News: Northern New England

Tinkham Rlty. brokers seven leases - 17,414 s/f

Tinkham Realty, Inc. has recently completed multiple leases in southern New Hampshire. Four leases were negotiated at One Corporate Park Dr.  * Joyance Enterprises Co., Ltd. of Taiwan has leased 2,115 s/f. Joyance designs and manufactures desktop cases and industrial rack mount chassis. Judy Tinkham represented the lessor and assisted the lessee. * AMSD Home Services, Inc. dba Benjamin Franklin Plumbing and Heating of Londonderry has leased 2,700 s/f. Doug Hatem represented the lessor. * Hi-Tech Cleaning Services has leased 2,115 s/f. Hi-Tech provides carpet/upholstery cleaning and water damage restoration. Bill Zolla represented the lessor and assisted the lessee. * HealthGoods, LLC has leased 2,115 s/f. Tinkham represented the lessor and assisted the lessee. Mass Wall, LLC leased 2,475 s/f of office/warehouse at Golden Brook Crossing, Lowell Rd., Windham. Mass Wall specializes in metal stud framing and drywall. Tinkham represented the lessor, Monomoy Development, LLC and assisted the lessee. Air Duct Heating leased an 1,820 s/f industrial condo at 195 Robinson Rd. in Hudson. Tinkham represented the lessor, Mr. Handyman, Inc. and assisted the lessee. TRIWire Engineering Solutions, Inc. of Tewksbury, Mass. leased 4,114 s/f at 1 Rebel Rd. in Hudson. Dave Fraser represented the lessor Green Mountain Partners. Tinkham Rlty. is a full service real estate firm servicing all of New Hampshire and northern Mass.
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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
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Columns and Thought Leadership
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. 

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
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.