The groundhog did not see his/her shadow recently. That means it might be an early spring. This winter has been a strange season everywhere, both in terms of the weather and real estate. Overall, while many indicators pointed positive, nothing feels certain or quite right. Residential markets experienced weird
Conway Development Partners completes 19,097 s/f Tractor Supply Co. store in North Conway
March 1, 2024
North Conway, NH Matt Halprin principal of Conway Development Partners LLC, completed the ground up development for the new Tractor Supply Co. store at 170 North-South Rd. across from the new roundabout entrance to Settlers Green Outlets and Market Basket.
Wright-Ryan celebrates 40 years of building
March 1, 2024
Portland, ME Wright-Ryan, one of the largest and most respected construction firms in northern New England, today launched “Building for Generations” an anniversary celebration of its 1984 founding by Tom Wright and John Ryan. Through a series of special initiatives planned
Garvey of Coastal Land & Commercial Group assists in $1.239 million sale of 111-unit self-storage fa...
March 1, 2024
Dover, NH Dave Garvey of Coastal Land & Commercial Group has assisted in the purchase of a 111-unit self-storage facility. Garvey exclusively represented the buyer to complete the auction transaction at a sale price of $1.239 million.
Lyons joins newly opened Suffolk Portland office
March 1, 2024
Portland, ME According to Suffolk, one of the largest construction enterprises in the country, Justin Lyons will join the company’s newly opened office as vice president and project executive. Lyons will leverage his local relationships and 20 years of industry expertise to drive
Martin and Rohrer of Colliers lease 35,740 s/f to Sanford Temperature Control
March 1, 2024
Manchester, NH Colliers facilitated the 35,740 s/f lease at 201 Allard Dr. Doug Martin and Bob Rohrer, of Colliers’ Manchester office, represented the landlord and assisted the tenant in the transaction. Sanford Temperature Control, Inc. signed a long-term lease for the entire high-bay warehouse
The Kane Company and Stroll Café & Wine Bar to co-host Boston Bruins meet and greet event at 75 Por...
March 1, 2024
Portsmouth, NH The Kane Company, in partnership with Stroll Café and Wine Bar, will be bringing together key alumni players from the Boston Bruins for a special opportunity to meet these rockstar athletes
Peck of Horvath & Tremblay sells 46 units
in Nashua for $6.05 million
March 1, 2024
Nashua, NH William Peck of Horvath & Tremblay has facilitated the sale of two transactions totaling 46 units for a total of $6.05 million. 15-17 Railroad Sq., which sold for $2.85 million, $203,571 price per unit 7.28% cap rate, is a 14-unit brick mixed-use property situated near the intersection of Main St.
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