NAI Norwood Group Takes Home 3 CIBOR Awards

Manchester NH – NHCIBOR held their 3^rd annual awards ceremony on Tuesday, June 20^th to benefit their chairty NHCIBOR Cares. NAI Norwood Group is pleased to announce three award recipients are part of their team. Judy Niles-Simmons and Perry Snow tied with Brian O’Brien for the 2016 Retail Transaction of the Year. Joe Mendola took home the 2016 Investment Transaction of the Year. Congratulations to everyone for their hard work.

Judy Niles-Simmons and Perry Snow have been working on the Center View Plaza project in Manchester, formerly known as Lowe’s. The 100,000+ SF Huse Road building has been subdivided and partially leased. Leases include Chunky’s Cinema and Cowabumga’s.

Brian O’Brien sold the former Walmart on Keller Street last July. The 118,000+ SF building incited a bidding war. Ultimately it was CarMax that bought the site for just over $11M.

Joe Mendola successfully brokered a transaction between Granite Clover Self-Storage and National Storage Affiliates Trust that consisted of a five property portfolio. The transaction was valued at approximately $28.8 million and consists of approximately 235,000 rentable square feet with approximately 1,900 self-storage units.

The mission of NHCIBOR Cares (NHCC) is to help assist various organizations and individuals in need during emergency situations.  Having been in existence for just a few years, NHCC has contributed to over almost two dozen local and statewide causes on behalf of the members who support the NHCC mission.  NHCC also awards a Community Service Award at the NHCIBOR annual dinner.  Past recipients include some of the pillars in our industry:  Judy Niles-Simmons, Michael Reed and Arthur Sullivan.  NHCC Committee membership is open to any Realtor or affiliate of NHCIBOR, and is encouraged. For more information please visit: https://www.nhcibor.com/advocacy/nhciborcares

NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.  Through this network of 400+ offices and more than 7,000 professionals, NAI Norwood Group is able to leverage their nearly 50 years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist clients in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit www.nainorwoodgroup.com. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

NAI Norwood Group Sells 120,000± SF Retail Building in Derry NH

Derry, NH (March 22, 2013) – NAI Norwood Group is pleased to announce the sale of the former Walmart retail property at 30 Manchester Road in Derry NH. The 120,000± SF on 15 acres became a surplus property when the new super Walmart Center opened in late 2012. Brian O’Brien, VP/Managing Broker of NAI Norwood Group Portsmouth, represented the seller in the transaction. Ocean State Job Lot bought the property and plans to occupy a portion of the building and redevelop the balance into a multi-tenant retail center. NAI Norwood Group is slated to stay on as the leasing agent.

“This was an excellent opportunity for NAI Norwood Group and NAI Global to come together in a successful transaction for a large corporation like Walmart,” said O’Brien.

Walmart left the property on 30 Manchester Road to move across the street to their new Super Walmart location at 154,551± square foot facility. Located just 2.6 miles off Route 93 this corridor has seen a momentum of retail action. In 2011 Woof Meow, a pet company moved in adjacent to the new Panera Bread in newly developed Pinkerton Place. Both deals were brokered by NAI Norwood Group. Soon the road widening will be done, giving a smoother drive and a much cleaner look to one of Southern New Hampshire’s newest retail corridors.

NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.  Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 40+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit www.nainorwoodgroup.com. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603)668-7000 or 100 Market Street Suite 200, Portsmouth, NH 03801 (603) 431-3001.