New Hampshire Business Review - May-16 2014

Torrington Properties has deepened its stake in the state’s commercial/retail real estate market with its purchase of the 300,000-square-foot shopping center in Rochester known as The Ridge. The $51.3 million acquisition from Waterstone Properties includes the retail center adjacent to Route 11, home to Market Basket, a New Hampshire Liquor & Wine Outlet, Marshalls, Old Navy, Starbucks, Stonewall Kitchen, Petco, Famous Footwear, ULTA Beauty, Hobby Lobby, the 110 Grill restaurant and other occupants.

Joshua Greenwald, owner broker of the Greenwald Realty Group, is the new president of the New Hampshire Association of Realtors.

While the median price of a single-family home in New Hampshire declined again in November, don’t assume it’s a trend toward greater affordability. More likely, according to Susan Cole, president of the New Hampshire Association of Realtors (NHAR), it’s because of seasonal trends in this region.