People and Property: Real Estate and Construction News From Around NH

Stebbins Commercial Properties sells Chestnut Street multi-tenant building in Manchester

Mike Reed, president of Stebbins Commercial Properties LLC, recently announced the sale of the 38,000-square-foot, multi-tenant building at 351 Chestnut Street, Manchester, NH, from 351 Chestnut Street LLC (Candia, NH) to Lincoln Capital (Santa Monica, Calif.).

Mike Reed of Stebbins Commercial Properties LLC represented the seller, 351 Chestnut Street LLC, and assisted the buyer in this transaction.

According to the Registry of Deeds, the sale price was $3,687,500.

WORK Lakes Region co-working and event studio now open

Jodie Gallant, founder of WORK Lakes Region and owner and business strategist/coach of JMG Business Strategies

Jodie Gallant, founder of WORK Lakes Region and owner and business strategist/coach of JMG Business Strategies, announced that WORK Lakes Region is now open at 51 Elm Street in the Lakeport region of Laconia. While memberships and space reservations have been available for booking since early October, WORK officially opened its doors Monday, October 23.

WORK Lakes Region is located in Lakeport at 51 Elm Street on the Railroad Ave. side, in the newest Paugus Properties Development to enhance Lakeport and the Greater Laconia–Lakes Region community.

Gallant comments, “It’s been a long road to get here, but we are thrilled to have finally opened our doors to business owners, leaders, remote professionals, and more who are looking for a great spot to focus on their work and find community connection.”

WORK Lakes Region is a membership-based co-working space offering full- and part-time memberships with opportunities for 1-3 person private, longer use offices, hot/flex desks and offices, dedicated desks, and several meeting and event spaces to choose from for groups of three to 100.

WORK Lakes Region is a community-based solution with exclusive amenities for members like unlimited high-speed internet, mail solutions, Google My Business Official Address allocations, community connection events and more.

Additional programming for leadership, business and personal development will also be added by Business Coach and Brand Strategist Jodie Gallant and her team at JMG Business Strategies.

TFMoran new project and hire

TFMoran provided structural engineering services for the new clubhouse at Pembroke Pines Country Club in Pembroke, NH. The building has 3 floors, the lower level houses golf carts, men’s and women’s locker rooms, and a pro shop. A pub/restaurant, golf simulators, a function area and patio spaces are located on the first floor. A bridal suite and function offices are on the second floor.

Pembroke Pines Country Club (courtesy photo)

Construction of the clubhouse is near completion with the final interior elements being put in place and wrapping up on the surrounding landscaping. It is expected to be completed in spring of 2024.

TFMoran worked with Gavin & Sullivan Architects on the project.

Jeff Lessard

In addition, TFMoran has also hired Jeff Lessard as a CAD technician in the Bedford office.

Lessard has over 24 years of experience in AutoCAD design in support of survey, engineering, land planning and development. Mr. Lessard earned his Certificate of Electrical Technology from Manchester Community College and his AutoCAD Certificate from the University of New Hampshire.

In his new position, Lessard will be working closely with engineers, landscape architects, and surveyors to provide support in the design of commercial and residential developments and subdivisions.

PC Construction wins national award

PC Construction accepted a national award from the Construction Management Association of America (CMAA) for One Spruce Peak, a residential mountain retreat at the base of Stowe, Vermont’s popular Spruce Peak ski resort.

This marks the second national award and the fourth major recognition for the project, which was completed in 2022. The $46.5 million, six-story, 125,000-square-foot facility includes 27 ski-in/ski-out residences, townhomes and penthouses. Units feature in-residence elevators, spacious balconies with mountain views, sweeping floor-to-ceiling windows, and best-in-class materials and finishes.

“We are grateful to CMAA for recognizing our work, and to Spruce Peak Realty, the project owner, for their strong and ongoing partnership,” said PC President and CEO Matt Cooke. “This project shows how a team’s creativity, agility and determination can overcome even the biggest challenges.”  

PC’s team of project management staff, craftworkers, and more than 400 trade partner workers collaborated on an unconventional phased-delivery approach that challenged construction logistics and methods. In addition, ongoing supply chain and manpower shortages required PC to identify and create alternative solutions to ensure an on-time delivery. 

One Spruce Peak has also won a national Construction Risk Partners Build America Award from AGC America, a regional Project Achievement Award from CMAA New England, and a state Best Builders Award from AGC Vermont.

Upon One Spruce Peak’s completion, PC Construction was also selected to build the resort’s next development, a $76.4 million project including the four-story Treehouse at Spruce Peak and a parking garage. Work on that project is currently in progress, with estimated completion in spring 2024.