Commercial & Industrial

New Division Strengthens Tenant Connections
Jason Richardson leads the newly created property management division at Foxfield. The Boston-based developer has 7 million square feet of real estate assets under management or development along the East Coast, including properties in Nashua, Salem and Londonderry.

Colliers Reports Slow-Down in Demand for Industrial Buildings
New Hampshire’s industrial real estate sector is experiencing a mild case of the speculative-building blues. The once red-hot industrial sector started to cool off a year or so ago, when large e-retailers like Amazon began to pull back on their demand for warehouse/distribution center space across New Hampshire and the rest of New England.
How Rising Construction Costs Are Shifting the Housing Market
Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. Part of the cause? Faster wage gains for workers in the lowest-paid roles.

Demand for Smaller Spaces Helps Stabilize State’s Office Market
Financial service and medical-related firms are among the smaller companies helping to prop up New Hampshire’s still struggling office market, according to a new report.

Lupoli Expands Hampton Beach Holdings
Developer Sal Lupoli has added a Hampton Beach motel to his portfolio after an $8.4 million transaction in March.

Portsmouth Rejects Homes for ‘Candy Cottage’ Site
Portsmouth historic district officials said “no” to a development of single-family homes on the site of a former candy store on an unusually large lot in the city’s South End.

Lupoli Kicks Off Big Project Near NH Border
Groundbreakings of large-scale developments are becoming infrequent in New England, and one that took place in the Boston exurb of Littleton illustrated the growing list of hurdles.

Trade War Truce Likely No Help for NH Homebuilders
The U.S. and China may have reached an agreement to temporarily reduce the punishing tariffs on vital homebuilding supplies like washing machines, but local builders say it’s not likely to relieve their trade-war anxieties.
Industrial Tenants Focus on Cost Reduction
Rising industrial availabilities throughout Greater Boston reflect slowing economic conditions as tenants’ sublease listings hit the highest level since 2011.
House Passes Bill to Cut Parking Requirements for Housing
The New Hampshire House passed a bill this month to prevent cities and towns from requiring more than one parking space per housing unit, a move intended to ease burdens on developers and encourage more housing.