Seacoast Marketing Meeting Minutes December 2019

NHCIBOR
New Hampshire Commercial Investment Board of Realtors
Minutes of Seacoast Marketing Session

Dylan Cruess was the breakfast sponsor. TFMoran, Inc. is a recognized Land Planning firm specializing in Civil Engineering, Structural Engineering, Traffic Engineering, Transportation Engineering, Land Surveying, Landscape Architecture, Environmental Permitting, Stormwater Monitoring, and Construction Support Services. Also mentioned he can make Big Logo Checks for your charity. Contact Dylan at 603.472.4488 – dcruess@tfmoran.com.

Cash Board

Dave Garvey of KW Commercial has a 1031 cash buyer looking for a single tenant asset, 1 million, any NH location.

Bob Marchewka of One Commercial Real Estate has a company looking for
15,000 sf of industrial space, 24 foot high bay. Unit should include 5,000 sf in office
space and drive in capabilities. 10 mile radius around Hampton and Exeter.

Ethan Ash of KW Commercial is looking for a 10-30 unit multi and value adds in Southern NH or Maine.

Andy Ward of Colliers International has a retail investor looking for an asset,
can be value added, anywhere around Portsmouth. Also, industrial in Southern Maine, 20k and 40 minutes from Kittery,

Art Bonin of AR Bonin has a cash buyer who needs self-storage units in Merrimack Valley with 4 acres.
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Abigail Morneault of Colliers International has a company looking for 6k to 8k sf industrial west of Concord.

Caitlin Burke of The Boulos Company has a cash buyer for industrial – 10k west to Exeter and Portsmouth.

Jennifer Gray of Verani Realty in Londonderry has a cash buyer looking for an 8-10 unit multi-family for 875k or under in Nashua or bordering DW Hwy.

Jane Wright of One Commercial Real Estate has a cash buyer looking for a small restaurant with rental unit attached.

Michelle Sullivan of The Gove Group has a cash buyer looking for mixed use, commercial/flex space on Route 1 south of Kittery.

Bob Viel from The Bean Group has a buyer looking for 2,000 sq ft in Rochester for a drug treatment center.

Ray Pape has a buyer looking to purchase a tax free exchange pharmacy.

Andy Ward of Colliers International has 2 buyers looking for self-storage, near an exit, any location.

David Choate of Colliers International has a financial institution looking for a 2500 to 5,000 sq ft office space in Downtown Portsmouth to buy or lease and price is not a worry.

Announcements

The Statewide NHCIBOR Marketing Meeting occurs on the 4th Wednesday of the
month from 9:00 to 10:15 at 166 South River Road in Bedford. The next meeting
will be held Jan 22, 2020.

Breakfast Sponsorships available for 2020 CIBOR meetings: the months of May and September are still available. Please reach out to David Choate if you would like to host.

110 Grille in Haverhill, 2nd Thursday of the month at 5:30, is the North Shore Marketing Group. Contact Scott Forte for details.

Please consider becoming a member of NHCIBOR. Thank you very much if you
already are a member.

Listings

Richard Desoto and Ethan Ash of KW Commercial have land on Rte 1 in Kittery for $ 405,000.

Russ Doyle of Two International Group has office space for lease at 15 Rye St, Portsmouth: Ste 100 – 9,134 sq ft, $16 PSF; Ste 225 – 4,314 sq. ft, $16 PSF; Ste 305 – 11,411 sq. ft, $16 PSF; and Ste 307 – 2,285 sq. ft., $16 PSF.

Michelle Sullivan of The Gove Group has a condo listing at The Residences at Landmark Hill Square, Unit 2, in Kittery, Maine for $439,900 and it is 2,096 sf.

Scott Forte of Century 21 has 2 new listings – one is a gas station with an apartment above in Newmarket and a 2500 sf office space in Salem, NH – more info to come.

Bob Marchewka of One Commercial Real Estate has a new listing at 951 Islington St. – retail/office and it can be subdivided. He also has land in Dover.

Ethan Ash of KW Commercial has a new listing for self-storage with great visibility in NH for $950k. He also has also 28 acres of land, 10 of those upland, in Kittery, ME, next to the Jungle Rope. It’s Mixed Use zoning for $405,000.

Art Bonin of AR Bonin mentioned a new listing 72 Rte 125, Brentwood: 7.5 acres, 14k sq ft metal building, commercially zoned for sale for $ 850k.

Abby Morneault of Colliers International has a Sub Lease at 222 International at Pease – 937 sq ft at $ 13 NNN.

Kat Gemmecke of The Boulos Company has a new listing in North Hampton, 2400 sq ft, 500 sq ft office , rest is flex warehouse.

Jennifer Gray of Verani Realty has a new listing, 3.9 acres in Raymond, Rte 102, good for restaurant or salon.

Richard Desoto from KW Commercial has a new listing, a restaurant with 2- 3 acres for $995k. He also has a new listing – the York Harbor Motel for $4.875M.

Jason Clark of Century 21 Atlantic has a new price on his listing at 145 Portsmouth Ave. in Stratham – the new price is $1.5M.

John Kelly has a new listing in Portsmouth, 124 Bartlett St, 2 1/2 acres mixed use; also a convenience store for $ 1.65M in a location not disclosed.

