28 August 2019
NHCIBOR, New Hampshire Commercial Investment Board of Realtors
Minutes of Statewide Marketing Session, which occurs the 4th Wednesday of every month Jan-Nov
Second Floor Conference Room, 166 South River Road, Bedford, NH
Marie Bodie with CPManagement was this month’s sponsor and we thank them for the delicious breakfast provided. CP Management provides a comprehensive level of service with over a century of combined experience in various disciplines, including property management, construction management, development, maintenance, and in-house asset management.
Cash Buyers
Lindsey Goodrich with Berkshire Hathaway has a cash buyer looking for retail strip centers anywhere from 10-20k sf. The buyer is willing to spend up to 3 million dollars and the location must have 17,000 cars per day.
Jay Lee with Berkshire Hathaway Verani Realty has a cash buyer looking for up to 60 multi-family units, North of 495 in the Concord area. He also has another cash buyer looking for retail projects, gas stations, and redevelopment projects.
Mike Harrington with Harrington & Company has a cash buyer looking for a collision center. He is looking for 4-5 acres of land in the Manchester to Bedford region.
Ron Perry with Berkshire Hathaway has a cash buyer looking for a current, closed, or used gas station. He is willing to spend up to 5 million dollars and would like to make sure the gas station has at least 20,000 cars per day.
Joe Friedman with Brooks Properties has a cash buyer looking for development land in the I-93 Corridor that can be used for a distribution center. The buyer is looking for 65-75k sf of space.
Listings
Pat McDermott with Arnett Development Group has 50 acres of land available adjacent to a private airport, located in Southwest NH near Keene.
Lindsey Goodrich with Berkshire Hathaway has two different retail locations available for lease on Amherst Street in Nashua, that vary from 1,500-3,000 sf. She also has more retail spaces available in Londonderry. This is located in the Apple Tree mall, which is anchored with Shaw’s grocery store. She has spaces from 2-30k sf.
Anthony Dolan with Dolan Real Estate has a listing for an industrial building out in Lebanon, NH. The building is 18,000 sf with 22 ft ceilings. He has another listing for a Bed & Breakfast that is 9,000 sf, has a conference room, and used to be a wedding facility.
Ron Perry with Berkshire Hathaway has a listing for 2k sf of retail space, located on Second Street in Manchester with 20,000 cars per day.
Joe Friedman with Brooks Properties has a listing available on 4 Northeastern Blvd in Salem, located right off exit 2 on I-93. The listing is 17,500 sf and the lease rate is $17.50 per/sf. This is a large open space office with a kitchenette. Joe also has a few more listings available in Salem, so if you are looking for space in that area he is your guy to speak with!
Louise Norwood with NAI Norwood Group has a listing available on Constitution Drive in Bedford, NH. It is a 17,600 sf commercial building that has medical/office uses. There is ample parking, easy access to major highways, and is valued at $12 per
Haves, Wants, & Affiliates
Michael Farinola with NH Commercial Appraisals (NHCA) is a real estate appraisal company dedicated to providing accurate and affordable commercial real estate appraisals in a professional and timely manner. They are a veteran owned and operated company that strictly does commercial appraisals.
Scott Kingsley with Primary Bank provides commercial, industrial, and residential loans with a lending limit up to 3.7 million. Primary bank has been in business 4 years and they are excited to announce a 3rd office opening soon in Derry, NH. He wanted to thank everyone who helped out with the CIBOR summer-mixer, which was a great event!
Marie Bodi with CPManagement provides a comprehensive level of service with over a century of combined experience in various disciplines, including property management, construction management, development, maintenance, and in-house asset management.
Eric Kizak with SFC Engineering is a Licensed Professional Engineer with over 20 years of experience in structural design and assembling construction documents for the construction, repair, and renovation of a wide variety of building types.
Tad Dziemian with Neighborhood Energy offers energy solutions for industrial and commercial customers. They focus on reduced spending and budget stability. They operate in all deregulated energy markets across New England and New York. Tad is looking to speak with new prospects.
Anne Weidman with JSA Architects wanted to mention that their company specializes in accessibility and universal design. We should also mention that JSA Design sponsors Access Navigators, which is a non-profit organization that focuses on making buildings around New England ADA accessible for all. They visit local businesses with the goal of deterring: Is the entrance accessible? Is there an accessible restroom? Is there parking nearby? This is a great organization and we suggest checking out there website!
Erin Pike with St. Germain Collins is an environmental, EHS compliance and engineering firm specializing in environmental risk management; site investigation, characterization and cleanup; environmental health and safety (EHS) compliance; and civil design, permitting and construction administration.
