NAI Norwood Group
116 South River Road
Bedford, NH United States 03110
t+1 603 668 7000 f+1 603 647 4325
NAI Norwood Group
Bedford
Executive Summary

Founded in 1968 by Karl and Louise Norwood, NAI Norwood Group focuses on bringing their clients professional real estate services be it brokerage, consulting, development or outsourcing.

From our two offices, (one in Bedford, based on South River Road, and our office in Portsmouth on Market Street), we are dedicated to providing you with the best service for all of your commercial real estate needs.

With its tremendous local knowledge base and its international presence NAI Norwood Group is committed to assisting the clients with their office, industrial, retail, land or investment needs. The professional team have held numerous leadership positions within the organization. They are Members of S.I.O.R.; C.C.I.M.; C.R.E. as well as New Hampshire C.I.B.O.R. .

Services
Brokerage Services
Industrial, Investment, Land, Office, Owner's Rep, Retail, Tenant Rep
Other Services
Consulting, Corporate Relocation, Corporate Services Group, Lease Administration, Property Valuation, Valuation Services

Latest Blog Posts

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tag:blogger.com,1999:blog-19339474186324008742017-08-15T10:41:39.887-04:00NAI Norwood Group BlogFROM OUR DESK TO YOURS: Your source for commercial real estate news in New Hampshire and around the world.Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.comBlogger145125tag:blogger.com,1999:blog-1933947418632400874.post-14005960239119642612017-08-15T10:41:00.000-04:002017-08-15T10:41:39.925-04:00Investors Buying Office Space in Bedford NH<div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Bedford NH - NAI Norwood Group is pleased to announce two recent office sales in the Bedford NH market. 10 Chestnut Drive is a 13,690+/-sf two story office building off the busy Route 101 corridor comprised of a number of small, local businesses. According to the registry&nbsp; of deeds it sold for $790,000. 116 South River Road Building B was a 7500+/-sf two story, steel framed, brick façade condo that sold in the prestigious Coldstream Office Park at 116 South River Road. According to the registry of deeds it sold for $870,000.</span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-mGqXqpyUUs4/WZMG-s3qdvI/AAAAAAAAApA/ZMCub9uqKfch9v-AATCtQ1qJ4IzLThCWwCK4BGAYYCw/s1600/116%2BSRR%2BBldg%2BB.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="201" src="https://2.bp.blogspot.com/-mGqXqpyUUs4/WZMG-s3qdvI/AAAAAAAAApA/ZMCub9uqKfch9v-AATCtQ1qJ4IzLThCWwCK4BGAYYCw/s320/116%2BSRR%2BBldg%2BB.jpg" width="320" /></a></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"> <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">“It is clear that these sales are a testament that a Bedford business address continues to be highly desirable.” Noted Louise Norwood, Principal at the firm. “With so much new development in town, along with the low interest rates, the demand remains high.”</span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-pjQVBkM668s/WZMHdp5LuHI/AAAAAAAAApI/Qjp6eV-JlSYkuZGrMvFiSbfdreaCMuFbgCK4BGAYYCw/s1600/10%2BChestnut%2BDr.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://3.bp.blogspot.com/-pjQVBkM668s/WZMHdp5LuHI/AAAAAAAAApI/Qjp6eV-JlSYkuZGrMvFiSbfdreaCMuFbgCK4BGAYYCw/s320/10%2BChestnut%2BDr.JPG" width="320" /></a></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">“Both of these assets were sold to investors.” Added Chris Norwood, President of the firm, “With an additional sale of a small condo unit earlier in the summer, this marks our third investment product sale in Bedford in the last 60 days. While the owner occupant market is strong, the proof is here that investors are still seeking sound real estate as diversification to their other investments.”</span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 400+ offices and 7,000+ professionals, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-36383180951210977572017-08-08T11:46:00.000-04:002017-08-08T11:46:35.071-04:00NAI Norwood Group Sells Land in Kittery for One Million Dollars per Acre<div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-QwgNmqbQc4o/WYncX34mBqI/AAAAAAAAAow/b3p1XKfrDhE94GfEyFQMWPh25cQeFVlPQCK4BGAYYCw/s1600/Greg%2BWhalen.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="200" src="https://1.bp.blogspot.com/-QwgNmqbQc4o/WYncX34mBqI/AAAAAAAAAow/b3p1XKfrDhE94GfEyFQMWPh25cQeFVlPQCK4BGAYYCw/s200/Greg%2BWhalen.jpg" width="150" /></a></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;Arial&quot;,sans-serif;"><span style="color: #444444; font-size: large;">Kittery ME – NAI Norwood Group is pleased to announce the sale of 1.96+/- acres located at 275 US Route 1 in Kittery, Maine. The site was the former home of Maine’s original outlet center. Greg Whalen of NAI Norwood Group represented the seller, KTP Shops LLC, in the transaction. It closed on July 27, 2017 in the amount of $1,960,000.<o:p></o:p></span></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-sPtxzoy9ess/WYncEbhXFpI/AAAAAAAAAog/iJVC6loe9m8nZfQ5wF9wv2ADd7PSHQLXwCK4BGAYYCw/s1600/Capture.PNG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="231" src="https://4.bp.blogspot.com/-sPtxzoy9ess/WYncEbhXFpI/AAAAAAAAAog/iJVC6loe9m8nZfQ5wF9wv2ADd7PSHQLXwCK4BGAYYCw/s400/Capture.PNG" width="400" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;Arial&quot;,sans-serif;"><span style="color: #444444; font-size: large;">The site will be the new home of a Hampton Inn and Suites. The 32,000+ retail building currently residing on the site will soon begin the demolition process. This project has been a long time coming. It went under agreement nearly three years ago and has fought a long, hard battle through Maine’s court system. For full details on the site renovation or the court case, please contact Greg Whalen at 603-431-3001 or <a href="mailto:gwhalen@nainorwoodgroup.com">gwhalen@nainorwoodgroup.com</a>. <o:p></o:p></span></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;Arial&quot;,sans-serif;"><span style="color: #444444; font-size: large;"><br /></span></span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-xnEyO-8P2Wk/WYncLNvfGSI/AAAAAAAAAoo/oeJVfDS3orcpVI-UyleOJl9aFpdW6H1sQCK4BGAYYCw/s1600/275%2BUS%2BRT%2B1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="202" src="https://3.bp.blogspot.com/-xnEyO-8P2Wk/WYncLNvfGSI/AAAAAAAAAoo/oeJVfDS3orcpVI-UyleOJl9aFpdW6H1sQCK4BGAYYCw/s400/275%2BUS%2BRT%2B1.jpg" width="400" /></a></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-size: large;"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit </span><a href="http://www.nainorwoodgroup.com/"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">www.nainorwoodgroup.com</span></a><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span></span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-48000233063841153822017-07-05T13:19:00.000-04:002017-07-05T13:19:17.873-04:00JOSEPH MENDOLA OF NAI NORWOOD GROUP SELLS UPTON SELF STORAGE IN UPTON, MA for $4.6M<div class="MsoNormal" style="margin-right: -.25in;"><span style="font-family: &quot;Arial&quot;,sans-serif;"><span style="color: #444444; font-size: large;">UPTON MA - NAI Norwood Group is pleased to announce the sale of Upton Self Storage at 226 Milford Street in Upton, MA. Joseph Mendola, Senior Advisor of NAI Norwood Group represented the seller, Upton Self Storage, LLC, and collaborated with the buyer, a Delaware Limited Liability Company, in this transaction. Mr. Mendola is also the Argus Self Storage Sales Network representative of Northern New England. Upton Self Storage, LLC closed this transaction for $4.6 million.<o:p></o:p></span></span></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="font-family: &quot;Arial&quot;,sans-serif;"><span style="color: #444444; font-size: large;"><br /></span></span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-mvboCgQx_Mk/WV0fHZscNBI/AAAAAAAAAoQ/I2x3KuLkFjUDemrsdKUV9k4y8gRFLBEeQCK4BGAYYCw/s1600/IMG_0107.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://1.bp.blogspot.com/-mvboCgQx_Mk/WV0fHZscNBI/AAAAAAAAAoQ/I2x3KuLkFjUDemrsdKUV9k4y8gRFLBEeQCK4BGAYYCw/s320/IMG_0107.JPG" width="320" /></a></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="font-family: &quot;Arial&quot;,sans-serif;"><span style="color: #444444; font-size: large;">This self-storage facility is a state of the art facility. It has 43,250 SF of rentable square feet and 287 self-storage units. The facility services the Greater Upton-Milford-Hopkinton marketplace.<o:p></o:p></span></span></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><br /><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-size: large;"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 400+ offices and 7000+ professionals, NAI Norwood Group is able to leverage their 48+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit </span><a href="http://www.nainorwoodgroup.com/"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">www.nainorwoodgroup.com</span></a><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span></span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-56119952516979119562017-06-22T11:08:00.000-04:002017-06-22T11:08:20.015-04:00NAI Norwood Group Takes Home 3 CIBOR Awards<div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Manchester NH – NHCIBOR held their 3<sup>rd</sup>annual awards ceremony on Tuesday, June 20<sup>th</sup> to benefit their chairty NHCIBOR Cares. NAI Norwood Group is pleased to announce three award recipients are part of their team. Judy Niles-Simmons and Perry Snow tied with Brian O’Brien for the 2016 Retail Transaction of the Year. Joe Mendola took home the 2016 Investment Transaction of the Year. Congratulations to everyone for their hard work.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Judy Niles-Simmons and Perry Snow have been working on the Center View Plaza project in Manchester, formerly known as Lowe’s. The 100,000+ SF Huse Road building has been subdivided and partially leased. Leases include Chunky’s Cinema and Cowabumga’s. