NH office construction pipeline runs thin

The amount of available office space in New Hampshire is shrinking and becoming more expensive to lease due to a lack of new construction and higher demand that is still trying to find its footing post-COVID. The office vacancy rate statewide fell to 10.3% in the third quarter, down 3.1% from a year ago, and average asking rent rose to $22.28, up 1.7% from a year ago, according to a Colliers study.

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BAE signs pact with War Department to increase production of laser-guidance kits

The Hudson campus of BAE Systems was the setting for the signing of a multiyear agreement with the U.S. Department of War to increase production capacity of the company’s APKWS laser-guidance kits up to 35,000 units per year. The kits, which transform unguided 2.75-inch rockets into precision-guided munitions, are used by the Air Force, Army, Marine Corps and Navy, and are available to U.S. allies.

Manchester property values jump nearly 50%

The value of all property in Manchester increased by almost half — 48% ‑ over the past five years, according to preliminary data released by city officials on Oct. 13 The valuations, compiled due to a citywide revaluation, add up to $23.09 billion. The current value of city properties is $15.56 billion, which was based on assessments made during the city's last revaluation.

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