Statewide Marketing Meeting Minutes February 2020

26 February, 2020
NHCIBOR, New Hampshire Commercial Investment Board of Realtors
Minutes of Statewide Marketing Session, which occurs the 4th Wednesday of every month. Second Floor Conference Room, 168 South River Road, Bedford, NH

Scott Kingsley, Primary Bank was this month’s sponsor and we thank them for the delicious breakfast provided. Primary Bank’s founders envisioned a bank that could provide reliable and responsive lending options to local small businesses in NH.  In just 4 years Primary Bank has delivered on its promise, committing more than $300 Million in loans to more than 500 local small businesses.  Primary Bank is a locally owned, entrepreneurial bank, committed to service the financial needs of our communities and delivering a better banking experience.

 

Cash Buyers

 

Jay Lee, Verani Commercial, has cash buyer looking for retail-2 acres vacant, also a cash buyer looking for gas stations and multi families.

Chris Pascucci, SVN Masiello Group, announced a new name, new cards and website will be coming out soon, still part of The Masiello Group.

Jennifer Gray, BHHS Verani, Has cash buyer looking for overflow for Homeless Shelter.  $500k ADA Bathroom, Wilton, Milford or Amherst.

Kim Matson, BH&G – The Masiello Group, Cash Buyer in Seabrook, Lowell liquor stores, smoke shops also along state lines.

Romeo Danais is a cash buyer looking for industrial in Manchester, Keene, Portsmouth, hidden place 14 ft ceilings and 100,000 sq ft or more.

Dale Adams, Property Development, developer looking for resort, various retail housing hotels.Joe Friedman with Brooks Properties has a cash buyer looking for development land in the I-93 Corridor that can be used for a distribution center. The buyer is looking for 50,000 sq ft to 300,000 sq ft of space.Louise Norwood, NAI Norwood Group, Inc has cash buyer looking for a business in the Raymond area, but between Seabrook and Manchester could work, close to exit for cleanup disasters, has 30 employees, needs extra land.
Listings

Jay Lee, Verani Commercial Realty, For Sale 160-176 Lake Ave, asking $800,000, 15,424 sq ft combined industrial/retail/office, Currant Use, Warehouse/Retail, 200’ Frontage on Lake Ave, Manchester. Crossroads Mall 123 Nashua Rd, Londonderry, 2 Retail Units available, Diverse tenant mix.

Kim Reagan, Carlisle Capital, Old Oracle Building for rent, 2500 sq ft to 75,000 sq ft

Kimberly Matson, Better Homes and Garden, The Masiello Group, 199 Main St.  Troy NH Commercial Investment. Asking $375,000, 7,000 sq ft. 646 Rte 12 south, Fitzwilliam, NH Asking $ 425,000, 10,637 Sq ft, Commercial Space, already set up for full service  store.

Joe Friedman, Brooks Properties, 11 Keewaydin, Salem Commerical space, $20 PSF Annual, office space. 19 Keewaydin $10.50 PSF Annual, 21 Keewaydin, $25-$30 PSF Annual and 23 Keewaydin, $23 PSF Annual.

Chris Pascucci, The Masiello Group, Class A Highway Accessible Office Space, 157 Main Dunstable Rd, Nashua. Offices for lease, $16.95  PSF Annual. 77 Ferry Rd, Hudson Mall, Hudson, NH Lease rate $14  PSF Annual

Louise Norwood, NAI The Norwood Group, 256 Wallace Road, Bedford, NH Available 2,500 sq ft, Retail Space. 48 Constitution Dr, Bedford, NH 17,600 sq ft, Commercial Space, office/medical uses. 256 Wallace Rd, Bedford, NH Various uses, retail, office or medical. 2,500 sq ft.

Andrew Robbins, Colliers International, Standalone Retail with apartment, 885 Second Street, Manchester, retail 2,600 sq ft, Lease Rate, $15 NNN or asking price $550,000. For Lease Industrial Condo, Industrial/Flex 78 Londonderry Turnpike, Unit G4, Hooksett, 3,682 Sq ft with a drive in door. Retail/Office Unit, 341 Loudon Rd, Unit 1, Concord, NH, Lease Rate $16 NNN, 2,000 sq

 

Haves, Wants, & Affiliates

 

Alison Isakan of Jeanne D’Arc Credit Union headquartered in Nashua specializes in business and commercial lending programs.  This branch services their members’ banking needs in the NH counties of Rockingham and Hillsborough with loan products such as auto, home equity products and mortgages among other services.

Heather Rowan with Kimball Furniture wanted to bring to our attention a new trend they are seeing in the industry. A lot of companies are trying to create a more residential feeling in commercial spaces, due to the impact of millennial in the workspace.  Kimball furniture can help you create a “soft commercial” space, or as they like to call it “sophisticozy”.

