20 April 2018
NHCIBOR, New Hampshire Commercial Investment Board of Realtors
Minutes of Seacoast Marketing Session which occurs every third Wednesday of every month.
Third Floor Conference Room ,One New Hampshire Avenue
Pease International Tradeport, Portsmouth, NH
Thank you to Two International Group for providing this meeting space!
Peter Hoekstra with Peniel Environmental was the breakfast sponsor. Peter is celebrating one year of being their business development director. Peter spends his days talking, driving, and eating and is happy to do so with you. Peniel is an environmental restoration company helping with hazardous materials that have been around for a while or cleaning up chaos from events of weather not so favorable. Peter is making a newsletter that will go out weekly. Let him know if you would like to be updated on their cleaning capabilities of your scary building scenes.
Cash Buyers
Tony Fallon with Tony Fallon Architecture helps achieve places.
Bob Marchewka with One Commercial has a buyer looking for 20,000 sf of industrial space in Portsmouth but may start peeking in Dover and Exeter and other areas nearby.
Erin Pike with Saint Germain Collins can help with simple environmental reviews to phase one to phase two reports.
John Ferreira with Chapman Construction is based in Manchester and offers constructive construction.
Andy Ward with Colliers has a buyer looking for 4,000 to 5,000 sf of 2nd generation space or TI allowance.
Peter Billipp is now with REMAX Shoreline specializing in commercial and industrial from their offices at 100 Market Street in Portsmouth, New Hampshire.
Ellen Bates with Office Interiors offers office interior space planning and design.
Romeo Danais is looking for industrial in Southern New Hampshire in the 1 million to 10 million dollar range. Romeo is looking for a 110,000 sf facility and a 50,000 to 60,000 sf one too.
Jay Lee with BHHS Verani Realty wonders if Frank Lloyd Wright maybe was on to something with his personal life. Jay has an investor looking for strip centers worth 10 million dollars anywhere in Southern New Hampshire.
Matt Lefebvre with Elm Grove has a hunt for multi-families from distressed to turn key in the 1/2M to 5M dollar range in Southern New Hampshire. Also, Matt is searching for 10,000 sf to 15,000 sf in Merrimack, New Hampshire for a towing company and service shop.
Chris Pascucci with Masiello Commercial let us know about his shift to a new shop. Chris is looking for multi-families in Southern New Hampshire that are extant or plans to build some in the mid to upper level range.
Ben Baroody with Baroody Associates has a genuine cash buyer looking for a mixed use building in Downtown Manchester.
Kyle Kadish with Advantage Wealth has a quiver full of 1031 resources ready to roll for when your deal falls through and the sand in the hour glass is almost slipped. They can close in as little as 3 to 5 days.
Robert Cruess with TFM/MSC can cook up concepts to help you sell your lot. They are looking for a senior structural engineer and offer signing bonuses.
Jeff Boufford with Boyd and Boufford serves up commercial, property and casualty insurance.
Scott Kingsley with Primary Bank serves up dollars for commercial businesses, real estate, and SBA in Maine, New Hampshire, and Massachusetts. Scott let us know that there is an affiliate sponsored after hours on 2 August 2018 that will be tons of fun so mark the calendar. There will be a wine tasting and TFM/MSC is the first sponsor.
Don Marshall with Marshall Associates helps you exit with grace and a glide path.
Art Bonin with AR Bonin brokers commercial and industrial in New Hampshire and Massachusetts.
Chelsea Rogers with Creative Office Pavilion helps with office furniture throughout New England.
Eve Hoefle with Two International Group shared that they are building two projects this summer and so are looking for additional sites to improve beyond Pease.
Marie Bodi with CP Management offers headache offloads from their Exeter, Manchester, and Providence offices.
Eric Kilchenstein with Devine Millimet has a corporate client looking for 15,000 sf to 20,000 sf of office space in Dover to Rochester. Eric also is looking for a small hotel of 4 to 5 beds in the Dover area.
Robin Comstock with Somersworth Economic Development will review all Frank Lloyd Wright inspired developments along with other proposals.
Margaret Dodge with Service Credit Union helps financing with finesse.
Chris Dunn with KW Commercial brokers in Maine and New Hampshire.
Jeff Brown with Cross Insurance is happy to look at all the numbers to help you find better insurance at better pricing from his former CPA perspective.
Vincent Chestnut with Alpha Locksmith is just back from Martha’s Vineyard where he provided some historically accurate locks and listened to why people wanted knobs instead of the required ADA compliant levers.
Al Silva with Silva Graphics brings your message on sweet signs in Maine, Massachusetts, and New Hampshire.
