Seacoast Marketing Meeting Minutes December 2018

21 December 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, New Hampshire

 

Thank you to Two International Group for providing this meeting space!

  

Robert & Ann Cruess with TF Moran were the breakfast sponsor.  TF Moran specializes in Civil, Structural, Traffic Engineers as well as Land Surveyors and Landscape Architects. The company is celebrating 50 years in business.

 

Cash Buyers

Wendy Rayno with Northway Bank- No cash buyers and experienced lender in the Seacoast market.

Bob Marchewka with One Commercial Real Estate has no cash buyers and wished David Choate…Happy Birthday….

Paul Daley with Usherwood Office Technology in Manchester announced they just opened an office located at 1200 Elm Street in Manchester, NH.

Dave Garvey with KW Commercial has a 12,000-sf building available, easily assessible and located in Exeter, NH.

Paul Alfano, Real Estate Attorney has no cash buyers and offers incentives for referrals.

Russ Doyle with Two International Group has no cash buyers but does have 3400 sf for lease.

Eve Hoefle with Two International Group has no cash buyers.

Eric Kizak with SFC Engineering offers Civil and Structural Engineering services as well as Fire Protection Engineering.

Ryan Thiel with A1 Exterminators can exterminate anything from bats to bedbugs.

Jay Lee with BHHS Verani Realty had a closing in Nashua where Erin Pike from St. Germain Collins assisted him. Kudos for the report being received within 3 days.

Vincent Chestnut with Alpha Locksmith will bring professional security to your door.

Nicole Canavan with BHHS Verani Realty has land available for development of 20-40 units. This could be multi-family, residential or a self-storage facility.

Thomas Howard with John Turner Consulting specializes in Engineering with offices located throughout New England.

Anne Cruess with TF Moran discussed Robert’s retirement and his wonderful career   

Robert Cruess with TFM/MSC said he’s looking forward to retirement after a very fruitful career.

Ute Luxem with Profile Bank has money for the lending.  Interest rates are slowly inching up, so land your loan sooner.

Jeff Boufford with Boyd and Boufford Insurance serves up commercial, property and casualty insurance. He thanked the group for the referrals he received in 2018. CIBOR is a great networking group.

Ross Gagne with Blake Equipment supplies water treatment and thermal energy services.

Sandy Martin with Martin Family Enterprises discussed the new tax laws that go into effect for the 2018 tax year. He provided a very helpful handout. 

Kevin Raymond with Optima Bank discussed the merger between Optima Bank and Cambridge Trust.

Lindsey Goodrich with BHHS Verani Realty has a cash buyer for $2,000,000 and looking in Southern NH and not interested in any multi-families please.

Bill Jean with Fulcrum Associates offers construction project management with a solid reputation since 1989.

Erin Pike with Saint Germain Collins offers environmental consulting in the due diligence phase and other phases.

Brian DuBois with DuBois Associates can provide an appraisal for all your self-storage

properties.

Tom Duffy with BHHS Verani Realty has a cash buyer looking for 100+ multi-family units and/or medical that cash flows.

Justin Powers with Chapman Construction is based in Manchester and offers constructive construction.

Peter Hoekstra with Peniel Environmental is an environmental restoration company helping with hazardous materials, water and storm damage.

Petie Cummins with Alpha Building Inspectors indicated they just added a 5th inspector. They provide building inspections for commercial and residential in Maine, New Hampshire, and Massachusetts. 

Susan Miltner with Seacoast Business Machines offers document solutions and has been serving New England since 1984.

Lisa Davis with Voyager Insurance is here to help you and your business with insurance. 

Joe Campbell with North Branch Construction provides construction services and just celebrated sixty years in business. Joe passed out an informative brochure about the company.

Bryan Wright with Colliers International has no cash buyers.

 Andrew Robbins with Colliers International has no cash buyers.

Mike Whitman with Bangor Savings Bank discussed construction lending.

 Marie Bodi with CP Management thanked everyone who participated in the GATHER fundraiser/donations. Merry Christmas to all!

 Lisa Reehl with KW Commercial has no cash buyers.

 Michelle Goldsmith, CPA with Cummings, Lamont & McNamee provides clients with tax preparations to include 1040s to more complicated trust tax returns.

 Travis Burrows with WS Development indicated they own over 98 properties in NH.

Matt Lefebvre with Elm Grove is looking for multi-families in central & southern New Hampshire.

Al Silva with Silva Graphics is located in Stratham, NH and can help with all your signage needs.

Bob Viel with the Bean Group has no cash buyers but appreciates David Choate’s loyalty to CIBOR and TF Moran for breakfast.

Dan Barufaldi with DBIDA announced that he has received many referrals from this group and wanted to thank everyone involved.

John Kelley, Broker of RE, LLC is looking for small retail centers from $1MM to $5MM.

Barbara Lizotte with Tobey & Merrill Insurance is a certified insurance counselor in New Hampshire, Maine, and Massachusetts. She also wanted to thank the group for the referrals in 2018.

