Category: Northern New England
Stebbins, Greenstein and Phillips of The Boulos Co. broker $1.79 million sale of 21 Elm Street
December 8, 2023
Camden, ME Elm Street Properties, LLC purchased 21 Elm St. for $1.79 million. Noah Stebbins of The Boulos Company represented the buyer, and Boulos’ Dan Greenstein and Sasha Phillips represented the seller, 21 Elm Street, LLC.
Cobb of Colliers facilitates three sales
December 8, 2023
Saco, ME Mike Cobb of Colliers represented 1031 Portland Road, LLC in three transactions. The Maine-based investor sold a land parcel in the first quarter of 2023 and then bought two properties in the second quarter as part of a 1031 exchange.
The Lollipops return to Brady Sullivan Plaza
December 8, 2023
Manchester, NH Nearly 49 years after the initial Hampshire Plaza Mall dedication celebration, The Lollipops, as they were called, have made their way home. In the early 1970s, artist Robert Amory created three wind sculptures named Fantasy,
Mitchell of Malone Commercial Brokers sells
five-building portfolio for $14.55 million
December 8, 2023
Portland, ME Malone Commercial Brokers negotiated the sale of a five-building industrial portfolio, totaling 151,470 s/f. The properties included: 392, 400 and 420 Warren Ave. in Portland; 80 Kittyhawk Dr. in Auburn; and 37 Godsoe Rd. in Bangor. The portfolio was sold to Capital Properties, LLC by K&R Realty Associates, LLC for $14.55 million.
Navigating the complexities of seller financing in Maine - by Jessica Estes
November 3, 2023
Today’s interest rates, underwriting standards, and financing timelines can often be an obstacle in closing a real estate transaction. Once the buyer and seller agree on the price and terms for the real estate sale,
What trends are you seeing in the Nashua/Manchester submarkets? - by Robert Rohrer
November 3, 2023
Office leasing fundamentals continue to favor tenants, particularly in the Nashua submarket. The Manchester market is a bit more in balance. This differentiation has less to do with current market conditions (work from home initiatives, etc.) and more
November 2023 NH CIBOR president’s message -by Matthew Bacon
November 3, 2023
As Realtors, we take an oath to support the NAR Code of Ethics, the legal standards controlling our profession, and those countless things we’ve learned from our community and mentors in the business that help guide us to go above and beyond those
East Brown Cow, Commonwealth Hotels welcomes O’Reilly as area GM of Hyatt Place Portland-Old Port...
November 3, 2023
Portland, ME East Brown Cow and Commonwealth Hotels welcome Stacy O’Reilly as area general manager for Hyatt Place Portland-Old Port and The Docent’s Collection. O’Reilly brings over 20 years of industry experience
Metro Walls acquires Aceto Acoustics
October 3, 2023
Portland, ME Metro Walls, one of New England’s leading wall and ceiling contractors, acquired Aceto Acoustics, Inc., a Maine-based acoustical company, effective October 2, 2023. The addition of Aceto Acoustics, Inc. allows Metro
Paszyc and Lucas of The Boulos Co. sell
56,271 s/f industrial for $3.65 million
November 3, 2023
Oakland, ME E23, LLC purchased a 56,271 s/f industrial building at 534 Belgrade Rd. from Valley Distributors Realty Holdings, LLC for $3.65 million. The class A distribution facility features office space, a fuel depot,
Marcus & Millichap negotiate sale of three property self-storage portfolio totaling 45,690 s/f
November 3, 2023
Chelsea, ME Marcus & Millichap brokered the sale of a three property 45,690 s/f self-storage portfolio. Luke Dawley, Nathan Coe, Brett Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office
DECCO, Inc. joins Comfort Systems USA
November 3, 2023
Nashua, NH DECCO, Inc. has joined the Comfort Systems USA network, a building and service provider for mechanical, electrical, and plumbing building systems. This partnership will enable DECCO to accelerate its growth
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