Marie Degulis with Secondwind Water Systems deals with water quality issues for all types of properties, because water quality matters for all different types of businesses. This is also their company’s 30-year anniversary.

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.

Jeff Boufford of Boyd & Boufford Insurance is a purveyor of commercial insurance with 80% of his business derived from the commercial sector.  Jeff covers a wide array of insurance venues from retail, business spaces as well as vacant properties.

Tracy Lurvey with Alpha Building Inspections is looking to speak with lenders about bank draw inspections. Alpha Building Inspections is a 6-inspector company that performs residential inspections all over the state of NH and Southern ME. Also, they perform Commercial Inspections all throughout New England.

Robert Clarke with Allen & Major Associates is a multi-disciplinary firm specializing in civil and structural engineering, land surveying, environmental consulting, and landscape architecture. Established in 1973, A&M has three offices that provide services throughout the Northeast. With over 40 dedicated engineers, landscape architects, land surveyors, project managers, and support specialists, their team brings a wide range of expertise that comes from decades of experience in both the public and private sectors. It is their commitment of offering consistent, responsive, and reliable service that has kept A&M in business for nearly five decades.

Amanda Savage with North Branch Construction is a Business Development Manager. She mentioned that they have never failed to meet a contractual deadline. At this time she has no cash buyers, but North Branch is starting a 20 million dollar project in the upcoming months on Elm Street in Manchester.

Ryan Theil with A1 Exterminators offers quality pest control throughout New England since 1953. They offer personalized professional customer service and form a unique partnership with their clients in order to provide you the very best in quality service.

AC Chandhry is a senior business account executive with Comcast. He wanted to mention he could help provide Internet and cable analytics to realtors looking at properties and also has a paid referral program.

Heather Burr Carey, Indoor Doctor, 1-603-490-7802- heatherbcarey@imdoordoctor.com Environmental consultant in Derry, NH.  We provide an unbiased assessment using proven testing techniques.

Ray Sirois, Service Master, Residential and Commercial, we help get your business back.  When disaster strikes your home or business your lives are disrupted, you need to get back to normal fast, that is what we do. Water damage cleanup, fire and smoke damage cleanup, Mold Remediation, odor control services, and trauma clean up.

Robert Baskerille, Bedford Design, 1-603-622-5533, bobb@bedforddesign.com, Founded in 1987, Subdivisions are our speciality.  For 30 years we have been surveying, engineering, and permitting subdivisions of all sizes.

Stephen Heavener, CRDC, The company is a statewide nonprofit economic development corporation with more than 50 years of success offering a variety of economic development and business financing services. nhmainfo@nhmunicipal.org

Adam Diorio, Primerica. Is a financial consultant ad regional vice president in Londonderry, NH, 1-888-815-4104, Investments and savings, term life insurance and the Primerica Business Opportunity.

Jim Wisniewski, Interiors East, Jim is the owner of Interiors East. Interior East is an architectural interior design firm specializing in commercial and retail design management.

Vince Chestnut, Alpha Locksmith Providing all your physical security need, Alpha Locksmith installs, repairs, and rekey locks. They also provide keyless entry systems, both mechanical and electronic.  Need a safe? They do that too.

Beverly Donovan, Economic Developer at Town of Derry – Economic Development in Derry, NH facat grant for 20k for improvements in the. Town of Derry up Manchester Rd, and new Score office in Town Hall

Roger Therrien of Service Credit Union expanded on their brand have 35 office thoughout NH and MA and a host of overseas facilities servicing the military.  They pride themselves on being top notch commercial lenders with an assortment of terms to satify a wide array of individuals and businesses with the added benefit of holding fixed rates up to ten to fifteen years.

Dylan Cruess of TF Moran, Inc. are expert engineers -dealing in a wide variety of skill sets and in particular as land surveys offering zoning reviews and concepts to find what is feasible for any piece of raw land.  TF Moran continues to offer an extraordinary service to brokers and developers alike showing the benefits and viability of commercial sites.

Erin Pike of St. Germain Collins explained that their company is a full service environmental consulting firm with their forte being in the environmental site assessment market.  They officiate over Phase II to identify contaminates of concern, potential exposure pathways and regulating standards.  Other services provided are site/civil engineering along with stream crossing design and permitting.

Kelly Beaudoin, HUB International, Commercial Insurance Broker, HUB International is a leading North American insurance brokerage that provides a variety of employee benefits, business, and personal insurance. 1-603-430-0275

 

Note from Tracy Lurvey: These Minutes are what I understand people to have said at this meeting. Please contact people referenced to verify and clarify.

Next Meeting is 9:00 – 10:30 am on the 4th Wednesday of the month, Matheson Education Training Room, 166 South River Rd., 2nd Floor, Bedford, NH.

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