Caitlin Burke with the Boulos Company indicated she has a cash buyer in search of 2-3 acres in Exeter, NH and needs to be medical.

Abigail Morneault with Colliers was happy to have recently graduated and joined Colliers

David Choate with Colliers has a search for 20,000 to 30,000 sf of industrial space in the tri- city area.

 

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.

MEREDA- Maine’s leading RE experts will gather for Economic Analysis of Industry on January 17th. The Forecast Conference and Member Showcase will be held Holiday Inn by The Bay from 9-10:15 am.

If you are interested in becoming an affiliate, please feel free to join at any time through the NHCIBOR website.

Marie Bodi & Mark Sullivan (via a text to David Choate) wanted to give a SHOUT OUT to The Peas & Carrots Drive! It was extremely successful and raised over $3,000 and the drive is still open for donations.

 

Listings

Wendy Rayno with Northway Bank has a client looking for a multi-family up to 10 units located in the Exeter/Portsmouth area.

Bob Marchewka with One Commercial Real Estate has a new listing, 5,000-8,000 sf located at 202 Court St. Portsmouth for sale $1,250,000.

Paul Daley with Usherwood Office Technology provides copiers, IT services and document management.

Dave Garvey with KW Commercial has 11 lots located in York, Maine and they are available for $500,000.

Paul Alfano, Real Estate Attorney discussed tax abatements and handed out information.

Russ Doyle with Two International Group has 2 new spaces available at One New Hampshire Ave. – 7,300 sf and 3,500 sf with lots of amenities.

Eve Hoefle with Two International Group mentioned their new hotel project in Kittery, Maine is close to completion. The opening is scheduled for February 2019.

Eric Kizak with SFC Engineering loves to network with the CIBOR group. 

Ryan Thiel with A1 Exterminators can exterminate termites too! 

Jay Lee with BHHS Verani Realty has 1 to 5 acres for retail development available for sale.  Contact Jay for details.

Vincent Chestnut with Alpha Locksmith will secure your property for you.

Nicole Canavan with BHHS Verani Realty has no new listings.

Thomas Howard with John Turner Consulting specializes in Engineering with offices located throughout New England. 

Anne Cruess with TF Moran has no new listings.   

Robert Cruess with TFM/MSC discussed some of the new tax laws.

Ute Luxem with Profile Bank discussed the SBA rates and terms. One major change is the 25-year amortization for financing. 

Jeff Boufford with Boyd and Boufford Insurance insures self-storage facilities and has assisted many owners.

Ross Gagne with Blake Equipment provides geo thermal services.  

Sandy Martin with Martin Family Enterprises has space available on Water Street in Exeter.

Kevin Raymond with Optima Bank has money to lend.

Lindsey Goodrich with BHHS Verani Realty has a new retail building for sale and could be a tear down.

Bill Jean with Fulcrum Associates offers CM from TI to ground up.

Erin Pike with Saint Germain Collins gladly accepts referrals.

Jim Gove with Gove Environmental Services, Inc. shared changes to the New Hampshire Wetlands rules and how they can impact larger projects.

Andy Ward with Colliers has a listing located at 408 Lafayette Road, Hampton. There are two units to lease for $13 NNN or $650,000 to purchase.

Brian DuBois with DuBois Associates has space available to lease at 1 Bayside Road, Greenland and consists of 1,100 sf.

Tom Duffy with BHHS Verani Realty has a property available in Hooksett consisting of 2 buildings. Building One has 12,000 sf and Building Two has 65,000 sf; both available for $2,200,000.

Justin Powers with Chapman Construction has no listings.

Peter Hoekstra with Peniel Environmental is an environmental restoration company that also performs bio hazard clean up.

Petie Cummins with Alpha Building Inspectors has no listings.

Susan Miltner with Seacoast Business Machines offers document solutions and has been serving New England since 1984.

Lisa Davis with Voyager Insurance is here to help you and your business with insurance.

Joe Campbell with North Branch Construction can help Commercial Brokers.

Bryan Wright with Colliers International has industrial space on Hooksett Road and a condo located at 141 Middlesex Rd. Tyngsboro, Mass.

Andrew Robbins with Colliers International has no listings.

Mike Whitman with Bangor Savings Bank has no listings 

Marie Bodi with CP Management gave a shout out to Ryan the Exterminator for helping her with a property.

Lisa Reehl with KW Commercial has a property on Rt. 202 in Rochester near Lowe’s that’s commercially zoned and listed for $350,000.

Michelle Goldsmith, CPA with Cummings, Lamont & McNamee discussed eligibility for tax deductions.

Travis Burrows with WS Development offers broker incentives and passed out a flyer.

Matt Lefebvre with Elm Grove is still looking for multi-families in central & southern New Hampshire.

Al Silva with Silva Graphics will help you design your sign.

Bob Viel with the Bean Group has no new listings but 2019 is shaping up to be a busy year already.

Dan Barufaldi with DBIDA passed out his management report.

John Kelley, Broker of RE, LLC has no listings.

