Commercial & Industrial

Latest Tuscan Village Apartments Completed
The latest addition to Salem’s resident mega-development: a new apartment complex called Caro Tuscan Village.
After Delays, State Says It Will Close on 220-Acre Laconia Sale
After two months-long delays, the state says it will close its $21.5 million deal on the 220-acre Laconia State School property on March 13. The state has tried to sell the property, which needs considerable work, including the removal of dilapidated buildings, for decades.
Commercial Lending Starts to Show Signs of Life
Lending conditions for commercial real estate showed the first improvement in seven quarters, according to an analysis of recent activity by commercial real estate brokerage and lender CBRE, amid signs that borrowing costs have peaked.

Need to Diversify Construction Workforce Runs Into Obstacles
An NHDOT on-the-job training program designed to promote the advancement of disadvantaged people in the highway construction trades faces tough competition from the tight labor market.
Exeter Officials Look to Expand Mixed-Use District
Officials in Exeter are hoping Town Meeting members will approve a plan at their March meeting to substantially extend a zone that allows mixed-use development to help create more housing and local tax revenue.

546 Units Pitched in Nashua
A long-contaminated site could be poised to get its second act under a plan scheduled for review by Nashua officials on March 21.

Mass. Developers Plan Second Manchester Apartment Building
With construction not even complete on their first Manchester apartment building, Boston-area developer Avatar Design & Construction has announced its second multifamily venture in the city.
Concord Developers Hope to Break Ground This Year
Two developers with very large apartment complexes planned for Concord properties hope to begin construction this year, despite the tough interest rate environment.
State Delays Sale of Laconia Property to Developer
The state has delayed its closing on a $21.5 million sale of the former Laconia State School property a second time, but the deal remains on track, said Commissioner Charlie Arlinghaus of the state Department of Administrative Services.

NH Industrial Market Set to Slow in 2024
A stabilizing office market and softening demand for industrial space could point to a reverse in the relative positions of the two commercial real estate sectors this year.