Commercial Real Estate Award Winners Announced!

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NH Commercial Real Estate Award Winners Announced!!

Many thanks for making the 3rd Annual Commercial Real Estate Awards event a success!  We had a great turnout, a number of highly qualified deals submitted and an incredible response.

This event raises funds that NH CIBOR Cares contributions back to the local New Hampshire community and also helps to raise awareness of the New Hampshire commercial real estate market with the tremendous support of the Union Leader.

We appreciate the sponsors and individuals that make this event possible.  Thank you to all of the sponsors; Union Leader, Alpha Locksmith, Eastern Bank, Devine Millimet, Howe Riley Howe, Optima Bank & Trust, Office Resources/Knoll, Colliers International, Lake Sunapee Bank, Boyd & Boufford Insurance, St. Mary’s Bank and Fulcrum Associates.

We would also like to thank the Board of Directors for NH CIBOR Cares and NH CIBOR and the CIBOR community.  Without your support and participation, this event would not be possible.

Congratulations to all the honorees.  This clearly shows the strength of the NH commercial real estate community.  Many of these deals would not have been possible without the experience and knowledge of these individuals.

DeStefano & Barrett Legacy Award Recipient:  Mike Reed, Stebbins Commercial Properties

Deal of the Year:
Sue Ann Johnson, Tom Farrelly and Denis Dancoes, Cushman Wakefield for 12 Continental Drive in Exeter, NH.  This was a 106,280 SF build to suit lease for Gourmet Gift Baskets with a deal value of $23,600,000.

Medical Deal: 
Bob Rohrer and Doug Martin, Colliers International:  Leases totaling 28,925 SF at 160 South River Road in Bedford, NH to Catholic Medical Center and Derry Medical Center with combined value at $9,000,000.

Office Deal (2 Honorees): 
Bob Rohrer and Doug Martin, Colliers International:  Lease of 17,173 SF at 25 Constitution Drive in Bedford to Sunrise Labs with value of $2,600,000

Sue Ann Johnson, Tom Farrelly and Denis Dancoes, Cushman Wakefield:  Lease of 23,000 SF at 6 Bedford Farms Road in Bedford to blackbaud with value of $3,500,000

Retail Deal (2 Honorees):
Judy Niles-Simmons and Perry Snow, NAI Norwood Group:  Sale of 140,000 SF Lowe’s building in Manchester, NH for $7,950,000

Brian O’Brien, NAI Norwood Group:  Sale of 118,000 SF Walmart building in Manchester, NH for $11,050,000

Development Deal
David Choate, Colliers International:  Sale of 181 Silver Street in Dover, NH with 19.46 acres, re-design of Route 16 intersection and roundabout for $3,175,000

Investment Deal:
Joe Mendola, NAI Norwood Group:  Sale of 5 self-storage facilities totaling 235,000 rentable SF for $28,800,000.

Industrial Deal (2 Honorees):
Bob Rohrer, Colliers International:  Sale of 20 Executive Drive in Hudson, NH with 75,288 SF for $4,000,000

Sue Ann Johnson, Tom Farrelly and Denis Dancoes, Cushman Wakefield:  Sale of 248-254 Sheep Davis Road in Concord, NH with 50,000 SF for $3,375,000

Again, on behalf of the NH CIBOR Cares Board of Directors, many thanks for the support and participation to make this event a success.

Regards,

Adam Johnston
President, NHCIBOR Cares

Optima Bank & Trust
99 South River Road
Bedford, NH 03110
Direct  (603) 488-6022
Mobile  (603) 498-9073
ajohnston@optimabank.com

OptimaBank.com

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