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-NR9obbgG1CY/WUvb0HOWxZI/AAAAAAAAAnw/P8uQZ52Xtbod9E9d3EijRksAVyzF1myAQCK4BGAYYCw/s1600/JudyPerryChunkysPic.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="152" src="https://4.bp.blogspot.com/-NR9obbgG1CY/WUvb0HOWxZI/AAAAAAAAAnw/P8uQZ52Xtbod9E9d3EijRksAVyzF1myAQCK4BGAYYCw/s400/JudyPerryChunkysPic.jpg" width="400" /></a></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Brian O’Brien sold the former Walmart on Keller Street last July. The 118,000+ SF building incited&nbsp;a bidding war. Ultimately&nbsp;it was CarMax that bought the site for just over $11M. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: center;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><a href="http://4.bp.blogspot.com/-6hHsdGGtlOU/WUvb68CTnrI/AAAAAAAAAn4/6BAEODJB_ZAYJ8LKhFYV_x4dgZLn_I33ACK4BGAYYCw/s1600/BrianWalmart.jpg" imageanchor="1"><img border="0" height="110" src="https://4.bp.blogspot.com/-6hHsdGGtlOU/WUvb68CTnrI/AAAAAAAAAn4/6BAEODJB_ZAYJ8LKhFYV_x4dgZLn_I33ACK4BGAYYCw/s400/BrianWalmart.jpg" width="400" /></a></span></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Joe Mendola successfully brokered a transaction between Granite Clover Self-Storage and National Storage Affiliates Trust that consisted of a five property portfolio. The transaction was valued at approximately $28.8 million and consists of approximately 235,000 rentable square feet with approximately 1,900 self-storage units.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: center;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><a href="http://2.bp.blogspot.com/-u_4ojP3xNe0/WUvcDj6GwqI/AAAAAAAAAoA/bRdSDb0IxPEQvjugjZRbNcdh1MSqDl4_QCK4BGAYYCw/s1600/JoeSSPics.jpg" imageanchor="1"><img border="0" height="181" src="https://2.bp.blogspot.com/-u_4ojP3xNe0/WUvcDj6GwqI/AAAAAAAAAoA/bRdSDb0IxPEQvjugjZRbNcdh1MSqDl4_QCK4BGAYYCw/s400/JoeSSPics.jpg" width="400" /></a></span></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">The mission of NHCIBOR Cares (NHCC) is to help assist various organizations and individuals in need during emergency situations.&nbsp; Having been in existence for just a few years, NHCC has contributed to over almost two dozen local and statewide causes on behalf of the members who support the NHCC mission.&nbsp; NHCC also awards a Community Service Award at the NHCIBOR annual dinner.&nbsp; Past recipients include some of the pillars in our industry:&nbsp; Judy Niles-Simmons, Michael Reed and Arthur Sullivan.&nbsp; NHCC Committee membership is open to any Realtor or affiliate of NHCIBOR, and is encouraged. For more information please visit: <a href="https://www.nhcibor.com/advocacy/nhciborcares">https://www.nhcibor.com/advocacy/nhciborcares</a><o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><br /><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 400+ offices and more than 7,000 professionals, NAI Norwood Group is able to leverage their nearly <b>50</b>years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist clients in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-92194386108146777122017-06-20T13:32:00.000-04:002017-06-20T13:32:18.127-04:00JOSEPH MENDOLA OF NAI NORWOOD GROUP SELLS PROFILE SELF STORAGE IN HOOKSETT, NH.<div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood group is pleased to announce the sale of Profile Self Storage at 180 Londonderry Road in Hooksett, NH. Joseph Mendola, Senior Advisor of NAI Norwood Group, represented the seller in this transaction and collaborated with the buyer. Mr. Mendola is also the Argus Self Storage Sales Network representative of Northern New England. Profile Self Storage closed this transaction on June 15, 2017. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/-ytX4IyXJPdU/WUlbbtnbhyI/AAAAAAAAAng/3Wmg0emu8DI0rik2YEBvLp4ubVk4xdmVwCK4BGAYYCw/s1600/Profile%2Bfront%2Bpicture.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><img border="0" height="240" src="https://1.bp.blogspot.com/-ytX4IyXJPdU/WUlbbtnbhyI/AAAAAAAAAng/3Wmg0emu8DI0rik2YEBvLp4ubVk4xdmVwCK4BGAYYCw/s320/Profile%2Bfront%2Bpicture.jpg" width="320" /></span></a></div><div class="separator" style="clear: both; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">This self-storage facility is a state of the art facility. It has 53,950 rentable square feet and 507 self-storage units and it also has a separate lot that is for storing 80 vehicles in phase one of this sale. The property also has a modern office building on the property that houses the self-storage office but also other businesses offices. The facility services the Greater Manchester-Hooksett-Auburn marketplace.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: center;"><br /></div><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 400+ offices and 7,000+ professionals, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b style="font-family: Arial, sans-serif;"><span style="color: #373737;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-22965162907738321922017-06-16T10:53:00.001-04:002017-06-16T10:53:09.931-04:00Millennials are Changing the Face of Commercial Real Estate<div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Everyone is talking about millennials today. Economists, pundits, politicians and business people have all weighed in, as their generation <a href="http://www.pewresearch.org/fact-tank/2015/05/11/millennials-surpass-gen-xers-as-the-largest-generation-in-u-s-labor-force/">became the largest proportion</a> of the overall workforce in 2015.<o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">What effect, if any, is this having on the commercial real estate market?<o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Many of the most significant effects are driven by this generation's dramatically different habits of work, play and travel. From alternative commutes to remote work, any business that employs millennials needs to address these factors and structure their organizations and real estate accordingly.</span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: center;"><img alt="Image result for millennials" height="153" src="https://www.webershandwick.com/images/uploads/millennials-manual.jpg" width="320" /></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><b><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">The rise of telecommuting<o:p></o:p></span></b></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Simply put, millennials love telecommuting and working from home. Deloitte's <a href="https://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/gx-millenial-survey-2016-exec-summary.pdf">2016 Millennial Survey</a> confirmed a few key insights about them:<o:p></o:p></span></div><div class="MsoNormalCxSpMiddle" style="line-height: 107%; margin: 0in 0in 8pt 0.5in; text-align: left; text-indent: -0.25in;"><!--[if !supportLists]--><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">●<span style="font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->43 percent of millennials currently have the ability to work from home.<o:p></o:p></span></div><div class="MsoNormalCxSpMiddle" style="line-height: 107%; margin: 0in 0in 8pt 0.5in; text-align: left; text-indent: -0.25in;"><!--[if !supportLists]--><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">●<span style="font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->75 percent would like to and think it would positively impact their productivity.<o:p></o:p></span></div><div class="MsoNormalCxSpMiddle" style="line-height: 107%; margin: 0in 0in 8pt 0.5in; text-align: left; text-indent: -0.25in;"><!--[if !supportLists]--><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">●<span style="font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->88 percent want the opportunity to work with flexible hours, starting and stopping on their own schedule.<o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">The practical effect of this is a reduced need for office space on any given day. In some cases, employees will share desks or rotate freely through dynamic, open-plan offices. Senior millennials in executive positions are equally enthusiastic about this dynamic - according to Deloitte, 56 percent of those in this category enjoy the ability to work remotely and on a flexible schedule.<o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Moving forward, scaling up an enterprise and hiring new staff won't necessarily obligate a business to acquire the same square footage they might have needed before.&nbsp;</span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><b><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">New priorities for location and lifestyle<o:p></o:p></span></b></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Just because millennials don't prioritize office space the same way, however, doesn't mean that CRE professionals can't market to them effectively. One of the biggest differences between them and previous generations is their decreased willingness to endure long commutes. <o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Millennials just aren't as car-centric as their parents in general - in fact, a <a href="http://www.latimes.com/business/autos/la-fi-hy-millennials-cars-20161223-story.html">study from the University of Michigan showed</a> that only 60 percent of 18-year-olds now hold a driver's license, down from 80 percent in the 1980s. An <a href="http://www.citylab.com/commute/2015/07/the-clearest-explanation-yet-for-why-millennials-are-driving-less/398366/">analysis of millennials' driving habits</a> versus those of Gen X and Gen Y by a professor at the University of North Carolina found that the reasons for this were varied, but a changing - and largely negative - view of cars was responsible for as much as half of the decrease in total driving miles.