People and Property: Real Estate and Construction News From Around NH
North Branch begins work on Sig Sauer Academy project, Bonnette, Page and Stone chosen for Lakeport project … and more
The sale of 883-885 Second St., Manchester. has been announced by Andrew Robbins of Colliers International’s Manchester office. Robbins represented the seller, and Jay Lee of Berkshire Hathaway Verani represented the buyer, International Car Parts of NH in the transaction. According to the Hillsborough County Registry of Deeds, the two-story, retail 2,604-square-foot building and adjacent 1,849-square-foot single-unit apartment building sold for $475,000.
Al Terry Plumbing & Heating, Hooksett, has hired plumbing and HVAC specialists Daniel Desrosiers, who has 25 years of experience in the HVAC construction industry, and Cody Berthiaume, who has been in the commercial plumbing and HVAC industry for seven years.
Chase Pennoyer, who joined Concord-based Resilient Buildings Group Inc. in 2016, has been promoted to vice president of operations.
Building 6, one of three multi-unit apartment buildings under construction by North Branch Construction in Phase II at the Wallace Farm Apartment Homes community on Bridle Path Lane in Londonderry, has been issued a certificate of occupancy. Units are currently being rented in the newly completed building and tenant move-in has begun. Building 5 was completed in October, and Building 8, the remaining building in Phase 2, remains under construction and is on schedule to be completed this month. Christopher Fokas of Wallace Farm Development is developer of the project.
North Branch also has begun work on a 6,900-square-foot pre-engineered steel building housing a testing and engineering range at the Sig Sauer Academy campus in Epping. Construction is expected to be complete by late spring 2021. Port One Architects of Portsmouth is providing architectural design services, Jones & Beach Engineers, Inc. is providing civil engineering services, and Trexler Engineering is the structural engineer for the project.
The National Rental Home Council has launched KeyedIn, an e-newsletter providing single-family rental home landlords with industry news and expert insights. In addition to legislative updates, KeyedIn provides management tools and investment insights from industry experts, and highlights cutting-edge trends in the single-family rental industry. KeyedIn is now available by subscription through NRHC’s website, free for all single-family rental home owners.
Paugus Properties LLC, owned by developer Scott Everett, has selected Bonnette, Page & Stone Corp.of Laconia to manage construction of the next phase of 1 Elm, the Lakeport revitalization effort. The project will involve demolition of two existing properties at the site and construction of a mixed-use development that will include some retail space, leasable apartments and purchasable condos. Construction will begin early t his year with anticipated completion in 2022. Bonnette, Page & Stone, will work directly with Paugus Properties’ construction project manager, Mike Lokken.
The town of Swanzey has announced that Joseph DiRusso of Swanzey has been hired as its new director of public works. He has been serving as interim director since Glenn Smith resigned from the position in November to take a similar position in Fitzwilliam.
Nicholas Golon of Bedford has become a principal of Bedford-based TFMoran. Golon, who joined TFMoran’s Civil Engineering Department in July 2006, is a licensed Professional Engineer in New Hampshire and Maine.
Merrimack County Savings Bank has purchased $10,000 in tax credits through the New Hampshire Community Development Finance Authority in support of the Currier Museum of Art. The investment contributes to the Currier’s artist-in-residence program, “Artists in the Community, Revitalizing a Manchester Neighborhood,” which includes the purchase of a Victorian house on 647 Beech Street in Manchester to house visiting artists.
Construction will begin shortly on a new 13,000-square-foot NH Liquor & Wine Outlet at 850 Gold St., Manchester, off South Willow Street. It is slated to open by the end of 2021.
Bar Harbor Bank & Trust has opened its new full-service branch at 3 Kilton Rd., Bedford. The 2,236 square foot building was designed by JD Design Associates. Construction was completed by Sullivan Construction.
Mike Reed, president of Stebbins Commercial Properties, has announced the sale of a 35,000-square-foot office/warehouse building at 305 Massabesic St. Reed represented the Seller, Ty-Flot Inc. and assisted the buyer, Tokena Corp. in the transaction. According to the Registry of Deeds, the sale price was $2.6 million.
Also at Stebbins, Tom Dickson has announced the lease of 2,000 square feet at 53 Goffstown Rd., Manchester, to Small Business Computer of New England. Dickson represented the Landlord, Allegiant Trust, and Aron Brown of NAI Norwood assisted the tenant in the transaction. Dickson also was involved in the lease of 7,200 square feet at 35 Londonderry Turnpike, Hooksett, by New Perspectives. He represented the landlord, SNOPL LLC of Portsmouth, and John Jackman of Jackman Commercial Realty Inc. assisted the tenant in the transaction.
NAI Norwood Group has announce the sale of 30 Willand Drive in Somersworth to the city of Dover for $749,900. The 6,720-square-foot office/retail building was formerly owned and occupied by Mr. B’s TaeKwon Do. The city purchased the building to use as a regional emergency overnight walk-in warming center for the area’s homeless as part of a partnership of the cities of Dover, Somersworth and Rochester and Strafford County.