25 September 2019
NHCIBOR, New Hampshire Commercial Investment Board of Realtors
Minutes of Statewide Marketing Session, which occurs the 4th Wednesday of every month.
Matheseon Education Second Floor Conference Room, 166 South River Road, Bedford, NH
Steve Mangekian and Petie Cummins with Alpha Building Inspections were this months breakfast sponsor. They are currently a 7-inspector company that provides residential inspections all over the state of New Hampshire and Southern Maine. Additionally, they perform commercial inspections all over the New England area. Alpha Building Inspections would like to work with as many new agents and vendors as possible!! From now until November 1st if you have yet to work with them and choose to schedule an inspection, mention the code “new realtor coupon” to receive $50 off your first inspection!!
Cash Buyers
Lindsey Goodrich with Berkshire Hathaway has a cash buyer looking for 5+ acres of land to use for a car dealership. The buyer is looking in the Derry, NH area and is willing to spend up to 3 million dollars.
Bill Jean with Fulcrum Associates has a cash buyer looking for a 15-25k sf building/site that can be used for redevelopment. The buyer is looking within a 5-mile radius of Epping, NH.
Joe Friedman with Brooks Properties has a cash buyer looking for land/site on the I-93 corridor to be used as an industrial flex. The buyer is looking for anywhere between 50-200k sf.
Jess Hepler with William & Reeves has a cash buyer looking for a bank pad site with a drive-thru in Nashua, Salem, and Concord.
Fred Richards with Better Homes and Gardens has a couple different cash buyers looking for self-storage facilities, 20+ multifamily unit complexes, and strip mall centers in Bedford, NH. Also, he has a cash buyer looking for 25k sf of office space and is willing to spend up to half a million dollars.
Jay Lee with Berkshire Hathaway Verani Realty has a cash buyer looking for 1-acre of land to be used for a redevelopment site.
Chris Pascucci with Masiello Commercial has a Church Group looking to purchase a 5-10k sf building around Concord. The budget isn’t the main issue with them, but they want the right location and no longer want to lease space but rather purchase a building.
Listings
Joe Friedman with Brooks Properties has a listing for a 50,000 sf flex space/free-standing building in Hudson, NH. It is conveniently located near Exit #2 off of Route 3. This is a multi-purpose building that has been used as office, manufacturing, and medical space. He mentioned a price reduction, which is now 3.7 million. 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 few listings available. The first is 4,800 sf of office space on Cedarwood Drive in Bedford. This space has ample parking, performance zoning, and a prime location. The lease rate is $17.50 PSF Modified Gross. The second listing is for 2,800 sf of office space on South River Road in Bedford. This space is perfect for office and medical use, has ample parking, and easy access to major highways. The lease rate is $13.50 PSF, NNN. Her final listing is 2,500 sf of retail space on Wallace Road in Bedford. This space is 3.7 miles to RTE 114, has ample parking, and can be used for various different businesses. The lease rate is $18 PSF, NNN.
Ron Perry with Berkshire Hathaway has a listing for 3k sf of retail space, located on 591 Second Street in Manchester with 20,000 cars per day. He also has a few vacant listings in Londonderry, which are part of a big shopping mall.
Laura Nesmith with Colliers International has a few listings available. The first is 2,120 sf of retail space on Pinard Street in Goffstown, NH. This space is valued at $310,000 with 9-12 parking spots, commercial zoned, and has municipal sewer/water along with natural gas. The other listing is for 5,200 sf of highly visible retail/office space on Ridgewood Road, Bedford, NH. This space is $18.00 PSF Modified Gross. This property has plenty of parking, located close to major highways, and has great visibility.
Andrew Robbins with Colliers International has a listing for a two-story, 3,878 sf standalone general industrial building located in Hudson, NH. This building has a private bathroom, second floor offices, and 2 drive-in doors. The lease rate is $7.95 PSF, NNN. The other listing is for a highly visible retail pad site in Manchester, NH. This space has 20,000 vehicles per day, located 2 miles away from SNHU, and close to I-93.
Jess Hepler with William & Reeves has a listing for a car wash in Nashua, which is on 1-acre of land and a 3,800 sf building.
Jay Lee with Berkshire Hathaway Verani Realty has a listing for a 12,000 sf building of retail space located in Nashua, NH. He additionally has 12,500 sf of office space available on the second floor of the Berkshire Hathaway Bedford Office, which is located right across the street from the Bedford CIBOR location.
