Real Estate and Construction News Rundown
Brady Sullivan closes on Colony Mill, Pinard buys Raymond facility … and more
Brady Sullivan Properties has closed on the Colony Mill Marketplace and Center at Keene, both in Keene.
The company said it plans on improving signage, rebuilding sidewalks, updating landscaping and parking and bringing in new businesses to occupy available spaces. Charles Panasis, director of commercial real estate, and Benjamin Kelley, associate broker, will be onsite on a regular basis, overseeing the re-development and working on leasing activities.
Some 26.8 acres of industrial land in Raymond, including a 8,900-square-foot high-bay concrete building and kiln, has been acquired by Group Pinard LLC, for use by Pinard Waste Systems. The site was most recently used as a consumer propane distribution facility.
David Choate and Andrew Ward of Colliers International’s Portsmouth office represented the seller, Field Leasing, and facilitated the transaction for the Buyer, Group Pinard, LLC. The site was most recently used as a consumer propane distribution facility.
According to the Rockingham County Registry of Deeds, the property sold for $450,000.
New Hampshire-based nonprofits engaged in affordable housing activities may be eligible for grant funding through New Hampshire Housing’s Emerging Opportunities Program. The program encourages and supports innovative new initiatives in affordable housing, and is now accepting applications.
Initiatives must be directly related to an improvement in an organization’s structure, leading to long-term sustainability of the organization, a substantial expansion of existing services, or the addition of new services.
Deadline for applications is Friday, April 16.
For more information, visit http://www.nhhfa.org under the “What’s New” section.
Rockingham Golf Course LLC has purchased the Rockingham Country Club golf course in Newmarket for $1.6 million.
The new owner plans to continue operation of the golf course and build a single-family residential development on the undeveloped land portion of the property.
Kent White of CBRE|Portsmouth represented the sellers in this transaction.
White also joined with Brad Crosley of Jones Lang LaSalle in representing the tenant in Peak-Ryzek Inc.’s lease of 21,500-square-foot of office and warehouse space in Dover.
Peak-Ryzex, Inc. operates as a systems integrator of supply chain automation and inventory management solutions and services in North America and Europe.
A 4,000-square foot building Portsmouth Avenue in Exeter has been acquired by Cross Realty LLC. John Mueller of NAI Norwood Group, represented Cross Realty, which will operate Cross Insurance in the new location. Jean Kane of The Kane Company represented the seller. Plans call for a move-in date of mid-May.
The Northern New England Chapter of the Society for Marketing Professional Services will present a panel of certified professionals discussing the value of certification for marketers in the fields of architecture, engineering and construction. The panel will discuss the importance of certification in their fields along with insights and advice on what may be best for others in their careers.
The event will be held from 3:30 to 5:30 p.m. Tuesday, March 25, at the Exeter Inn, 90 Front St., Exeter.
Cost is $25 for SMPS and APMP members and $40 for non-members.
For more information, visit smpsmaine.org/smps.
