Category: Northern New England
Colliers facilitates $76.2 million in construction
financing for Dover’s Cochecho Waterfront
August 2, 2024
Dover, NH Colliers’ capital markets team arranged $76.2 million in construction financing to facilitate the development of the first phase of Cochecho Waterfront, a 220-unit waterfront multifamily project. A Colliers team led by executive vice president Jeff Black, vice
Italiaander and Gallagher of The Boulos Company lease 2,920 s/f to Blaze Pizza at 451 Payne Rd.
August 2, 2024
Scarborough, ME Blaze Pizza has leased 2,920 s/f at 451 Payne Rd. from Miser Investments, LLC. The Boulos Company’s Joe Italiaander and Chris Gallagher arranged the transaction on behalf of Blaze Pizza, concluding a multi-year search across the greater Portland
Worthen joins Preti Flaherty’s real estate and finance practice group
August 2, 2024
Portland, ME Matthew Worthen has joined Preti Flaherty as a director in the firm’s real estate and finance group. Worthen previously served as a shareholder and chair of the real estate group at a Maine-based law firm.
MEREDA appoints Deering of NBT Bank and Dovich of TD Bank to board of directors
August 2, 2024
Portland, ME Jeremy Deering and Ron Dovich have been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA).
Colliers sells Manchester office building for $1.2 million - site planned for multifamily conversion...
August 2, 2024
Manchester, NH Colliers has sold 1138 Elm St. This 16,555 s/f downtown office building, situated on 0.117± acres, was sold for $1.2 million, as recorded by the Hillsborough County Registry of Deeds.
Richards of Hay Runner appointed MEREDA president for 2024-2026
August 2, 2024
Portland, ME The Maine Real Estate & Development Association (MEREDA) has appointed Shannon Richards of Hay Runner, to president for 2024-2026.
PROCON breaks ground on Duprey Hospitality’s Arts Alley
August 2, 2024
Concord, NH According to Duprey Hospitality ground has been broken for Arts Alley, a project celebrating the redevelopment of the area adjoining the Bank of New Hampshire Stage on South Main St. Scheduled for completion by April 1, 2025, this PROCON designed and built facility
MAG Capital Partners buys KBS Builders’ 84,800 s/f manufacturing headquarters
August 2, 2024
South Paris, ME MAG Capital Partners purchased an 18.65-acre industrial property in a sale leaseback transaction with KBS Builders, Inc., a wholly-owned subsidiary of Star Equity Holdings.
DeWolfe of Greater Boston Commercial Properties sells 1.35-acre development site for $1.6 million
August 2, 2024
Scarborough, ME Tyler DeWolfe of Greater Boston Commercial Properties, Inc. represented the seller of 2 Ginn Rd. DeWolfe sold the 1.35-acre site for $1.6 million to Atlantic Regional Federal Credit Union which plans to construct a new brick and mortar credit
CORE launches acquisitions division
August 2, 2024
Portland, ME CORE has launched CORE Acquisitions. This expansion builds upon the recent growth of CORE’s brokerage and management divisions and closely follows the company’s recent rebranding announcement.
Malone Commercial lists 28.2 acre industrial land site for development in Kennebunk, ME
August 2, 2024
Kennebunk, ME Along the southern coast of Maine is the quaint town of Kennebunk, located in York County. Kennebunk seamlessly blends natural beauty with economic potential. It’s not just a haven for tourists but also a growing hub for businesses,
Conway of Paul McInnis LLC auctions former
Kings Grant Inn in Gilford, NH for $2.15 million
July 5, 2024
Gilford, NH Auctioneer Justin Conway, CAI of Paul McInnis LLC sold the former Kings Grant Inn at foreclosure auction for $2,150,001. Located at 15 and 16 Kimball Rd., the properties consist of the former inn with multiple rental units on 5.8 acres and an additional 15.21 acres with multiple
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