Chris Pascucci with Masiello Commercial has listing for a former gas station on 116 Nashua Street, Milford, NH. The gross building area is 2,236 sf and the building itself is 1,248 sf. This space has great visibility, 15,000 vehicles per day, and is valued at $315,000. The other listing he has is for a l.3 acre corner lot, currently a house with a large garage/shop and one smaller garage/shop. The building/unit size is 2,816 sf and valued at $359,000.
Kimberly Matson with Better Homes and Gardens is a licensed realtor in MA, NH, and ME. Her first listing is for a 6,390 sf commercial building in the heart of Claremont, NH. You can’t find a better location than this in Claremont and has a traffic count of 22,000 cars per day. It is valued at $394,000. The second listing is for a 6,554 sf commercial building in Swanzey, NH. This is a 3 story commercial building that is available for the first time in decades. It has a high traffic count and located just south of Keene, and is valued at $350,000.
Haves, Wants, & Affiliates
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.
Kelly Beaudoin with HUB International create shareholder value and grow profitably by delivering unmatched service, expertise and insurance solutions to people and businesses. She is also looking for someone to perform an asset assessment for an 82-unit condo association in Dover.
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.
Paul Landwehr with ADT is a special promotions representative. ADT provides security systems for your home and businesses to make sure you are protected at all times. Paul came with plenty of jokes, which makes sense considering he is also a comedian! Check out both his business page and his comedy website!
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.
Marilyn Charbonneau with NBT Bank is a Business Development Officer. NBT Bank operates through a network of 150 banking locations with offices in NY, PA, VT, MA, NH, and ME. They know their customers, communities and the people in them and are proud to be partners helping them reach their goal.
Murray Beaulieu with Boosted Profits offers tax remediation services. Murray is passionate about helping CPAs find more revenue from existing clients without spending additional time or resources. He works with top accounting firms who are frustrated with the commoditization of the industry.
Peter Hoekstra with Peniel Environmental is part of the business development team. They provide services such as water & storm damage, fire & smoke damage, and mold removal all across New England.
Richard Goulet with Berkshire Hathaway Verani Realty is an Advisor in the Commercial Division. He has been attending CIBOR meetings for a few months now and has enjoyed meeting new people!
Dylan Cruess with TFM Engineers provides full service developmental for retail, industrial, energy, office, institutional, and residential properties.
Dave Fenstermacher 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!
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”.
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.
Vince Chestnut with Alpha Locksmith brings professional security to your home or business. He showed off his new door locks, which don’t require any keys!!
Marie Degulis with Secondwind Water Systems was founded in 1989 Secondwind Water Solutions is a full-service water treatment company, providing solutions for homes, businesses, schools and communities throughout New Hampshire, southern Maine, Vermont and Massachusetts.
Brian Hansen with Team Engineering provide comprehensive building inspections and engineering services for homeowners and property developers. They can address all of your buildings’ structural, efficiency, safety and compliance needs!
Paul Alfano and Michelle Dreselly with Allobar Strategies provide unparalleled personalized real estate tax consulting services to a broad range of commercial clients in NH, MA, and CT. With over 30 years of experience, Allobar is ready to serve as your property tax advisor!
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!!!
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.
Jill Kyle is a Certified Professional Photographer that provides architecture, real estate and portrait photography. Jill mentioned that she also is a licensed Drone operator. With the beautiful fall foliage this would be a perfect time to do aerial shots of properties using the drone. Check out her website for more information!
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. Also she mentioned that they are starting a new project down in Manhattan, NY, which speaks volumes about their company. They might be a small business but they can still give you the best services and deals around. It was still cheaper for a company down in NY to use NewVo Interiors with transportation and housing costs included in the budget, rather than use someone closer to NY.
Marie Bodi with 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.
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 wanted to bring to everyone’s attention the Business Summit!!!! This takes place on November 7th from 5-7:30 PM at the Newmarket Mill Space for Art (55 Main Street, Newmarket, NH). Bring questions, problems, and business needs to talk to the professional of your choice!
Ben Brown with Landry/French Construction strives to provide an environment where their employees flourish. They pride themselves on Passion, Integrity, Accountability, and Safety.
Steve Mangekian with Alpha Building Inspections is looking to speak with lenders about bank draw inspections. Alpha Building Inspections is a 7-inspector company that performs residential inspections all over the state of NH and Southern ME. Also, they perform Commercial Inspections all throughout New England.
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.
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.
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, 24 October 2019, in the second floor conference room of 168 South River Road, Bedford, NH.
NHCIBOR Website Calendar of Events