Category: Northern New England

Barrington, NH Colliers has sold 528 & 532 Calef Hwy. for $1.15 million. The sale consists of 4.29 acres with three buildings totaling 5,514 s/f, known as Knight’s Garage and The Barrington Depot. Andrew Ward, of Colliers’ Portsmouth office, represented the seller, TRS Knight Family Rev Trust, and Deane Navaroli, of William & Reeves Commercial Real Estate, represented the buyer, Desaulniers Commons, LLC, in the sale.

Durham, NH Torrington Properties (Torrington) has acquired the Mill Road Plaza from Colonial Durham Associates for $8.8 million. The 10-acre Mill Road Plaza is the current home to Hannaford, Allegiant Physical Therapy, Appledore Family Medicine and Pediatrics, Domino’s Pizza, Mei Wei, Rite Aid and The Works Café. The Mill Road Plaza joins Torrington’s growing list of recent retail and commercial acquisitions and developments.

Scarborough, ME An affordable housing development will soon bring much needed independent living opportunities for disabled adults to one of the region’s fastest-growing hubs. Set to rise within a 524-acre mixed-use community known as The Downs, this new 51-unit fully accessible apartment building is designed by architecture and interiors firm. Gary Kane, principal with The Architectural Team (TAT)

Bedford, NH Mahreana Hopson, PE has joined TFMoran as a structural project manager in the Bedford office. Hopson is a licensed professional engineer in the states of Connecticut and New Hampshire. Hopson earned her Bachelor of Science in Civil Engineering Technology, Magna Cum Laude, from the Rochester Institute of Technology.

Concord, NH Nobis Group recently awarded scholarships to two 2023 high school graduates. Now in its fifth year, the Nobis scholarship program was developed to further the company’s dedication to promoting Science, Technology, Engineering, and Mathematics (STEM) to high school students.

Westbrook, ME Landry/French Construction joined Waterstone Properties Group on June 1, 2023 to celebrate the placement of the last steel beam on Rock Row’s Medical and Research Campus building. The Rock Row Medical & Research Campus, anticipated to be completed in 2024, will be anchored by New England Cancer Specialists, the largest medical oncology group and leading provider of cancer care in the region.

Portland, ME On May 25^th, over 300 real estate insiders gathered both in-person at the Holiday Inn By the Bay and virtually for the Maine Real Estate & Development Association’s (MEREDA) annual spring conference. As part of the Conference, MEREDA released its 17^th edition of the MEREDA Index.

Newington, NH Joel Aho, president of Aho Properties, represented ownership in the sale of the 4,638 s/f building on 0.2 acres located at 23 River Rd. for $740,000.

As I reflect on the past 10 years, I am reminded about the multifamily expansion and growth, nationwide. The remarkable progress in this sector has not only revitalized our cities but has also positively impacted countless lives; I am grateful for the prosperity it has brought to our communities and its citizens.

We have made it halfway through 2023 and the financial/economic house is still standing! In fact, several pundits are starting to float the idea that there will be no recession this year. The democrats will go to extreme ends to achieve that because of the blow-back on the Biden Administration and their hopes for re-election.

Concord, NH North Branch Construction’s project manager, Susane Gilbert, has recently received the LEED Green Associate credential from the U.S. Green Building Council. LEED Green Associates are equipped with the knowledge and skills necessary to promote and implement green building practices within the workplace and community.

Hooksett, NH PROCON has completed a 139-kilowatt solar array that sits atop the company’s headquarters. The array will generate an estimated 154,377-kilowatt (kW) hours of renewable energy each year, offsetting nearly 50% of the company’s electric load and over 151,000 pounds of annual carbon emissions.