Caitlin Burke with the Boulos Company indicated she has a lease available in Somersworth.The space is located on 475 High Street with 3,000 sf at $18 NNN.

Abigail Morneault with Colliers has no listings. 

David Choate with Colliers has a listing at the McConnell Center in Dover. The property houses 18 nonprofit organizations. The space is a 3,666-sf former daycare with a capacity to hold 67 children. This is only 1 of 2 spaces in the McConnell Center where a for profit entity is allowed.

 

Haves & Wants

Wendy Rayno with Northway Bank has 16 locations in NH with assets of $960,000,000 and a legal lending limit of $14,000,000.

Bob Marchewka with One Commercial Real Estate offered any clients that may be looking for an alternative to Portsmouth, to look at a 2,000-sf space he has available on Dover Point Rd.

Paul Daley with Usherwood Office Technology just opened his 18th office in Manchester.

Dave Garvey with KW Commercial has a mixed-use space in Rochester.

Russ Doyle with Two International Group says Merry Christmas!

Eve Hoefle with Two International Group seconded that thought.

Eric Kizak with SFC Engineering is looking for 3,500-4,000 sf in the Windham or Derry area.

Ryan Thiel with A1 Exterminators can exterminate anything from bats to bedbugs.

Jay Lee with BHHS Verani Realty has a 17,000-sf office space with TI allowance located in Nashua.

Vincent Chestnut with Alpha Locksmith helped with a day care center to be code compliant.

Nicole Canavan with BHHS Verani Realty has a client looking for a 2,000-sf space to house a bakery. It can be located anywhere from Hooksett to Massachusetts.

Thomas Howard with John Turner Consulting specializes in Engineering with offices located throughout New England. 

Anne Cruess with TF Moran said Merry Christmas & Happy Holidays!

Robert Cruess with TFM/MSC said please read his latest book about Ted Williams.

Ute Luxem with Profile Bank thanked everyone for the referrals to her in 2018.

Jeff Boufford with Boyd and Boufford Insurance said it has been a great 2018!

Ross Gagne with Blake Equipment supports mechanical engineers.

Sandy Martin with Martin Family Enterprises thanked everyone for the referrals in 2018.

Kevin Raymond with Optima Bank said Happy New Year!

Lindsey Goodrich with BHHS Verani Realty has a 11,000-sf retail development located in Nashua available.

Bill Jean with Fulcrum Associates admits that regular attendance at CIBOR is appreciated and very productive.

Erin Pike with Saint Germain Collins indicated that St. Germain Collins will have a booth at the MEREDA Conference in January. Stop by and say hello.

Jim Gove with Gove Environmental Services, Inc. shared some EPA changes.

Andy Ward with Colliers has two parcels of land located in Epping on Rt. 125 – one is a 2-acre parcel for $380,000 and the other is 6 acres for $750,000.

Brian DuBois with DuBois Associates assists with your appraisal needs.

Tom Duffy with BHHS Verani Realty has 4,000-sf relisted space available on Liberty Drive, Londonderry and 21 units on Orange St. available for $1,400,000.

Justin Powers with Chapman Construction said Merry Christmas

Peter Hoekstra with Peniel Environmental said Happy Holidays to all!

Petie Cummins with Alpha Building Inspectors said Happy New Year!

Susan Miltner with Seacoast Business Machines is a preferred vendor for Colliers

Lisa Davis with Voyager Insurance can fulfill al of your insurance needs.

Joe Campbell with North Branch Construction welcomes your projects.

Bryan Wright with Colliers International has an indoor trampoline park looking for 20,000-40,000 sf space in the Seacoast.

Andrew Robbins with Colliers International has 3,400 sf space available at 1 Wall Street, Hudson, NH.

Mike Whitman with Bangor Savings Bank is the breakfast sponsor next month and they’re bringing breakfast pizzas from Cornerstone in Portsmouth. 

Marie Bodi with CP Management indicated new members are always welcome

Lisa Reehl with KW Commercial has a property in Waterboro, Maine on 88 acres that can be developed with a max of 20 residential units.

Michelle Goldsmith, CPA with Cummings, Lamont & McNamee said there are many tax laws changes going into effect. Please be sure to pay special attention to your property taxes, home office use and the 20% pass through change.

Travis Burrows with WS Development offers broker incentives.

Matt Lefebvre with Elm Grove just opened an office in Tilton.

Al Silva with Silva Graphics said Happy Holidays.

Dan Barufaldi with DBIDA reiterated that CIBOR is valuable.

Abigail Morneault with Colliers said Merry Christmas and Happy Holidays.

David Choate with Colliers has a listing at 66 Third St. Dover next to the train station. There are three units available and has some parking for $900-$1,400 per month.

 

 

Note from Wendy Fracassi Rayno- Northway Bank: 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, January 18, 2019.

In the Third Floor Conference Room of Two International Group’s Building at

One New Hampshire Avenue, Portsmouth, New Hampshire, Pease International Tradeport.

Bangor Savings Bank will be the breakfast sponsor.

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