News: Northern New England

Tinkham Realty brokers 4 office/warehouse leases totalling 7,454 s/f

Tinkham Realty, Inc. Commercial Brokers negotiated multiple leases and two sales in southern New Hampshire area. * James Pelletier, DDS of Dracut, Mass. has leased 1,500 s/f of office space at 46 Lowell Rd., Windham. This site serves as his second orthodontics care location. Judy Tinkham represented the lessor, Monomoy Development, LLC and assisted the lessee. * Corporate Cost Control of Londonderry has leased 1,329 s/f of office space at Londonderry Sq. Tinkham represented the lessor Jeannette Sarni Rev. Trust and assisted the lessee. * Reliable Asset Recovery of Londonderry has leased 2,625 s/f of office/warehouse space at 1A Rockingham Rd. in Londonderry. Bill Zolla of the commercial division represented the lessor, Higgins Properties, LLC. * Intelligent Manufacturing Solutions, LLC of Manchester, has leased 2,000 s/f of warehouse space on 23 Londonderry Rd., Londonderry. Zolla represented the lessor, Lional Labonte and assisted the lessee. * Jennifer Morin has purchased a 1,200 s/f free standing office building at 532 Mammoth Rd. in Londonderry. Plans call for conversion of the property for residential use. The sales price according to the Rockingham County Registry of Deeds was $132,600. Dave Fraser of the commercial division represented the seller, Highland Equity, LLC and assisted the buyer. * JTLB, LLC of Sandown has purchased a 1,536 s/f office condo at 1C Commons Dr. in Londonderry. The property will be the main office for Tax Services of Londonderry. The sales price according to the Rockingham Registry of Deeds was $160,000. Dave Fraser of the commercial division represented the seller, Maria Gregoria-Szemplinski.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary