Category: Northern New England
True Storage completes 10th development
of 2024 with Kmart conversion
October 4, 2024
Hooksett, NH New England self-storage developer, True Storage completed its 10th completion of the year this past week with the opening of its newest CubeSmart conversion. The project is a conversion of a former Kmart that had been vacant for over a decade. The property is located at 1267 Hooksett
Andrews of Nobis Group appointed to American Council of Engineering Companies New Hampshire board of...
October 4, 2024
Concord, NH Tim Andrews, PG, director of state & municipal services at Nobis Group, has been appointed to the American Council of Engineering Companies New Hampshire (ACEC-NH) Chapter’s board of directors. “As a developing professional and project geologist, I recall the importance of involvement
CORE completes acquisition of
24,000 s/f Kittery shopping center
October 4, 2024
Kittery, ME CORE has acquired 360 US Rte. 1. This 24,000 s/f shopping center is in the downtown and is home to Brooks Bros., Talbots, and Sustenance Herbs – a locally based, organic pet food store. The transaction, which closed on August 22nd, marks another deal for CORE’s
Tidemark, PROCON and BOD Holdings
break ground on 135-unit apartment complex
October 4, 2024
Somersworth, NH Tidemark and BOD Holdings LLC have broken ground on a new 135-unit apartment project in downtown. This modern residential project will offer surface parking and amenities. State and local officials, along with members of the community, joined BOD Holdings LLC, Tidemark, and PROCON’s design-build team for a groundbreaking ceremony to celebrate
NHCIBOR president’s message: Real estate is an important issue in New Hamsphire - by Ethan Ash
September 6, 2024
As we are nearing the elections in November, I can only imagine what the political landscape looks like as you are reading this message. I think most people can agree that at a national level, elections have become more fanatic and tribal - focused far more about a side winning
The southern N.H. industrial market - Potential start of a new market cycle in 2025 - by Michael Ha...
September 6, 2024
I’m reflecting back on my NEREJ article of August 2023 to provide an update on the Southern New Hampshire industrial market compared to a year ago. As speculated in last year’s article, the anticipated pivot from low vacancy and rising rates has occurred and
Commercial deal flow trends indicate return to normal and growth potential - by Joe Atwood
September 6, 2024
As we move through Q3, local and national data on commercial real estate deal flow is painting a promising picture for year-end transaction volumes and stabilized sales trends. While the market has shown volatility in 2023 and early 2024, numbers are trending upward and there is a
Ask the electrician: How can I protect my equipment from power surges? - by Matthew Keenan
September 6, 2024
Power surges are hidden dangers that can damage your expensive equipment and shorten its lifespan. While the utility company works diligently and safely to guarantee stable voltage, fluctuations still occur. These variations, even minor ones, can significantly reduce the lifespan
N.H. Supreme Court curbs planning board authority to deny site plan approval - by Philip Hastings a...
September 6, 2024
The New Hampshire Supreme Court recently curbed a planning board’s ability to deny site plan approval of development projects. In Mojalaki v. Franklin, decided this spring, the court overturned the planning board’s denial of site plan approval for a solar farm
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
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.
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
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