<o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">As a result, many young people must be willing to compromise in other areas, including the neighborhoods they live in and the size of their houses and apartments. A business that seeks to hire a significant number of millennial employees should take these factors into account.<o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">In addition, increasing use of mass transit changes the favored location for an office significantly. Spaces near major commuting and transport hub may continue to rise in value, while those located farther afield in places where commuting by car is the best option may see demand drop.<o:p></o:p></span><br /><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span><div class="separator" style="clear: both; text-align: center;"><a href="https://4.bp.blogspot.com/-y-mWfpmH69c/WUPwr0qbxvI/AAAAAAAAAnE/7Z_t2L99jnEhgJiyulmizUSQ5iFLIPfKACLcBGAs/s1600/marketing-to-millennials.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="413" data-original-width="620" height="213" src="https://4.bp.blogspot.com/-y-mWfpmH69c/WUPwr0qbxvI/AAAAAAAAAnE/7Z_t2L99jnEhgJiyulmizUSQ5iFLIPfKACLcBGAs/s320/marketing-to-millennials.jpg" width="320" /></a></div><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: center;"></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><b><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">How to tackle these changes<o:p></o:p></span></b></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">It's time to break with some of the conventional wisdom of how to manage partnerships seeking office space and commercial real estate. Increasingly, these businesses will be staffed, managed or even owned by millennial entrepreneurs.<o:p></o:p></span></div><div class="MsoNormal" style="line-height: 107%; margin-bottom: 8pt; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">It's critical to understand your local geography and get a grip on how people are commuting, where they prefer to work and how far they're willing to go. <o:p></o:p></span></div><br /><div class="MsoNormal" style="line-height: 107%; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">The market may be changing in several key areas, but that doesn't mean opportunities are going away - you just need to know where to look.&nbsp;&nbsp;</span></div><div class="MsoNormal" style="line-height: 107%; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;"><br /></span></div><div class="MsoNormal" style="line-height: 107%; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Sarah Carson, Marketing Director</span></div><div class="MsoNormal" style="line-height: 107%; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">scarson@nainorwoodgroup.com&nbsp;</span></div><div class="MsoNormal" style="line-height: 107%; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">NAI Norwood Group&nbsp;</span><span style="color: rgba(0 , 0 , 0 , 0);"><o:p></o:p></span></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-88218614489170136242017-06-13T13:52:00.000-04:002017-06-13T13:52:50.370-04:00NAI Norwood Group Leases Space to Olympia Chimney Supply<div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Manchester NH – NAI Norwood Group is pleased to announce the lease of 17,000+ SF to Olympia Chimney Supply. Aron Brown, of NAI Norwood Group, represented the landlord and Colliers International represented the tenant. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: center;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><a href="http://4.bp.blogspot.com/-kPEpxzhLnWQ/WUAltCv1fUI/AAAAAAAAAmk/NG79uiujOromVFe8izHiUxTg-BIUVbbpwCK4B/s1600/faltindrive_1_lg.jpg" imageanchor="1"><img border="0" height="240" src="https://4.bp.blogspot.com/-kPEpxzhLnWQ/WUAltCv1fUI/AAAAAAAAAmk/NG79uiujOromVFe8izHiUxTg-BIUVbbpwCK4B/s320/faltindrive_1_lg.jpg" width="320" /></a></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Olympia Chimney Supply is now located on Faltin Drive in Manchester in a building that was formerly associated with the OSRAM Sylvania facility. Olympia Chimney Supply Inc. is a leading designer and manufacturer of chimney venting systems, liners and accessories. To read more about their new location in New Hampshire visit their website: <a href="http://www.olympiachimney.com/press-releases">http://www.olympiachimney.com/press-releases</a>. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: center;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><a href="http://4.bp.blogspot.com/-FgR_xxhNj2o/WUAl0ZWofKI/AAAAAAAAAms/pIj-qN4-hTQAn29EBcvzy4vLNTW7Rvj2gCK4B/s1600/Aerial.jpg" imageanchor="1"><img border="0" height="234" src="https://4.bp.blogspot.com/-FgR_xxhNj2o/WUAl0ZWofKI/AAAAAAAAAms/pIj-qN4-hTQAn29EBcvzy4vLNTW7Rvj2gCK4B/s320/Aerial.jpg" width="320" /></a></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-48808110387356837272017-06-12T14:50:00.000-04:002017-06-12T14:50:24.358-04:00NAI Norwood Group Wins CoStar Award<span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Bedford NH - NAI Norwood Group is pleased to receive the CoStar Power Broker Award for being a Top Sales Firm in 2016.</span><br /><br /><div style="text-align: center;"><a href="http://3.bp.blogspot.com/-j-2LUkSmKGQ/WT7hxLumrtI/AAAAAAAAAl8/8unHlXvqSxAS4JTOuverGBCP1SWG2XKxwCK4B/s1600/20170612_144421.jpg" imageanchor="1"><img border="0" height="320" src="https://3.bp.blogspot.com/-j-2LUkSmKGQ/WT7hxLumrtI/AAAAAAAAAl8/8unHlXvqSxAS4JTOuverGBCP1SWG2XKxwCK4B/s320/20170612_144421.jpg" width="272" /></a></div><div style="text-align: left;"><span style="background-color: white;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></span></div><div style="text-align: left;"><span style="background-color: white;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">At the end of each year, CoStar tallies the commercial real estate sales and lease transactions that closed during the previous year to determine the winners of the CoStar Power Broker Awards in each market. These awards are presented to both the firms and individuals who closed the highest transaction volume in commercial property sales and leases in their respective markets throughout the year.</span></span></div><div style="text-align: left;"><span style="background-color: white;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></span></div><div style="text-align: left;"><span style="background-color: white;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Congratulations to all of those that worked so hard last year to achieve this award.</span></span></div><div style="text-align: left;"><span style="background-color: white;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></span></div><div style="text-align: left;"><span style="background-color: white;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">To view all recipients please go to:&nbsp;</span></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">http://costarpowerbrokers.com/power-broker-award-winners/</span></div><div style="text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div style="text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-54341368687318123102017-06-05T13:17:00.003-04:002017-06-05T13:17:27.118-04:00NAI Norwood Group Sells Claremont Self Storage Facility<div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Claremont NH – NAI Norwood Group is pleased to announce the sale of 91 Main Street in Claremont NH, Twin State Leasing and Storage. Joseph Mendola, Senior Advisor from NAI Norwood Group, represented the seller and assisted the buyer in this transaction. Mr. Mendola is also the Argus Self Storage Sales Network representative of Northern New England. According to the Registry of Deeds, the sale was completed on May 25, 2017 in the amount of $2,200,000.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><a href="http://2.bp.blogspot.com/-E2GuAG-C8Xc/WTWRgaSVaAI/AAAAAAAAAls/dL9472WBuKow7myPgtZqvo2AWEezLOQ-ACK4B/s1600/Claremont%2BSS.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="240" src="https://2.bp.blogspot.com/-E2GuAG-C8Xc/WTWRgaSVaAI/AAAAAAAAAls/dL9472WBuKow7myPgtZqvo2AWEezLOQ-ACK4B/s320/Claremont%2BSS.jpg" width="320" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Twin State Leasing and Storage is a conversion of a 5 story mill building in Claremont – the former Bourdon’s building. The 112,000+/- sf building sits on 1.18+/- acres and has 83&nbsp; portable containers for storage as well. There is currently a commercial tenant in the building, and there is room within the building for future expansion of heated self storage space. The property is just off of the main thoroughfare of the City and offers a convenient location for the city’s residents to store their goods.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-78597344838725518882017-05-18T13:36:00.001-04:002017-05-18T13:36:39.947-04:00NAI NORWOOD GROUP SELLS FORMER GRANITE ROSE EVENT CENTER <div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><a href="http://3.bp.blogspot.com/-QCa4cbmklOw/WR3XO9FYlVI/AAAAAAAAAlI/0VjRNdPW3VYio0AF6GeEqVnfiNenmjuBACK4B/s1600/0071.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="132" src="https://3.bp.blogspot.com/-QCa4cbmklOw/WR3XO9FYlVI/AAAAAAAAAlI/0VjRNdPW3VYio0AF6GeEqVnfiNenmjuBACK4B/s200/0071.jpg" width="200" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Hampstead NH – NAI Norwood Group is pleased to announce the sale of the former Granite Rose located at 22 Garland Drive in Hampstead, New Hampshire. The 32,000+ SF event and function center was sold on April 28, 2017 in the amount of $2,400,000 according to the NH Registry of Deeds. Matt Bacon, Pam Lynch, and Karl Norwood, from NAI Norwood Group, represented the seller. Matt Bacon also assisted the buyer.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><a href="http://2.bp.blogspot.com/-X8UBdwXVZC0/WR3a3AVqoiI/AAAAAAAAAlc/J1Q1i9RfUKY63SaISK9uu4gFGI4ZWlPpACK4B/s1600/Matt%2BBacon%2B2017.