People and Property: Real Estate and Construction News From Around NH
NH Cornerstone Awards to be held Jan. 24, Roche reports $181 million in 2022 sales … and more
Bank of New Hampshire recently to contributed $5,000 to NeighborWorks Southern New Hampshire and its HOMEteam program in its work to develop a range of housing options for individuals and families who are at a financial disadvantage.
The NH Home Builders Association’s 35th annual NH Cornerstone Awards will be held this year on Tuesday, Jan. 24, at the Barn at Bull Meadow in Concord. Tickets are $85 a person, and a table of eight costs $640. For more information click here.
Lakes Region Community Developers, Laconia, has been awarded a $20,000 grant from Rural LISC and Clayton Homes to support its healthy housing initiative that helps ensure that its units meet healthy housing standards, in particular 33 of LRCD’s multifamily buildings in Laconia, most of which are 50-to-100-year-old structures with a total of 80 affordable apartments.
The lease of 36,000 square feet at 1 Hampshire Drive in Milford by Morgan Records Management has been announced by Mike Reed of Stebbins Commercial Properties LLC, who represented the landlord, SBJ Real Estate Associates, and Roger Dieker of The Boulos Company, who represented the tenant in the transaction.
Prolman Realty Inc. has been selected by One Main Street Professional Building LLC to market for sale two net leased office buildings to LifeStance Health, located at 1 Main St. and 8 Auburn St. in Nashua. 1 Main Street consists of 8,204 square feet on two floors to be used as counseling space by LifeStance. 8 Auburn Street consists of 2,580 square feet on two levels to be used as administrative and counseling space. LifeStance Heath, based in Scottsdale, Ariz., has some 600 centers in 32 states. Prolman also has been selected by P&P 221 Main LLC to market for lease a street-level retail/commercial space at 221 Main Street, Nashua. The 3,570-square-foot street-level space is close to the Nashua Center for the Arts, which is scheduled to open on April 1.
Roche Realty Group Inc., with offices in Meredith and Laconia, has reported 340 transaction sides and $181 million in sales for the 12 months ending Dec. 31, 2022 – “the highest achievement in our company’s 30-year history,” said Frank Roche, founder of the firm. He said the company averaged $3.5 million in sales volume per week during 2022. The average selling price amounted to $530,656, a 35.5 percent increase over 2021.
The Executive Council has approved the distribution of $18.6 million in grant and loan funds to three drinking and wastewater infrastructure projects in New Hampshire. The money, from the NH Department of Services through American Rescue Plan Act funding as well as the State Drinking Water and Groundwater Trust Fund, Drinking Water State Revolving Fund and the Clean Water State Revolving Fund. The projects being funded are in Hampton, which is receiving a $1.8 million ARPA grant and a Clean Water State Revolving Fund loan of $13.8 million; the Plymouth Village Water and Sewer District, which is receiving a $1.1 million ARPA grant, a $200,000 Drinking Water and Groundwater Trust Fund grant, and two loans totaling $1.23 million; and Whispering Brook Homeowners Association, Bartlett, which is receiving a $60,000 ARPA grant and a Drinking Water State Revolving Fund loan of $240,000.