Commercial & Industrial
New Buyer for Laconia School Site Offers $10.5M
The state has chosen a new buyer for its 217-acre former Laconia State School property. The $10.5 million cash offer is about half what the state’s prior buyer offered but ultimately could not deliver.
Portsmouth Board Rejects Hotel Plan
The Portsmouth Zoning Board of Adjustment has rejected a plan for a hotel outside of the city’s downtown amid complaints of traffic it would cause. The plan, pitched by The Meadowbrook Inn Corp., would have seen an empty field replaced with a 116-key Holiday Inn...
Conway Looks to Limit Hotels
The Conway Planning Board is examining a proposal to create a “commercial core” zoning district that would curb the development of hotels and big-box stores in a portion of North Conway’s commercial corridor.
Portsmouth Offices-to-Residential Conversion Pitched
A Portsmouth developer wants to take a former department store in the city’s downtown and give it a third act.
Enfield Project Hit by Zoning Lawsuit
A 300-unit Enfield housing development is at the center of a lawsuit filed by two local residents who claim the town’s Zoning Board of Adjustment improperly granted a height variance for the project.
Big Manchester Apartment Project Downsized
A Manchester apartment development that would have originally had 366 units is being shrunk to 150 units following a deal with the city.
Finding the Right Office Space at the Right Price Proving Hard
Ready or not, real estate agents later this month will enter a new era of commission negotiations, and no one is quite sure how it will play out.
State Weighing Five Offers for Laconia Site
The state has received five offers for a 220-acre site in Laconia following the collapse of its $21.5 million deal with a Manchester woman in April.
The Fed Seems Certain to Cut Rates. But How Fast?
A rate reduction this fall – the first since the pandemic – would amount to a momentous shift and a potential boost to the economy.
Portsmouth Development Get Good News
A big, three-building project to transform empty lots in downtown Portsmouth now has a chance to try its luck in a better financing environment.