Category: Northern New England

Northern New England plugs along even with high costs of construction - by Bill Norton

Northern New England plugs along even with high costs of construction - by Bill Norton

October 4, 2024
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,
Marsolini named chief strategic officer at DECCO, Inc.

Marsolini named chief strategic officer at DECCO, Inc.

October 4, 2024
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
October 2024 New Hampshire CIBOR president’s message - by Ethan Ash

October 2024 New Hampshire CIBOR president’s message - by Ethan Ash

October 4, 2024
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
TAYLOR awarded contract for <br>50,000 s/f Tesla dealership

TAYLOR awarded contract for
50,000 s/f Tesla dealership

September 6, 2024
Londonderry, NH TAYLOR has been awarded the construction contract for the first Tesla dealership and service center in New Hampshire. TAYLOR is teaming with a national developer and Base4 Architects and Engineers, for the new construction of a 50,000 s/f location at 36 Industrial Dr.
Landry/French Construction acquires Florida-based MH Williams Construction Group

Landry/French Construction acquires Florida-based MH Williams Construction Group

September 6, 2024
Scarborough, ME Landry/French Construction has acquired MH Williams Construction Group, a Melbourne, Fla.-based construction firm, established in 1987. Having served Brevard County for over 37 years, MH Williams will continue under the leadership
Olson and Bartley of Nordlund <br>broker two leases - 31,670 s/f

Olson and Bartley of Nordlund
broker two leases - 31,670 s/f

September 6, 2024
Exeter, NH Kevin Olson and Rick Bartley of Nordlund Associates, Inc. negotiated a lease of 17 Industrial Dr., a 17,740 s/f building that is situated on 1.5 acres to Sig Sauer Inc. Jeff Chierepko, vice president, facilities management, SIG SAUER, Inc
Stebbins of Boulos and Harrington of Malone lease 1,616 s/f to Zinn Wealth Mgmt.

Stebbins of Boulos and Harrington of Malone lease 1,616 s/f to Zinn Wealth Mgmt.

September 6, 2024
Portland, ME Zinn Wealth Management leased Suite A at 62 India St. The newly constructed 1,616 s/f space is on street level and features a conference room, private offices, open workspace, and more. Floor-to-ceiling windows complement the modern design and offer
Ricketts and Raspuzzi of North Branch Construction graduate from ABC NH/VT Future Leaders in Construction program

Ricketts and Raspuzzi of North Branch Construction graduate from ABC NH/VT Future Leaders in Constru...

September 6, 2024
Concord, NH According to North Branch Construction, project superintendent Chris Ricketts and project manager Bronson Raspuzzi have graduated from the Associated Builders and Contractors (ABC) NH/VT Chapter’s Future Leaders in Construction program.
East Brown Cow and Commonwealth Hotels further expansion of The Docent’s Collection with new lofts at Thompson Block

East Brown Cow and Commonwealth Hotels further expansion of The Docent’s Collection with new lofts...

September 6, 2024
Portland, ME East Brown Cow and Commonwealth Hotels have introduced the newest offerings from The Docent’s Collection, a boutique hospitality product situated in the city’s historic Old Port. The expansion reflects the brand’s continued success and
Scanlon of Colliers facilitates 6,000 s/f sale of office/flex building

Scanlon of Colliers facilitates 6,000 s/f sale of office/flex building

September 6, 2024
Derry, NH Colliers negotiated the sale of 26 Kendall Pond Rd. Hager-Richter Geoscience, Inc. (HRGS) purchased the 6,000 s/f office/flex building for $820,000, according to the records of the Rockingham County Registry of Deeds.
Commercial markets observations:  Making sense of the various sectors is a challenge - by Bill Pastuszek Jr.

Commercial markets observations: Making sense of the various sectors is a challenge - by Bill Pastu...

September 6, 2024
Let’s take the Red Sox. Last year, they were last in the division with 78 wins and a .481 percentage. This year, to date, they are third in the AL East with 66 wins and a .528 percentage with a chance for a wild card. That’s progress - if they keep it up.
Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

September 6, 2024
The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion
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