White River Junction, VT James Ward, broker for Equity Group Realtors represented the seller and assisted the buyer in the sale of the former Greyhound bus maintenance facility on 44 Sykes Ave.
According to public records the seller was Greyhound Lines, Inc. and sold to WJ Warehouse LLC for $452,000 on March 1. The buyer will use the facility for warehousing and distribution of imported and domestic goods. The property is located at the intersection of I-91 and I-89. The building is 10,000 s/f on one acre. It features: high bay, drive thru doors, good visibility, sprinklers, and compressed air, and fully fenced.
Over the last few years Sykes Ave. has seen several major developments of auto dealers.
James Ward has been selling New Hamphsire property in the Upper Valley for over 20 years. Areas of experience range the full spectrum of commercial property from development sites, retail sites, restaurants, timber land, etc. The Equity Group Real Estate, Inc. is a commercial Broker firm now located in Portsmouth NH and licensed in NH & VT.
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.
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.