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://2.bp.blogspot.com/-X8UBdwXVZC0/WR3a3AVqoiI/AAAAAAAAAlc/J1Q1i9RfUKY63SaISK9uu4gFGI4ZWlPpACK4B/s200/Matt%2BBacon%2B2017.jpg" width="153" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">“It was a pleasure working for the former ownership to bring another operator into the Northeastern US market to expand their brand and restore the facility to the functioning beauty that it was once known for,” said Matt Bacon.&nbsp;</span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></span></div><div class="separator" style="clear: both; text-align: center;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><a href="http://2.bp.blogspot.com/-WgxMUoCzAu4/WR3aqGiSEAI/AAAAAAAAAlU/dUytCKh4vR8khBJjvKgiuKxvmLi1QbEwwCK4B/s1600/GP33.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="150" src="https://2.bp.blogspot.com/-WgxMUoCzAu4/WR3aqGiSEAI/AAAAAAAAAlU/dUytCKh4vR8khBJjvKgiuKxvmLi1QbEwwCK4B/s200/GP33.jpg" width="200" /></a></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">One of the challenges in selling this unique property was finding the right buyer. Matt Bacon reached out across the country in search of the perfect fit. The buyer, Z Golf Food &amp; Beverage, provides management for golf course food and beverage and wedding &amp; banquet services. Z-Golf operates a collection of banquet and meeting centers under the Wedgewood Wedding &amp; Banquet Center brand. They have decided to keep the Granite Rose name, and it will become Wedgewood Granite Rose. By combining the nationally recognized Wedgewood name with the locally renowned Granite Rose, the center will be booked and back up and running very soon.</span></div><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><o:p></o:p></span><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 400 offices and over 7,000 professionals, NAI Norwood Group is able to leverage their 48+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-10081932881539166622017-04-24T13:04:00.000-04:002017-04-24T13:05:57.772-04:00NAI Norwood Group Sells Office Condo Building in Bedford<table cellpadding="0" cellspacing="0" class="tr-caption-container" style="clear: left; float: right; margin-bottom: 1em; text-align: center;"><tbody><tr><td style="text-align: center;"><a href="http://4.bp.blogspot.com/-HhvLN2sYPto/WP4vHFib8TI/AAAAAAAAAks/eMMTLxR9kfQ745MaNXBjQ6SIJ1gAFjEagCK4B/s1600/Jeff%2BLessard.png" imageanchor="1" style="font-family: Arial, sans-serif; font-size: x-large; margin-left: auto; margin-right: auto;"><img border="0" height="200" src="https://4.bp.blogspot.com/-HhvLN2sYPto/WP4vHFib8TI/AAAAAAAAAks/eMMTLxR9kfQ745MaNXBjQ6SIJ1gAFjEagCK4B/s200/Jeff%2BLessard.png" width="172" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Jeff Lessard</span></td></tr></tbody></table><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"><span style="color: #444444; font-size: large;">Bedford NH – NAI Norwood Group is pleased to announce the sale of 22 Eastman Drive in Bedford NH. Jeff Lessard and Jay Lee represented the seller of the four unit, 6000+/- SF office condo building. Acording to the Registry of Deeds the transaction was in the amount of $565,000 ($94.16/SF).</span><o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"><span style="color: #444444; font-size: large;"></span></span><br /><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"><span style="color: #444444; font-size: large;"></span></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"><span style="color: #444444; font-size: large;"></span></span><br /><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"><span style="color: #444444; font-size: large;"></span></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"></span><br /><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"></span></div><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="http://1.bp.blogspot.com/-lQRgvD_47xE/WP4vLvRqUuI/AAAAAAAAAk0/NPCY3tduNyYDoToX49JLOCGwwJqsfneDQCK4B/s1600/Jay%2BLee.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="200" src="https://1.bp.blogspot.com/-lQRgvD_47xE/WP4vLvRqUuI/AAAAAAAAAk0/NPCY3tduNyYDoToX49JLOCGwwJqsfneDQCK4B/s200/Jay%2BLee.jpg" width="133" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">Jay Lee</span></td></tr></tbody></table><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;arial&quot; , sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit </span><a href="http://www.nainorwoodgroup.com/" style="font-size: x-large;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;">www.nainorwoodgroup.com</span></a><span style="font-family: &quot;arial&quot; , sans-serif; font-size: large;">. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-family: &quot;arial&quot; , sans-serif; font-size: large;"><br /></span></div><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody><tr><td style="text-align: center;"><a href="http://3.bp.blogspot.com/-E_MiQkBkzxo/WP4uwtw8rPI/AAAAAAAAAkk/wTLX9rJhn8Mg_vDCJmlnqNSodsuEthnLACK4B/s1600/DSC02259.JPG" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="265" src="https://3.bp.blogspot.com/-E_MiQkBkzxo/WP4uwtw8rPI/AAAAAAAAAkk/wTLX9rJhn8Mg_vDCJmlnqNSodsuEthnLACK4B/s400/DSC02259.JPG" width="400" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif;">22 Eastman Drive, Bedford NH</span></td></tr></tbody></table><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="font-size: large;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"></span></span><br /><span style="font-size: large;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;"></span></span></div><div class="separator" style="clear: both; text-align: center;"></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-59013799079757930552017-04-06T14:23:00.000-04:002017-04-06T14:23:16.185-04:00Southern New Hampshire Retail Highlights<div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><span style="line-height: 107%;">Southern New Hampshire Retail Highlights</span></b><i><span style="line-height: 107%;"> Information is accurate as of Q4 2016:<o:p></o:p></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><i><span style="line-height: 107%;"><br /></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Supply: 29.8M Sqft; </span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Down from 29.9M in 2015<o:p></o:p></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Absorption: -366,100 Sqft; </span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Down from 283,300 Sqft in 2015<o:p></o:p></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Vacancy Rate: Increased to 10.5%;</span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"> 2015 vacancy rate was 9.6%<o:p></o:p></span></i></span></div><div class="MsoNormal"><br /></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">City/Town Ranks:&nbsp;&nbsp;#1 Amount of Retail Space- </span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Nashua<o:p></o:p></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;#1 Highest Occupancy-</span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Salem<o:p></o:p></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;#1 Highest Vacancy Rate-</span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Seabrook<o:p></o:p></span></i></span></div><div class="MsoNormal"><br /></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Retailer Expansion by SQUARE FEET: #1-</span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">FitLab Fitness Club (86,400 Sqft.)<o:p></o:p></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Retailer Expansion by NUMBER of STORES: #1-</span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Mattress Firm/FitLab (5+ each)<o:p></o:p></span></i></span></div><div class="MsoNormal"><br /></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Category Expansion by SQUARE FEET: #1-</span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Grocery Stores (+76,300 Sqft)<o:p></o:p></span></i></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">Category Expansion by NUMBER OF STORES: #1</span></i></b><i><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;">- Medical/Dental Services (+6)<o:p></o:p></span></i></span></div><div class="MsoNormal"><b><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><br /></span></span></b></div><div class="MsoNormal"><b><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Summary:&nbsp;</span></span></b></div><div class="MsoNormal"><b><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">&nbsp;&nbsp;&nbsp; <o:p></o:p></span></span></b></div><div class="MsoNormal"><b><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Category&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; %Change<o:p></o:p></span></span></b></div><div class="MsoNormal"><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Total Market Size (Sq ft)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29,830,500&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29,939,900&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; -0.4%<o:p></o:p></span></span></div><div class="MsoNormal"><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Total Number Retail Properties&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0%<o:p></o:p></span></span></div><div class="MsoNormal"><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Total Number Retail Est. