Claremont property management firm plans big expansion
National Field Representatives to add 20,000 square feet in consolidation of facilities
Property management firm National Field Representatives has unveiled plans to consolidate its three offices into a single 35,000-square-foot facility in Claremont.
The company received approval from the Claremont Planning Board to expand its 15,000-square-foot Maple Avenue location by 20,000 square feet.
The $35 million, two-story addition is expected to be completed by next July. Groundbreaking is planned for November/.
NFR, which has been in Claremont since 1991, works with residential mortgage lenders around the country, providing provide inspection, security, repair and maintenance services at properties in foreclosure.
According to the Valley News, NFR has about 200 employees, but the will have the capacity for about 300.
Among those working on the project are SMP Architecture of Concord and M&W Soils Engineering of Charlestown.