Ute Luxem with Profile Bank is a commercial lender that fluidly finances your projects.
Nancy Carmer with City of Portsmouth Economic Development has a site contractor looking for 3 to 6 acres of land in Portsmouth for single tenant offices.
Dan Barufaldi with DBIDA announced that Fulcrum is underway with the old Robbins block and have the old building down. This 5 story mixed use will be beautiful and a great Downtown anchor.
Wendy Rayno with Bank of New Hampshire has years of commercial lending experience.
Nina Cutts with Institution for Savings is a commercial lender offering long term fixed rates. In Newburyport, a youth services organization is looking for 5,000 sf.
Barbara Lizotte with Tobey and Merrill is a certified insurance counselor offering commercial lines.
Dave Garvey with KW Commercial has a 20,000 to 25,000 sf industrial user looking anywhere in the Seacoast out to New Hampshire Route 125 for purchase only.
Ray Dugdale with Colliers announced his diving back in after a brief retirement from commercial banking. He is helping with Colliers’ financial services division.
Peter Hoekstra with Peniel Environmental has helped Fulcrum and Colliers with asbestos and other demolition projects. They also do work at the Portsmouth Naval Shipyard.
David Choate with Colliers has a search for 20,000 to 30,000 sf of industrial in the Rochester, Somersworth, and Dover area. There is a lot of activity at Enterprise Park in Dover and some companies are thinking of building.
Announcements
The Statewide NHCIBOR meeting is the fourth Wednesday of the month at Matheson Education at 166 South River Road in Bedford from 9:00 to 10:15 am.
On 4 May there is a professional development class about rules for SBA lending. Some of the new laws sound onerous, but it is good that the fixed rate can now go to 25 years.
A similar meeting meets at Sea Glass Restaurant at Salisbury Beach on 10 May starting at 5:30.
Email Realtor and Affiliate of the Year suggestions to Allison Ropes please quick.
July, August, and October are open for breakfast sponsorships in 2019.
Dave Garvey shared that the unlicensed legislation went down in flames thanks to lots of participation from members.
The proposed Housing Appeals Board that would hear appeals of local Planning and Zoning Board denials of Workforce Housing in a more expedited manner is still a proposal and concept only.
Bank of New Hampshire, Profile Bank, other banks, and AARP offer free shredding days.
Ute Luxem hopes SB 525 is voted down.
Listings
Tony Fallon with Tony Fallon Architecture shared that you probably only have architects refer to asbestos as adverse insulation to keep their liability carriers happy. It is standard that adverse materials are managed via a prime contract between an owner and the adverse material removal company like Peniel. The reason that ADA calls for lever sets versus door knobs is to allow a person with other than fully functioning hands to open a door. Sometimes this can help those with arthritis.
Bob Marchewka with One Commercial recruited sponsors for quarterly meetings and personal development courses that are short money at 150 bucks. Bob has Dover office space at Chestnut Street and Pointe Place.
Bill Jean with Fulcrum is happy to be helping create the new anchor in Dover at the former Robbins Block. Bill lauded Dover’s board review process as phenomenal, and like no other in their positive proactivity. Bill shared that the lack of labor is really beginning to affect construction costs.
Erin Pike with Saint Germain Collins brings peace to murky material chaos.
John Ferreira with Chapman Construction is helping at the Crisis Care Center makeover from 11 to 20 May.
Andy Ward with Colliers has 6 acres in Epping that is zoned commercial at a lighted intersection near the state police, NAPA, and Comcast for 975K.
Peter Billipp with REMAX Shoreline has decades of experience in commercial and industrial in Maine and New Hampshire. A new listing is 14,900 sf of industrial lease with 3 docks that is freestanding.
Ellen Bates with Office Interiors has been helping with lobbies around Two International Group’s holdings and is happy to help show how your dog of a building can be a beauty.
Romeo Danais has a cross dock truck terminal that Sam’s Club is pulling out of in Hooksett, New Hampshire at a great location. These 26,000 sf has site parking for 80 to 100 trucks and a 1,500 sf office.
Jay Lee with BHHS Verani Realty gave Romeo his card as chief card comic.
Matt Lefebvre with Elm Grove has 2,100 sf for lease at 26 Pleasant in Concord for offices and a retail unit at 15 Pleasant going for 20 bucks psf modified gross. Matt has lots of other small office offerings in Manchester.
Chris Pascucci with Masiello Commercial has 35,000 sf of industrial at 2456 Brown Avenue in Manchester with a couple of docks and 110 parking spots for lease only that could be demised.
