Category: Northern New England
Tanguay of SVN Masiello Group sells 22,890 s/f industrial building for $3.5 million
June 7, 2024
Derry, NH Dave Tanguay a senior advisor of SVN The Masiello Group commercial division, organized a 22,890 s/f industrial sale of 6 A St. for $3.5 million. The building has three tenants in place and will be the home of the buyer
Anderson of Malone and Lamontagne and Plourde of Dunham sell 4,091 s/f to Noble Pizzeria & Barbecue...
June 7, 2024
Portland, ME Malone Commercial Brokers (MCB) negotiated the sale of 476 Stevens Ave. to Ryan Carey, founder of Noble Barbecue. Mike Anderson of MCB, Justin Lamontagne and Bryan Plourde of The Dunham Group brokered the transaction.
Daniels and Blais of BHHS Verani sell 11-building portfolio for $7.25 million
June 7, 2024
Concord, NH Berkshire Hathaway HomeServices Verani Realty’s commercial division brokered the sale of 91 units in Concord, Manchester, Wake?eld and North Conway, for $7.25 million on March 12th. The portfolio of properties was sold
Foster of Boulos and Baumann of Compass lease 3,018 s/f to EA Fitness
June 7, 2024
Portland, ME EA Fitness & Performance is relocating to 56 Northport Dr. The new 3,018 s/f space more than doubles the footprint for the personal training studio. Evan Amell started EA Fitness in 2019.
CP Management launches leasing at
The Residences at Hadley Falls
June 7, 2024
Goffstown, NH CP Management celebrated the grand opening of The Residences at Hadley Falls at 15 Factory St. This new multifamily apartment community consists of 99 apartments in three buildings. Two are new construction, one is a renovated mill building
Choate and Bachman of Colliers sell 44,232 s/f
manufacturing/warehouse/distribution building for...
June 7, 2024
Dover, NH Colliers negotiated the recent sale-leaseback of 111 Venture Dr., a 44,232 s/f manufacturing/warehouse/distribution building on 8.03 acres in Enterprise Park, for $5 million according to the Strafford County Registry of Deeds.
May 2024 New Hampshire CIBOR president’s message - by Ethan Ash
May 3, 2024
The median home price in New Hampshire soared to over $500,000 in March 2024, marking a $135,000 increase since 2021, as reported by the Union Leader. While this may seem like good news for homeowners, it has created a barrier for many to afford living in the state,
Downtown Portland office market update - opportunities for either other office users or residential ...
May 3, 2024
Over the past year, the downtown Portland office market has undergone noticeable changes due to the evolving dynamics of the business environment and changing work patterns. One of the most significant shifts has been the increase in the office vacancy rate, rising by 2.8% year-over-year
York County’s real estate boom is offering a diverse range of opportunities for business, resident...
May 3, 2024
York County in Maine is experiencing a significant surge in commercial real estate development, with major projects underway across various sectors, including mixed-use, retail, multi-family, and industrial properties.
Greater Portland office market, like many other cities, is still adjusting to the post-pandemic worl...
May 3, 2024
Outlook: The Greater Portland office market is still adjusting to the post-pandemic world. Although the major headlines from primary markets are scary and fear-mongering, Southern Maine is not poised for the bumpy rides you might see on the news or read
Wright-Ryan spotlights innovation at new 20,000 s/f operations center at 15 Saunders Way, Westbrook,...
May 3, 2024
Westbrook, ME Wright-Ryan shared details surrounding their completed fabrication and field supervision facility at 15 Saunders Way. The facility occupies half of a 40,000 s/f building, one that was constructed by the Wright-Ryan team in partnership
Rich and Anderson of Malone Commercial Brokers sell ODAT Machine and 40,000 s/f office/industrial bu...
May 3, 2024
Gorham, ME Malone Commercial Brokers negotiated the sale of ODAT Machine Inc., including the 40,000 s/f office and industrial building at 20 Sanford Dr. in Gorham Industrial Park. The transaction was brokered by Karen Rich and Mike Anderson of Malone
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