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5300&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9%<o:p></o:p></span></span></div><div class="MsoNormal"><br /></div><div class="MsoNormal"><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Retail Store Avg Size&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5600sqft&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5600sqft&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0.0%<o:p></o:p></span></span></div><div class="MsoNormal"><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Total Market Vacancy Sqft&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3,131,800&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,875,100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.9%<o:p></o:p></span></span></div><div class="MsoNormal"><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Vacant Stores&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 779&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.1%<o:p></o:p></span></span></div><div class="MsoNormal"><span style="line-height: 107%; mso-bidi-font-size: 12.0pt;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">Vacancy Rate&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 10.5%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.6%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.3%<o:p></o:p></span></span></div><div class="MsoNormal"><br /></div><span style="line-height: 107%;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;">The vacancy rate in the region increased from 9.6% in 2015 to 10.5% at the end of 2016, falling back to 2014 levels. However two-thirds of the increase in vacant square feet resulted from the closing of four (4) Sports Authority stores totaling 170,200 sq ft. Net absorption for the year was a <b>negative </b>366,100 square feet.</span></span><br /><span style="line-height: 107%;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><br /></span></span><span style="line-height: 107%;"><span style="font-family: Arial, Helvetica, sans-serif;"><span style="color: #444444;">Written by David DeLise, COO, NAI Norwood Group, <a href="mailto:ddelise@nainorwoodgroup.com">ddelise@nainorwoodgroup.com</a></span></span></span>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-60219858119540082782017-03-31T14:10:00.000-04:002017-03-31T14:10:26.594-04:00NAI Norwood Group Unveils New, Improved Website and Company Brand<div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><b>BEDFORD NH –</b>NAI Norwood Group unveils new company branding program and improved website, providing users with service enhancements that will provide clients with greater connectivity and access to information.<o:p></o:p></span></div><div class="MsoNormal"><br /></div><div class="MsoNormal"><a href="http://2.bp.blogspot.com/-kMP51UU4NV4/WN6aj0uqVSI/AAAAAAAAAjg/PMj4agsI70Qtqgx2p2ALatjCy-APdboiwCK4B/s1600/Chris%2BPhoto%2BRetouch1.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://2.bp.blogspot.com/-kMP51UU4NV4/WN6aj0uqVSI/AAAAAAAAAjg/PMj4agsI70Qtqgx2p2ALatjCy-APdboiwCK4B/s200/Chris%2BPhoto%2BRetouch1.jpg" width="198" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">“The website’s enhanced functionality allows users greater accessibility and better navigation,” said NAI Norwood Group’s President, Chris Norwood. “This isn’t just the launch of a new website, it’s the birth of a new brand. We’re still the same company you know and trust, we’ve just updated our look.”<o:p></o:p></span></div><div class="MsoNormal"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal"><br /></div><div class="MsoNormal"><a href="http://3.bp.blogspot.com/-ZciA014-cJ0/WN6apb35FoI/AAAAAAAAAjo/Y3b5d6qa768xLEHHzH9iKCJuKbdZaHiGgCK4B/s1600/Sarah.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="198" src="https://3.bp.blogspot.com/-ZciA014-cJ0/WN6apb35FoI/AAAAAAAAAjo/Y3b5d6qa768xLEHHzH9iKCJuKbdZaHiGgCK4B/s200/Sarah.jpg" width="200" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">The website redesign, and subsequent rebranding, was spearheaded by Sarah Carson, NAI Norwood Group’s Marketing Director. “Repositioning&nbsp;our brand identity is a way to honor the past and embrace the future. Evolving is essential, as the technology platforms change so do our customers.”<span lang="EN-GB"><o:p></o:p></span></span></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Visit the new website at: <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in;"><br /></div><div class="MsoNormal" style="margin-right: -.25in;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">&nbsp;NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, NAI Norwood Group is able to leverage their 49+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-59198667510752920612017-03-15T10:30:00.003-04:002017-03-15T10:30:50.857-04:00NAI Norwood Group Sells State Owned Property in Manchester<div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-size: large;"><span style="font-family: &quot;arial&quot; , sans-serif;">Manchester NH – NAI Norwood Group is pleased to announce the sale of 1234 River Road in Manchester, NH. The 2+/- acre parcel was formerly a State of New Hampshire owned parcel, subdivided off from the Sununu Youth Services Center. It was most recently used as office space for the State. Judy Niles-Simmons and Chris Norwood, both of NAI Norwood Group, represented the seller in this transaction. The buyer was represented by Will Kanteres of Kanteres Real Estate.&nbsp; According to Planning Board meeting minutes, the buyer plans on renovating the space into a religious center for a variety&nbsp;of uses including services, classses, and counseling. The nearly 8,000 SF building sold for $625,500 on February 27</span><sup style="font-family: Arial, sans-serif;">th</sup><span style="font-family: &quot;arial&quot; , sans-serif;"> according to the Registry of Deeds.<o:p></o:p></span></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-size: large;"><span style="font-family: &quot;arial&quot; , sans-serif;"><br /></span></span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-zfGY1vcIpJ0/WMlP01xDnRI/AAAAAAAAAi8/NPs1sB4ZeWUxwe1lfOnj_WbwLMqrvi-AwCK4B/s1600/flyer.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="163" src="https://2.bp.blogspot.com/-zfGY1vcIpJ0/WMlP01xDnRI/AAAAAAAAAi8/NPs1sB4ZeWUxwe1lfOnj_WbwLMqrvi-AwCK4B/s320/flyer.jpg" width="320" /></a></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , sans-serif; font-size: large;">The sale of the former State owned Manchester building is one of several that Judy and Chris have completed over the last few years. They have worked closely with State departments such as the DOT, Administrative Services, and the New Hampshire Employment Security to sell the State’s surplus real estate.</span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-size: large;"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit </span><a href="http://www.nainorwoodgroup.com/"><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;">www.nainorwoodgroup.com</span></a><span style="font-family: &quot;arial&quot; , sans-serif; mso-bidi-font-style: italic;">. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="font-family: &quot;arial&quot; , sans-serif;"><o:p></o:p></span></b></span></div><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><br /></div><br /><div class="MsoNormal" style="margin-right: -0.25in; text-align: center;"><span style="font-family: &quot;arial&quot; , sans-serif;"><span style="color: #444444; font-size: large;"># # #</span><o:p></o:p></span></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-39809908820963801202017-02-28T11:35:00.000-05:002017-02-28T11:35:10.038-05:00Office Space For Sale or Lease - Suitable for Headquarters<div class="" data-block="true" data-editor="emulr" data-offset-key="203kh-0-0" style="background-color: white; color: #1d2129; font-size: 14px;"><div class="_1mf _1mj" data-offset-key="203kh-0-0" style="direction: ltr; position: relative;"><div style="font-family: inherit; white-space: pre-wrap;"><span style="font-family: &quot;helvetica&quot; , &quot;arial&quot; , sans-serif; white-space: normal;">Rare opportunity for a growing corporation to economically purchase its own headquarters with significant room for growth and existing tenants to off set expenses.</span></div><script src="http://nainorwoodgroup.catylist.com/js/listing_widget.jsp?uid=11195649&amp;slots=1&amp;lid=30034870" type="text/javascript"></script> <div style="font-family: inherit; white-space: pre-wrap;"><span style="font-family: &quot;helvetica&quot; , &quot;arial&quot; , sans-serif; white-space: normal;"><br /></span></div><span style="font-family: &quot;helvetica&quot; , &quot;arial&quot; , sans-serif;">This building also has office space for lease. Please contact Brian O'Brien for more information at bobrien@nainorwoodgroup.com or 603-431-3001.</span></div></div>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-21580156878810476762017-02-27T13:55:00.000-05:002017-02-27T13:55:28.565-05:00NTB Builds New Location in Nashua<span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NASHUA NH - NAI Norwood Group is pleased to announce the sale of 1.32+/- acres on Amherst Street in Nashua. NTB (National Tire and Battery) brought in their preferred developer to purchase the site with plans to build a new 7,000+ SF facility. John Hoben of NAI Norwood Group represented the buyer, and &nbsp;Mike Tamposi represented the seller in this transaction. According to the Registry of Deeds the sale closed for $1,172,500.&nbsp;<a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a><script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script></span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Through the NAI Global network,NTB was matched with John Hoben and NAI Norwood Group to assist them in growing their business in New Hampshire. John has been working with them directly for a few years and has completed several successful transactions.</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><div class="MsoNormal" style="margin-right: -0.25in; text-align: left;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif;"><span style="font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a></span><span style="font-size: large;">. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001</span></span><span style="font-family: Arial, sans-serif;">.</span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div><br />Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-38076218514459060942016-12-20T11:06:00.000-05:002016-12-20T11:11:24.103-05:00NAI Norwood Group Sells Multifamily in Manchester<div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><a href="http://1.bp.blogspot.com/--umEnso2Z7A/WFlWPxgSbMI/AAAAAAAAAgs/ozgQYIJIT98VfrnKC-xT3J_4gjlsHyGoQCK4B/s1600/USE%2BAS%2BMAIN%2BPHOTO.