Ben Baroody with Baroody Associates has several restaurants for sale in Manchester and other sites that offer parking with expansion plans covering 6,100 sf that you can pick up both the business and real estate or just the business. Ben also has a warehouse industrial offering in Manchester near the 101/93 intersection with one loading dock.
Kyle Kadish with Advantage Wealth offers quick 1031 moves.
Robert Cruess with TFM/MSC has sites in Goffstown and Bristol that are good for urgent care that municipalities are looking for. They are doing structural design nationally now.
Jeff Boufford with Boyd and Boufford has policies to protect from costs if your water source becomes polluted.
Scott Kingsley with Primary Bank announced that Boyd and Boufford will also sponsor the 2 August after hours event.
Don Marshall with Marshall Associates wished Jay well.
Art Bonin with AR Bonin has 20,000 sf of industrial in Brentwood on 2.6 acres with 6 docks for sale at 1.29M or for lease. There are varying ceiling heights up to 14 feet. Art also has 55,000 sf of industrial on 4.7 acres in Haverhill, Massachusetts with 15 foot ceilings that is vacant.
Chelsea Rogers with Creative Office Pavilion is on the board of Taste of the Nation which helps feed kids on the weekend.
Fred Richards with Masiello Commercial thanked David Choate for being so nice. Fred has an appliance dealer looking for 15,000 sf on a state highway with lots of traffic in Rockingham County.
Eve Hoefle with Two International Group has 1,500 sf to 1,900 sf to 5,000 sf to 10,000 sf at 12 dollars psf NNN with 7.5 nets.
Marie Bodi with CP Management thinks AARP is great despite the comic relief of Jay Lee and it is great for networking for your next wife or job over 55.
Robin Comstock with Somersworth Economic Development has bounteous abundant opportunities in the city on the Salmon Falls River.
Margaret Dodge with Service Credit Union has 15 year fixed rate loans for New Hampshire.
Chris Dunn with KW Commercial has a multi-family at 1921 Exeter Road in Hampton for 495K
Peter Russell with Peter Russell Associates has office suites and Seasonal Ice Cream business on 2 acres for $795,000. Peter also has a closed and clean gas station on Milton Road, Rochester for $299,000
Andrew Robbins with Colliers has 25 acres with 95 planned luxury condo units along the river in Tyngsborough, Massachusetts just for you today.
Bev Donovan with Derry Economic Development shared the delights of Derry with plentiful opportunities, lots of incentives, and a helpful planning board.
Justin Mikolyski with Creative Office Pavilion can help with labor shortage by bringing factory made partitions with white boards and lots of options in 3 to 4 weeks.
Jeff Brown with Cross Insurance has helped companies save on workmen’s comp insurance rates.
Vincent Chestnut with Alpha Locksmith is the master of master keys and cards & such a card.
Al Silva with Silva Graphics thinks when you think signs think Al.
Mary Ellen Humphreys with Durham Economic Development has 24 acres near downtown that could be 4 single family home lots and often times has info you haven’t heard of yet.
Ute Luxem with Profile Bank has money to lend and likes her husband lots.
Nancy Carmer with City of Portsmouth Economic Development has the McIntyre parcel, West End, and Frank Jones Brewery areas all with economic revitalization incentives.
Dan Barufaldi with DBIDA shared that companies are hesitating moving to where there is limited skilled workforce and so Dover has endeavored to concurrently make Dover a more attractive place to reside. This is helping on recruiting companies.
Wendy Rayno with Bank of New Hampshire says that they offer free shredding too and the dates coming up are 28 April in Dover and 5 May in Concord from 9:00 to noon both days.
Renee Plummer with Two International Group recruited us to recruit vets to avail themselves of the Veterans Count money pot. They can now assist in Maine and a bit into Vermont as well as their base of New Hampshire. The Veterans Count staff angels will help greatly. This editor can witness to how hard it is for vets to receive this assistance having tried in three cases to recruit vets to call. Honor and pride are strong.
Barbara Lizotte with Tobey and Merrill is on the education committee.
Dave Garvey with KW Commercial still has the great deal in York with 30 units, an incredible cash flow which has increased 6K per month recently, and is a steal of steals at 5.59M. Dave also is grateful for this group which helped get a 1031 deal closed in January with Wayne Semprini and has generated 13M in deals.
Ray Dugdale with Colliers organizes your loan application into a perfectly positive pretty picture so you gain a plum of a loan from competition of interested lenders.
Peter Hoekstra with Peniel Environmental shared his son’s desired sale of a house with an in law for 190K.
David Choate with Colliers has 3,614 sf at 750 Exeter Road in Hampton with Brazilian cherry floors, two levels, an aquarium, and sale but no lease at $499,900.
