News: Northern New England

Tator of G&E|Coldstream receives LEED AP

Wes Tator of Grubb & Ellis|Coldstream Real Estate Advisors, Inc.'s Portsmouth office has been designated a Leadership in Energy and Environmental Development (LEED) Accredited Professional (AP) by the United States Green Building Council (USGBC). The LEED program of the USGBC provides an independent, third-party certification to buildings that are environmentally responsible and energy efficient. David Choate, principal of G&E|Coldstream said "having a LEED accredited designee on staff allows us to better serve our clients and customers in the ever increasing green business environment." G&E|Coldstream has been on the leading edge of this area of development in New Hampshire with projects like the Londonderry ECO Industrial Park and the SERESC building in Bedford. Tator has been associated with Gru&E|Coldstream for the past seven years practicing commercial real estate brokerage and consulting. He serves on the board of directors of Plan New Hampshire, a non-profit organization supporting development of a quality built environment. In order for a building to achieve LEED certification, it must accumulate at least 26 of a possible 69 points in five categories including site selection, water efficiency, energy efficiency, materials selection and indoor environmental quality. LEED buildings are developed with all of the stakeholders such as ownership, engineering, architecture, construction and financing at the table from the beginning of the project. By working together at the outset, stakeholders are able to use individual strategies, such as green roofs, to solve a variety of problems that cut across different lines like preserving runoff water, cooling the building and reducing hot spots. About Grubb & Ellis Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise. For more information, visit the Company's website at www.grubb-ellis.com. Grubb & Ellis|Coldstream Real Estate Advisors, Inc. Grubb & Ellis|Coldstream Real Estate Advisors, Inc. is an independently owned and operated affiliate of Grubb & Ellis Company with offices in Bedford and Portsmouth, NH and is a full service commercial brokerage, consulting and development firm servicing the office, industrial, retail, investment and land needs of its clients and customers. From New Hampshire and Northern New England, Grubb & Ellis|Coldstream offers Property Solutions Worldwide. For more information, visit the Company's Web site at www.coldstreamre.com
MORE FROM Northern New England
Northern New England

November 2024 NH CIBOR president’s message: 10 tips for commercial real estate investors - by Ethan Ash

While many Realtors will tell you what you need to do in order to sell your residential property at the highest price (clean out the junk, update bathrooms and kitchens, paint, etc.) most people don’t get easy to follow guidance on what to do to help your commercial real estate sale. Other than that advice that I
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.

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

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
The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.