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="180" src="https://1.bp.blogspot.com/--umEnso2Z7A/WFlWPxgSbMI/AAAAAAAAAgs/ozgQYIJIT98VfrnKC-xT3J_4gjlsHyGoQCK4B/s320/USE%2BAS%2BMAIN%2BPHOTO.jpg" width="320" /></a><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">Manchester NH – NAI Norwood Group is pleased to announce the sale of a 6-unit multifamily on Dutton Street in Manchester. The 5,000+ SF investment property sold on December 9, 2016 for $360,000 according to the NH Registry of Deeds. Deana Theriault and Mark Dickey represented the seller.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">Deana and Mark worked diligently to sell this property for the former owner as it has been on and off the market, unsold, for a time. Their persistence and expertise proved to be advantageous for both the seller and buyer. The seller owns a large portfolio of properties and is currently using NAI Norwood Group’s services to assist in their sales. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;arial&quot; , sans-serif;"><o:p></o:p></span></b></div><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-78063096782800793302016-12-06T12:26:00.003-05:002016-12-06T12:30:42.536-05:00Commercial Real Estate in the Aftermath of the Election<div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-9xZBqwxIijI/WEb0joenGOI/AAAAAAAAAgY/J-I5cMzoiTMBT2bXfX6K9cepjzDI0CVhACK4B/s1600/Chris%2BPhoto%2BRetouch1.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://2.bp.blogspot.com/-9xZBqwxIijI/WEb0joenGOI/AAAAAAAAAgY/J-I5cMzoiTMBT2bXfX6K9cepjzDI0CVhACK4B/s200/Chris%2BPhoto%2BRetouch1.jpg" width="198" /></a></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">By my count, the 2016 Presidential Election was a mind numbing 596 days and included over 20 different players. We are now down to one President-Elect and a fraction of that time to digest what that means for the United States. Of course the President-Elect was not the only party on the ballot, there were many more down ballot races that narrowed the balance of power in the US Senate and gave the Republicans control of the executive and legislature in Concord. With almost all of our federal election results in New Hampshire being decided by the slimmest of margins with both red and blue victories, I will wager that those reading this article have an equal chance at pleasure and frustration. And while there are many issues that are important in the State and throughout our Country, today’s discussion will focus on issues of concern for real estate, mostly commercial.&nbsp;</span><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">Spoiler alert: No one has a clue what will happen to commercial real estate as a result of this election.&nbsp;</span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">At the top of the ticket there is a New York real estate broker President-Elect Donald Trump. He is a licensed broker, which begs the question: “What would it be like to sit through a continuing education course with him?” but I digress. For someone who has made his mark primarily in land, bricks and mortar, his campaign has been very quiet on anything relating to this sector.&nbsp; The closest we got was in the second presidential debate where carried interest and depreciation were discussed. &nbsp;While this may have been interesting for someone in my shoes, it really did not help us understand what a President Trump may do as far as changing any current taxation laws on the books. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">In Donald Trump’s “Contract with the American Voter”, released in October, he calls for “massive tax reduction and simplification” and the lowering of the business rate from 35% to 15%. This is just one bullet out of twenty-eight and does not expand much further, so we are all guessing on what the details around “simplification” could mean. &nbsp;In a Nov 10, 2016 <i>Forbes</i> article, Chief Economist for the National Association of Realtors described that he believes “trimming mortgage interest deductions [and] reducing property tax deductions”, could be on the table with a Trump presidency. &nbsp;He also added the 1031 Like-Kind Exchange could be a focus, which allows owners to sell and exchange into a larger property, while deferring the taxes that would be owed at that time. I may even add a redesign of capital gains on investment property to this list. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">All of this, in theory, makes sense. &nbsp;Mortgage interest deduction on housing, capital gains shelter on primary homes, capital gain treatment for investors of real estate, keeping 1031 Exchanges as is, if removed could all total up to close to $1 trillion dollars per year to Uncle Sam. &nbsp;However some of the key personnel in both the US House and the US Senate who have been pushing for reform of our tax code have retired. &nbsp;Even if that challenge is overcome, there are plenty of objections from special interest groups, not just real estate that would push back. &nbsp;For federal tax reform, there will be a push from the Republicans to reform. &nbsp;If it comes, I expect: a cap on all deductions for personal returns or elimination of the “stepped up basis” at time of death for a 1031 exchange investment. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">In Concord, it does not appear that there will be a tremendous shake up in the taxation of real estate or commercial real estate holdings. &nbsp;What is of interest to owners and occupants of real estate is the Governor Elect’s energy plan. &nbsp;For a typical office tenant, energy consumption can be around 10% to 20% of their overall occupancy costs. &nbsp;For retail and industrial users, the costs are much higher as the Granite State consistently is in the top 10 highest costs of energy. &nbsp;Chris Sununu’s plan calls for “increasing the availability of baseload power” and in effect increasing the supply to lower the cost. &nbsp;It is not clear if this is the path that will succeed or another option will open up, but it is clear that our elected officials know this is on the minds of commercial real estate owners and users. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">A major theme of the newly elected officials is deregulation. &nbsp;President Elect Trump calls for two regulations to go away for every new one that is created. &nbsp;In real estate speak at a federal level, it means that Republicans are sure to use their new power to change/modified/repeal all or portions of Dodd-Frank to free up lending. &nbsp;The issue is such a priority that it sits in their party platform. &nbsp;The theory behind reform is that this regulation used to reign in the mega banks and was akin to using a sledge hammer on a thumb tack for our local community banks. &nbsp;Some local banks claim to have responded to Dodd-Frank regulation by shrinking their lines of business to avoid more costly regulatory requirements. It is almost certain that the Republicans in Washington will go after Dodd-Frank, what is unclear is how the lenders will respond to the change and will that change lead to more capital for real estate and business development. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">Of more interest to occupants and owners of real estate is what the Federal Reserve will do with interest rates. &nbsp;Even though the increase in rates does not have a linear effect on commercial property value, there is a correlation. &nbsp;While December seems as likely a date as any for a raise to the interest rate, the Federal Reserve is in a no-win scenario, with any action or inaction likely portrayed as a political one. &nbsp;However monetary policy typically likes stability prior to increase of rates. &nbsp;With this election cycle being anything but stable, it would seem a drastic rate hike is unlikely but a steady climb over 2017 will be forth coming. &nbsp;<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">What is clear is that as a result of the consolidation of power of the Republicans in both Concord and Washington, we are likely to see a good amount of action in the first quarter of 2017. But not even Carnac knows what that will eventually mean for the commercial real estate market. </span><o:p></o:p></div><div class="MsoNormal"><br /></div><i><span style="font-family: &quot;calibri&quot; , sans-serif; font-size: 11.0pt; line-height: 107%;">Chris Norwood is a licensed real estate broker at NAI Norwood Group, Inc. a firm that focuses on commercial real estate sales, leasing and consulting. Chris has actively lobbied with the Realtors in Washington DC for the past six years. Chris sits on the Public Policy committee for both the NH Association of Realtors and the NH Commercial Investment Board of Realtors. He also sits on the Government Affairs Committee of the Manchester Chamber of Commerce.</span></i><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-2860543280770327992016-11-29T13:41:00.000-05:002016-11-29T13:43:39.077-05:00NAI Norwood Group Supports The Salvation Army<div class="separator" style="clear: both; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">NAI Norwood Group is pleased to have participated in the Salvation Army's bell ringing at Harvest Market in Bedford, NH. Thank you Jay Lee for corralling the team and getting us involved!