News: Northern New England

The Fini Real Estate Group facilitates 12 sales totaling $12.161 million

The Fini Real Estate Group has facilitated the sale of 12 net-leased restaurant properties in Northern New England. The restaurants are all occupied by Pizza Huts on long-term leases and located in primary retail corridors within the communities they serve. Tom Fini coordinated the New Hampshire properties and Frank O'Connor of the NAI Dunham Group administrated the 4 Maine properties that were part of the portfolio. STORE Capital, Scottsdale, Arizona and Martin Management Associates, Manchester, N.H. were the buyers. Both are investors of net-leased investment properties. STORE Capital is a leader in middle market net-lease solutions. STORE's mission is to address the long-term capital needs of real estate intensive operating businesses throughout the United States, providing tailored real estate lease and mortgage financing solutions. Martin's Management Associates, LLC is a privately held New Hampshire based company that invests in net leased, credit tenant occupied properties throughout northern New England. The aggregate sale of the properties was $12.161 million.
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PROCON and Hitchiner break ground on 57,000 s/f shared services operations facility

Milford, NH Hitchiner, in partnership with PROCON’s integrated design and construction team, has officially broken ground on a new 57,000 s/f shared services operations facility at its Elm St. campus. This building will house value-added services used across Hitchiner’s various business units,
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