Haves & Wants
Tony Fallon with Tony Fallon Architecture assures his wife that one wife is way, way, way more than enough and not to worry if his designs start to look like Wright. Tony will stay right.
Bob Marchewka with One Commercial is looking for reasonable offers for 3,000 sf at Heritage Avenue that might be subdivided.
Bill Jean with Fulcrum has a new building to be built on Ocean Boulevard in Hampton with a 7,000 sf restaurant space planned. Interested operators of seasonal restaurants please apply.
John Ferreira with Chapman Construction helps build.
Andy Ward with Colliers is teaming with David Choate to lease 150 Spaulding Turnpike in Portsmouth that was the Seacoast Ticket business between the Nissan and Mazda dealerships. 2,262 sf with 10 parking spots for $30 psf NNN. The whole property, including the two lots behind, could be purchased also.
Peter Billipp with REMAX Shoreline knows that a happy wife means a happy life and needs to work more to achieve more.
Ellen Bates with Office Interiors helps you see what will fit in that tenant spot.
Jay Lee with BHHS Verani Realty is launching the Frank Lloyd Wright Marriage Counseling Center. Jay also has 4,000 sf in Bedford for 17.5 NNN and a Raymond gas station near 101 that has 15 extra acres that could house a hotel.
Matt Lefebvre with Elm Grove looks forward to achieving the right to drink alcohol and use the Peniel bottle opener received today and knows someday AARP will be there for him.
Chris Pascucci with Masiello Commercial has 171 Route 27 with 2.8 acres of land and building for 400K. If you snap up the adjacent 6 acres, the price altogether is 700K.
Ben Baroody with Baroody Associates shared two other listings.
Robert Cruess with TFM/MSC talked up the annual BBQ.
Don Marshall with Marshall Associates has a veterinary office, a meat shop, a funeral business, and a breakfast spot that all spin off 150K per annum.
Art Bonin with AR Bonin had s search for 50,000 sf of industrial in Haverhill, Massachusetts for 2M or so. They can close in 45 days.
Fred Richards with Masiello Commercial has someone looking to buy a donut, ice cream, or coffee business in Rockingham County.
Eve Hoefle with Two International Group has lots of office space at Pease with free parking.
Marie Bodi with CP Management appreciates the comic relief of this meeting.
Chris Dunn with KW Commercial has a 5 unit in Downtown Newmarket that is an 8.1 cap.
Peter Russell with Peter Russell Associates has a 5 acre commercial site on Route 108 in Somersworth with sewer, water and gas for $450,000 and a half acre prime commercial site at Weeks Crossing, in Dover with signalized access for $400,000.
Bev Donovan with Derry Economic Development shared their market research that shows a need for some economy hotels and upscale dining to be create
Justin Mikolyski with Creative Office Pavilion thanked Renee Plummer for her work with Veterans Count from his perspective of serving in the United States Marine Corps. He says PTSD is real and recounted how he was away from his family for two years. Getting support for the families and thanking vets is so helpful.
Jeff Brown with Cross Insurance appreciates the general trend towards appreciating vets with his son just joining Army ROTC.
Vincent Chestnut with Alpha Locksmith thanked Al Silva for the quick turnaround on a banner for a trade show.
Al Silva with Silva Graphics thinks when you think banners think Al.
Mary Ellen Humphreys with Durham Economic Development has lots of offerings to offer so come on down to Durham.
Ute Luxem with Profile Bank is wondering what the psf price for a 3,000 sf mixed use building in Dover would be.
Nancy Carmer with City of Portsmouth Economic Development has 20,000 sf with 25 foot height but the zoning could be tricky.
Dan Barufaldi with DBIDA shared that in 2017 Dover welcomed 20 new businesses and there have been 5 already incoming in 2018.
Wendy Rayno with Bank of New Hampshire is a commercial lender and is going to organize an AARP cruise with views.
Renee Plummer with Two International Group shared they are building a new Hampton Inn at the entry to the Kittery Outlets that is expected to open in September.
Ray Dugdale with Colliers brings the best bridge, mezzanine, construction, business, retail, office, self-storage, and owner occupied financing cheerfully.
David Choate with Colliers has the 2,700 sf former Waterstone Spa space at the rear of Plaza 800 for $14 psf NNN that always goes quickly.
Note from Tony Fallon Architecture: These Minutes are what I understand people to have said at this meeting. Please contact people referenced to verify and clarify.
Next Meeting is 8:30 – 9:45 am on the third Friday, 18 May 2018
In the Third Floor Conference Room of Two International Group’s Building at
One New Hampshire Avenue, Portsmouth, New Hampshire, Pease International Tradeport.
Bank of New Hampshire will be the breakfast sponsor.