</span></div><div class="separator" style="clear: both; text-align: center;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div style="text-align: center;"><iframe allowFullScreen='true' webkitallowfullscreen='true' mozallowfullscreen='true' width='320' height='266' src='https://www.blogger.com/video.g?token=AD6v5dzD-fwsGz3M8Jw-vRWByh2-pFfA4xfrL4frPyozefnITOdoxJWatb3tA1wIBVMQS7e9ML3Jji2517ZEPtb4cA' class='b-hbp-video b-uploaded' FRAMEBORDER='0' /></div><div class="separator" style="clear: both; text-align: center;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="separator" style="clear: both; text-align: left;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;"><br /></span></div><div class="separator" style="clear: both; text-align: left;"><span style="background-color: white;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">The Salvation Army operates 7,546 centers in communities across the United States. These include food distribution, disaster relief, rehabilitation centers, anti-human trafficking efforts, and a wealth of children's programs. Their work is funded through kettle donations, corporate contributions, and the sale of goods donated to our Salvation Army Family Stores. Eighty-two cents of every dollar they spend supports various missions across the country. Visit their website for more information: &nbsp;</span></span><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">http://www.salvationarmyusa.org/</span></div><br /><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-5956879738450598532016-11-28T11:01:00.000-05:002016-11-28T11:01:10.888-05:00NAI Norwood Group Sells Prime Retail Location<div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;"><span style="color: #444444; font-size: large;">Northwood NH – NAI Norwood Group is pleased to announce the sale of a 6,000+ SF retail building in Northwood NH. Deana Theriault with NAI Norwood Group represented the seller, and Debbie Forte of Cocoa Early &amp; Associates represented the buyer in this transaction. According to the Registry of Deeds the sale closed for $290,000.<o:p></o:p></span></span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-OxaJIZ0H9e0/WDxIsoEZLVI/AAAAAAAAAgI/nnRz2SbTHCc432RCYQkFtnqOBq61OAeeACK4B/s1600/7.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://2.bp.blogspot.com/-OxaJIZ0H9e0/WDxIsoEZLVI/AAAAAAAAAgI/nnRz2SbTHCc432RCYQkFtnqOBq61OAeeACK4B/s320/7.jpg" width="320" /></a></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;"><span style="color: #444444; font-size: large;">&nbsp;</span></span><span style="font-family: Arial, sans-serif;"><span style="color: #444444; font-size: large;">The mixed use building sits on 3+ acres directly on highly traveled Route 4. The property will undergo immediate renovations. Formerly home to several car dealerships and granite shops, the property will now become a cabinet store. With large store front windows, ample parking and large showroom this will be an excellent location. Northwood is home&nbsp;</span></span><span style="font-family: Arial, sans-serif;"><span style="color: #444444; font-size: large;">to the historical Antique A</span></span><span style="color: #444444; font-family: Arial, sans-serif; font-size: large;">lley as&nbsp;</span><span style="color: #444444; font-family: Arial, sans-serif; font-size: large;">well as an array of small businesses making this new cabinet store a great fit.</span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444; font-size: large;"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit </span><a href="http://www.nainorwoodgroup.com/"><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">www.nainorwoodgroup.com</span></a><span style="font-family: &quot;Arial&quot;,sans-serif; mso-bidi-font-style: italic;">. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span></span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-19952988186790349582016-11-15T10:14:00.000-05:002016-11-15T10:14:21.793-05:00NAI Norwood Group Leases 9,000+SF in Bedford<div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">Bedford NH – NAI Norwood Group is pleased to announce the lease 9,377+/- SF of industrial/flex space at 21 Commerce Park North in Bedford NH. Chris Norwood and Jeff Lessard represented the landlord. Doug Martin of Colliers International represented the tenant.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444;"><br /></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-V2pu_xbAOno/WCskbIY6oxI/AAAAAAAAAf0/JZ-ecS1icugvFm_rD6jZYAojR4Yn4sZFwCK4B/s1600/image001.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="176" src="https://4.bp.blogspot.com/-V2pu_xbAOno/WCskbIY6oxI/AAAAAAAAAf0/JZ-ecS1icugvFm_rD6jZYAojR4Yn4sZFwCK4B/s320/image001.jpeg" width="320" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">This lease finishes the ground floor releasing of a former blight building that the landlord completely renovated. The asset will be the home for Lyophilization Services of New England as well as the existing tenant Cross Fit Amoskeag. NAI Norwood Group is looking forward to leasing up the remaining flex space on the site.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444;"><br /></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444; font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;arial&quot; , sans-serif;"><o:p></o:p></span></b></div><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com1tag:blogger.com,1999:blog-1933947418632400874.post-22316760939380562392016-09-20T11:30:00.000-04:002016-10-05T13:30:12.685-04:00NAI Norwood Group Sells Land to Bluebird Self Storage<div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><a href="http://3.bp.blogspot.com/-vC9tOowvtFc/V_U4lfwmb6I/AAAAAAAAAfI/Xgd6_H2eVEwRRTIpsug80QG7n4C0FXJIwCK4B/s1600/Bluebird%2BSS%2BPic.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://3.bp.blogspot.com/-vC9tOowvtFc/V_U4lfwmb6I/AAAAAAAAAfI/Xgd6_H2eVEwRRTIpsug80QG7n4C0FXJIwCK4B/s400/Bluebird%2BSS%2BPic.jpg" /></a><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">Hooksett NH – NAI Norwood Group is pleased to announce the sale of 3+ acres in Hooksett to Bluebird Self Storage LLC. Joseph Mendola, Senior Vice-President of NAI Norwood Group represented the Seller and Scott Frankiewicz of Keller Williams of Nahua Represented the buyer in this transaction. The closing price on the land was $725,000 according to the Registry of Deeds.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">Bluebird Self storage is a major developer of self storage in NH. With sites in Greenland and Dover, Bluebird has other self storage projects in Bedford and Manchester, NH. This land acquisition is their newest location in the northern end of Hooksett, NH. It will be about 80,000 gross square feet of space once completed.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="font-family: &quot;arial&quot; , &quot;helvetica&quot; , sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;arial&quot; , sans-serif;"><o:p></o:p></span></b></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div align="center" class="MsoNormal" style="margin-right: -.25in; text-align: center;"><span style="font-family: &quot;arial&quot; , sans-serif;"># # #<o:p></o:p></span></div><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-29384651683237763382016-08-01T09:30:00.000-04:002016-10-05T12:02:03.808-04:00Self Storage - Your next investment?<span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Begun as a niche of multifamily, self-storage has developed its own identity as a highly profitable investment. While many mom-and-pop businesses still operate in the self-storage arena, real estate investment trusts and institutional investors from universities to pension funds to the Blackstone Group are snatching up multiple deals in self-storage facilities, usually for the high end, larger facilities in urban centers.&nbsp;</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">For example, in December 2015, Storage Pros Management sold 37 properties for $242.5 million to a joint venture led by an institutional investment rm. In another mega-deal, Morningstar Properties and Harrison Street Real Estate Capital sold 43 of its self-storage facilities for $315 million to the self-storage REIT Public Storage in October 2013. Annually, $2 billion of transactions in self-storage take place.&nbsp;</span><br /><a href="http://1.bp.blogspot.com/-Qo6-fWEjVtc/V_UjuA5pfmI/AAAAAAAAAe4/T7wcLwJZlQg-iQFBV6Hk1zgD4XSdVCcwgCK4B/s1600/IMG_0018.JPG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="240" src="https://1.bp.blogspot.com/-Qo6-fWEjVtc/V_UjuA5pfmI/AAAAAAAAAe4/T7wcLwJZlQg-iQFBV6Hk1zgD4XSdVCcwgCK4B/s320/IMG_0018.JPG" width="320" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">“Self-storage is the best performing sector of commercial real estate,” says C. William Barnhill, CCIM, owner of Omega Properties in Mobile, Ala. “Whether a CCIM is involved in brokering, building,&nbsp;managing, or owning self-storage facilities, it’s a great business.”&nbsp;</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Since he entered the self-storage marketplace in 1993, Barnhill has managed, brokered, and sold these facilities. Currently, he owns about 3,500 units in the Mobile area and manages the brokerage for self-storage facilities in Alabama, Mississippi, and the panhandle of Florida.&nbsp;</span><br /><b><u><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></u></b><b><u><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Evolving Marketplace&nbsp;</span></u></b><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Self-storage has returned 101 percent to investors from early 2008 to 2011, outperforming all other REIT categories, according to data compiled by Bloomberg. Every year at least 11 million people in the U.S. stash some of their possessions into storage units.&nbsp;</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">“People own a lot of things and inherit things that they don’t want to lose,” Barnhill says. “ rough the years, we have had both population growth and more people learning how to use storage.”&nbsp;</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">For instance, major life events o en involve greater demand for self-storage, such as birth, death, marriage, divorce, building a home, renovating a home, or downsizing a home.