Andy Ward of Colliers International has another new listing at 136 Lafayette Rd, in North Hampton (4,400 sf of industrial space with a loading dock and a drive-in door). He also has spaces at a former lumber yard on Stage Rd in Nottingham – mixed units of 200 to 800 sq ft in raw to finished condition.

David Choate of Colliers International has a new listing on 8 London Lane in Seabrook – a small warehouse space. Also, Dent Wizard is looking for a new home in Stratham, Rye, Portsmouth or North Hampton, but it has to has to have natural gas and 4,000 to 6,000 sq ft are needed.

Haves and Wants

Due to the large group of attendees, a third go around was not possible. Nobody
had any additional listings or haves and wants to add.

Affiliates:

Ute Luxem with Profile Bank dedicates herself to serving the needs of her
clients. The Bank offers a broad range of financial products and services while
providing each customer with the highest level of personal service. Interest rates
are still at historic lows and she is happy to work with you on financing your
projects.

Tracy and Steve with Alpha Building Inspections are looking to speak with lenders about bank draw inspections. Alpha Building Inspections is a 5-inspector company that
performs residential inspections all over the state of NH and Southern ME. Also,
they perform commercial inspections all throughout New England.

Dylan Cruess of TFMoran provides full-service retail, industrial, energy, office,
institutional, municipal and residential services. Dylan is happy to assist you with
conceptuals so you can make the most of your time commitment to a project. TFMoran employs 70 people.

Barbara Lizotte of Tobey & Merrill Insurance creates a circle of protection,
providing a simple and practical insurance plan that is customized to your
individual needs.

Chris Mark of Restore My Floor has a great team. They offer professional carpet
cleaning in addition to their main line of business, new flooring and rehab. “If you
walk on it, we’ll work on it”.

Marie Bodi of CP Management provides a comprehensive service in various disciplines including property management, construction management, development,
maintenance, and in-house asset management.

Bill Jean with Fulcrum Associates is a construction management firm based in
Amherst, NH that has been building a solid reputation in the construction industry
since 1989.
.
Scott Kingsley with Primary Bank provides commercial, industrial, and
residential loans with a lending limit up to 3.7 million.

Stephani Croteau, Croteau Consulting Agency, Inc. (CCA) provides marketing consultation services to clients across various industries. The CCA team will work with you to review the unique vision that you have for your company, and through doing so will assist you in achieving that vision by providing you with the insight and marketing tools to successfully engage your customers and promote visibility. Whether you are looking to develop or redesign your marketing materials, improve your social media presence, or would like to incorporate a marketing plan for the future growth of your company, she is here to help you at each step in the process. Learn more about the services CCA offers on their website.

Joe Cunningham of Cunningham Associates Insurance serves NH and ME
personal and business insurance needs.

Priscilla MacInnis of First Seacoast Bank provides excellent commercial lending
services.

Brendon Neudecker of HPM Insurance provides excellent insurance services to
you and your clients.

Kathryn Bristol of NewVo Interiors can assist you in furnishing your new space
and plan for optimal space utilization.

Jeff Boufford with Boyd & Boufford Insurance provides insurance to Southern
NH. They specialize in commercial real estate and have significant experience with
storage facilities. This being said, you will receive personalized services for all your
projects.

Jim Gove of GES Environmental Services, Inc. provides environmental
consulting services. Jim recommends not to clear land before having Fish and Game
approvals. The experience can turn ugly.

Michelle Dreselly with Allobar Strategies provides unparalleled
personalized real estate tax consulting services to a broad range of commercial
and residential clients in New Hampshire, Massachusetts, and Connecticut. With
almost 30 years of company experience, their team of property tax representatives
and valuation professionals work to create and implement tax strategies to
enhance the value of their clients; Michelle is ready and able
to serve as your property tax advocate and advisor.

Al Silva of Silva Graphics is serving the New England area with more than 30
years’ experience in the sign industry.

Jeremy Forest of Bridges Brothers Movers represents a family-owned company
specializing in residential moving for more than 100 years.

Ryan Theil of A1 Exterminators is ready to help you get rid of uninvited tenants
like bedbugs, ticks, and mosquitos, as well as all kinds of rodents. He thanks
CIBOR members for all their referrals.

Christina Riedel, Two International Group, Marketing, christina@twointernationalgroup.com 603-793-1158, 1 New Hampshire Ave, Portsmouth.

Darrell Davis, Cosmopolitan Title Agency, LLC Business Develop Officer Licensed in CO, FL, IN, KY, MD,NH, NJ, OH, PA, TN and VA.

Adam Diorio, Primerica, Investment Advisor, Regional VP

Stephen Hudson, HGI President, Company Growth Strategies and Implementation, Prep for Company Sale, M&A Advising. hgisrh@gmail.com

Shane Brewer, Profile Bank, Commercial Loan Officer, shane.brewer@profilebank.com

Steve Schwalje, Northwestern Mutual, Wealth Management Company, Financial Advisor, steveschwalje@nm.com.

 

Next Meeting is 8:00 – 9:45 am, Friday, January 17, 2020 at One New Hampshire Avenue,
Third Floor Conference Room, Pease Tradeport,, Portsmouth.
The breakfast sponsor is Restore My Floor.

Disclaimer: These notes are taken as I understood everybody. For
details and clarification, please contact the individual attendee directly.

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