Category: Northern New England

Manchester, NH Will Peck of Horvath & Tremblay has arranged the sale of an 18-unit multi-family portfolio. The transaction was completed at a sale price of $2.65 million. The sale represents a per unit price of $147,222.

Manchester, NH Outdoor Pride Landscape & Snow Management, New England’s leading commercial snow removal and landscape management company, has once again been named one of the “Best Companies to Work For” in New Hampshire by Business NH Magazine. Outdoor Pride was also recognized by

Bedford, NH SVN The Masiello Group has appointed Brian Dano as its new managing director. With a track record as a top performing broker and a vision for growth, Dano is poised to lead the company into its next chapter of success.

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,

Starting last month, NECPE.com, the website that allows its members to market commercial listings for lease and for sale anywhere in New England, moved to a new and updated platform. This is still powered by Catalyst but now includes some added benefits from the Moody’s CRE partnership. For those who don’t know, Moody’s is a ratings organization

Nashua, NH Don Marsolini transitioned from the role of chief financial officer (CFO) to the newly created chief strategic officer (CSO) at DECCO, Inc. With his leadership skills and a strategic vision, Marsolini is poised to help DECCO deliver on its strategic vision as they explore new horizons afforded to them under the Comfort Systems

Hanover, NH Dartmouth College has launched a $500 million program to invest in new and renewed undergraduate housing, representing the school’s largest campus housing investment in a generation. College president Sian Leah Beilock has pledged to add a combined 1,000 beds

So far it has been a beautiful late summer. Of course, we still have the election ahead! The economy and commercial real estate, seem to be rolling along. Employees are being called back to work in the office, some three days a week, some four and some five. Perhaps up to 70-80% of the pre-COVID level. Office user tenants want less space and lower rents. This is hard to achieve as expenses go up,

Somersworth, NH Patriot Holdings has delivered another exciting real estate development as the private equity real estate firm expands its presence in New England. In Somersworth, a three-building industrial park is now available for lease and for sale. This industrial/flex facility has the potential for units starting at 1,600 s/f with a potential

Bedford, NH Sullivan Construction has reached a major milestone at the Market and Main retail center with the “topping off” ceremony for Building D. The final beam was signed and raised into place, marking the structural completion of the 37,135 s/f building.

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for

Manchester, NH Aaron Ravenelle has joined real estate development firm Elm Grove Companies as the new vice president of development and construction. Ravenelle brings over 26 years of extensive experience successfully leading development and construction project teams through residential, educational and commercial projects