&nbsp;</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">“ The self-storage market is constructed like a pyramid with mom-and-pop owners of one to five properties at the bottom half and the top 12 percent is owned by REITs,” says William Brown field, CCIM, CRE, of Brown field &amp; Associates, LLC, in Houston. “In the middle, regional players are building new properties and buying the best mom and-pop properties. They fi x up the properties, standardize them, and may eventually sell them to REITs.” As storage has evolved, many of the facilities have changed from bare-bones, concrete and corrugated aluminum shells into more&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">attractive, climate-controlled facilities with LED lighting, which blend into good neighborhoods&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">and off er tenant insurance.</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is part of the Argus Self Storage Network. Joe Mendola, Senior Advisor, has spent the last two decades&nbsp;immersed in this type of real estate. He would be happy to answer your questions, help you locate an investment, or assist you in divesting assets in your current portfolio.&nbsp;&nbsp;</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">For the full article or more information please contact our offices at: 603-668-7000 or 603-431-3001 or visit us at www.nainorwoodgroup.com.&nbsp;</span><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Content provided by Sara S. Patterson is executive editor of Commercial&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Investment Real Estate.</span><br /><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0tag:blogger.com,1999:blog-1933947418632400874.post-53508078061652783922016-07-28T14:34:00.001-04:002016-07-28T14:34:10.813-04:00Renaissance of Route 101<div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">BEDFORD NH - NAI Norwood Group, Inc. recently hosted a “Route 101 corridor” Open House showcasing the listing inventory of various commercial office and retail properties now available on the strip.&nbsp; The event was held at The Granite State Kitchen facility with Rick Sawyer, Bedford Town Manager, detailing the completed projects and via power point announced the ground breaking of several new businesses coming to the marketplace.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">To set the stage, Rick explained that Bedford has a land mass of some 32.8 square miles with a total inventory of properties assessed at 3.25 billion dollars.&nbsp; Because of the growth pattern spreading out to the Routes 101/114 area, plans are coming to fruition for a five lane traffic expansion from Route 114 to Wallace Road in 2018-2019 with paving improvements from Wallace Road to the Amherst town line.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-W62cDO6yl1o/V5pP8dNNIgI/AAAAAAAAAeg/EDokstubjbAg92r9OEdneZOnX6VfjklqQCK4B/s1600/101.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="264" src="https://3.bp.blogspot.com/-W62cDO6yl1o/V5pP8dNNIgI/AAAAAAAAAeg/EDokstubjbAg92r9OEdneZOnX6VfjklqQCK4B/s640/101.JPG" width="640" /></a></div><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">This Renaissance of Bedford has now jumped from the golden South River Road venue spilling over to Route 101 to keep pace with the commercial demands of the community.&nbsp; Newly added buildings along the corridor are ….<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoListParagraphCxSpFirst" style="mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;"><br /><ul><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">144 Multi Family and Work Force Housing Units</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">The Copper Door</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Bellweather Credit Union</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">CMC Family Medical Center</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Wholistic Pet</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Convenient MD</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Primary Bank</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Members 1</span><sup style="color: #444444; font-family: Arial, Helvetica, sans-serif; text-indent: -0.25in;">st</sup><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Credit Union</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">&nbsp; &nbsp; &nbsp;&nbsp;</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Millennium Running</span></li></ul><!--[if !supportLists]--></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">And coming soon ….<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br /><ul><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">The Bedford Village’s Inn new show stopper “The &nbsp; &nbsp; &nbsp;Bedford Grand Hotel”</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">Komma Veteriarian Clinic</span></li><li><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; font-stretch: normal; text-indent: -0.25in;">M</span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large; text-indent: -0.25in;">urphy’s 22,265 s.f. Tap Room on the site of the former WeatherVane</span></li></ul></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">The event was well attended by local commercial real estate brokers, bankers, state development planners and other interested parties. Bedford is having its greatest RENAISSANCE since the 1980s. Along with this continually growing economy, the medical community has grown exponentially along South River Road not to mention the extraordinary development of the Goffe Mill Plaza and Market and Main projects.&nbsp;</span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div class="MsoNormal" style="text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">We would be happy to provide you with the full e-mail slide presentation upon request along with our full selection of available properties in the Bedford area.</span><o:p></o:p><br /><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;"><br /></span><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Written by Louise Norwood, NAI Norwood Group, louise@nainorwoodgroup.com&nbsp;</span></div><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com1tag:blogger.com,1999:blog-1933947418632400874.post-42775974566603076912016-07-27T12:01:00.000-04:002016-07-27T12:01:05.121-04:00NAI Norwood Group to Represent the Former Granite Rose For Sale<div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><a href="http://1.bp.blogspot.com/-7oKlVQuy7lA/V5jZwSutSRI/AAAAAAAAAeA/anf0m3rvthkjCXaFTus0ocwO4uva8qlWwCK4B/s1600/exterior2.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="150" src="https://1.bp.blogspot.com/-7oKlVQuy7lA/V5jZwSutSRI/AAAAAAAAAeA/anf0m3rvthkjCXaFTus0ocwO4uva8qlWwCK4B/s200/exterior2.jpg" width="200" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">Hampstead NH - NAI Norwood Group is pleased to have been selected to market one of New England's premier event centers, formerly operated as the Granite Rose. The 33,533 square building on 9.46 acres is beautifully designed with high quality finishes, beautifully landscaped grounds, and loads of extras. The location affords easy access to Derry, Manchester, Salem, the seacoast, and Haverhill, MA. The building can be repurposed for many other uses, including winery, brewery, distillery, church, medical facility, school, corporate offices, etc. <o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><a href="http://3.bp.blogspot.com/-AuX_SupoLAQ/V5jZXneyMNI/AAAAAAAAAdw/c2k7-4rX_cYZ3Wn91UwLtLmLacT9wfkCwCK4B/s1600/0071.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="132" src="https://3.bp.blogspot.com/-AuX_SupoLAQ/V5jZXneyMNI/AAAAAAAAAdw/c2k7-4rX_cYZ3Wn91UwLtLmLacT9wfkCwCK4B/s200/0071.jpg" width="200" /></a><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">The C-2-zoned building was attentively planned and built with every amenity possible that one could think of - from the massive professional kitchen tied directly to the loading dock, to the two backup generators and three-story elevator, no expense has been spared.&nbsp;There is separate office space with a professional reception area, 1,200 and 600 amp electric service and parking for at least 130 cars. With an attractive new asking price the possibilities for this property are endless. Please call Pam Lynch at 603-533-9448 or Matt Bacon at 603-724-4554 for a full offering memorandum.<o:p></o:p></span></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-HeAGv1NkBZI/V5jaPfXDaLI/AAAAAAAAAeM/wofiu5lOQqU_coF6GXnIN2uYK_DG9BFSwCK4B/s1600/GP33.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="150" src="https://3.bp.blogspot.com/-HeAGv1NkBZI/V5jaPfXDaLI/AAAAAAAAAeM/wofiu5lOQqU_coF6GXnIN2uYK_DG9BFSwCK4B/s200/GP33.jpg" width="200" /></a></div><div class="MsoNormal" style="margin-right: -.25in; text-align: justify;"><span style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: large;">NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.&nbsp; Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit <a href="http://www.nainorwoodgroup.com/">www.nainorwoodgroup.com</a>. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.</span><b><span style="color: #373737; font-family: &quot;Arial&quot;,sans-serif;"><o:p></o:p></span></b></div><a class="addthis_counter addthis_pill_style" href="http://www.blogger.com/"></a> <script type="text/javascript">var addthis_config = {"data_track_clickback":true}; </script><script src="https://s7.addthis.com/js/250/addthis_widget.js#pubid=ra-4dcaccd12bbef025" type="text/javascript"></script>Norwood Grouphttp://www.blogger.com/profile/17652747194895055603noreply@blogger.com0

NAI Global Directors

NAI Business Director
NAI Coordinator
Sarah Carson
Marketing Director
+1 603 668 7000
scarson@nainorwoodgroup.com
NAI Business Manager
Karl Norwood
Founder/Principal
+1 603 668 7000
karl@nainorwoodgroup.com


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Office Locations

NAI Norwood Group - Bedford

116 South River Road
Bedford NH 03110
United States
Direct Line: +1 603 668 7000
Fax: +1 603 647 4325
Email:cnorwood@nainorwoodgroup.com

NAI Norwood Group - Portsmouth

28 Deer Street
Suite 301
Portsmouth NH 03801
United States
Direct Line: +1 603 431 3001
Fax: +1 603 431 3122
Email:info@nainorwoodgroup.com