Marie Degulis with Secondwind Water Systems deals with water quality issues for all types of properties, because water quality matters for all different types of businesses. This is also their company’s 30-year anniversary.
Kathryn Bristol with NewVO Interiors brought up how they are trying to expand and grow their office supply chain. She recommends trying them out because they can give you the best deal available.
Dylan Cruess with TFMoran Engineers provides full service developmental for retail, industrial, energy, office, institutional, and residential properties.
Bill Jean with Fulcrum Associates is a construction management firm based in Amherst, NH that has been building a solid reputation in the construction industry since 1989.
Steve Mangekian with Alpha Building Inspections is looking to speak with lenders about bank draw inspections. Alpha Building Inspections is a 6-inspector company that performs residential inspections all over the state of NH and Southern ME. Also, they perform Commercial Inspections all throughout New England.
Derek Lick with Sulloway & Hollis Counselors at Law is the chair of the Litigation Department. He concentrates his practice in litigation, including providing legal defense to insured parties sued in state and federal courts and representing clients in disputes involving personal injury matters, commercial disputes and disputes involving construction, development and real-estate projects, and construction payment and performance bond claims.
Debra Davis Thum with Bank of New Hampshire is a Commercial Loan Officer and the Vice President of the company. At Bank of New Hampshire, they take the time to understand you, your goals, your current financial situation and your anticipated financial needs. Debra mentioned that along with cash management and commercial loans, she additionally gives lines of credit for equipment, machinery, etc.
Stepfani Croteau and Robert Clarke with Allen & Major Associates is a multi-disciplinary firm specializing in civil and structural engineering, land surveying, environmental consulting, and landscape architecture. Established in 1973, A&M has three offices that provide services throughout the Northeast. With over 40 dedicated engineers, landscape architects, land surveyors, project managers, and support specialists, their team brings a wide range of expertise that comes from decades of experience in both the public and private sectors. It is their commitment of offering consistent, responsive, and reliable service that has kept A&M in business for nearly five decades.
Steve Scheiner with St. Mary’s Bank was established as the first credit union in the nation in Manchester, NH in 1908. St. Mary’s Bank is an inviting and inclusive credit union that strives to create opportunities for individuals, businesses and families in New England.
Amanda Savage with North Branch Construction is a Business Development Manager. She mentioned that they have never failed to meet a contractual deadline. At this time she has no cash buyers, but North Branch is starting a 20 million dollar project in the upcoming months on Elm Street in Manchester. Lastly, in November she brought up the Plan NH Golf outing, in which she and a few other members are on the board. Seek Amanda for more information regarding the golf outing!!!
Dave Fenstermacher and Erik Bednarek with VHB is the Director of Land Development. VHB offers integrated services for land development projects in NH. They offer services such as land surveying, landscape architect, parking and roadway design, along with many other things. Check out their website for more information!
Jeff Boufford with Boyd & Boufford Insurance provides insurance to Southern NH. They specialize in commercial real estate. Jeff was named the CIBOR affiliate of the year!!!
Heather Rowan with Kimball Furniture wanted to bring to our attention a new trend they are seeing in the industry. A lot of companies are trying to create a more residential feeling in commercial spaces, due to the impact of millennial in the workspace. Kimball furniture can help you create a “soft commercial” space, or as they like to call it “sophisticozy”.
Jodie Nazaka with the City Of Manchester is part Plan Manchester. The plan will feature the community’s fresh, new vision for the future of the city. Events and activities throughout the process will offer a range of fun and creative ways to share ideas. Jodie wants to hear your feedback!!!
Ryan Theil with A1 Exterminators offers quality pest control throughout New England since 1953. They offer personalized professional customer service and form a unique partnership with their clients in order to provide you the very best in quality service. Ryan also has a friend who is looking for a 2k sf building in the Stratham area. He is looking to re-open an old deli that he used to own.
Michael Lazzaro with Invictus Spray Foam is located out of Southern, NH. Invictus Spray Foam is the number one source for spray foam insulation solutions in Sothern NH + ME, and Northern Mass. Applicable to both old and new construction, this environmentally-friendly, energy-efficient foam is a great choice for every structure.
Note from Petie Cummins: These Minutes are what I understand people to have said at this meeting. Please contact people referenced to verify and clarify.
Next Meeting is 9:00 – 10:30 am on the 4th Wednesday of the month, 25 September 2019, in the second floor conference room (Matheson Education) of 166 South River Road, Bedford, NH.
https://www.nhcibor.com/events/