NAI NORWOOD GROUP SELLS FORMER GRANITE ROSE EVENT CENTER

Hampstead NH – NAI Norwood Group is pleased to announce the sale of the former Granite Rose located at 22 Garland Drive in Hampstead, New Hampshire. The 32,000+ SF event and function center was sold on April 28, 2017 in the amount of $2,400,000 according to the NH Registry of Deeds. Matt Bacon, Pam Lynch, and Karl Norwood, from NAI Norwood Group, represented the seller. Matt Bacon also assisted the buyer.

“It was a pleasure working for the former ownership to bring another operator into the Northeastern US market to expand their brand and restore the facility to the functioning beauty that it was once known for,” said Matt Bacon. 

One of the challenges in selling this unique property was finding the right buyer. Matt Bacon reached out across the country in search of the perfect fit. The buyer, Z Golf Food & Beverage, provides management for golf course food and beverage and wedding & banquet services. Z-Golf operates a collection of banquet and meeting centers under the Wedgewood Wedding & Banquet Center brand. They have decided to keep the Granite Rose name, and it will become Wedgewood Granite Rose. By combining the nationally recognized Wedgewood name with the locally renowned Granite Rose, the center will be booked and back up and running very soon.

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 over 7,000 professionals, NAI Norwood Group is able to leverage their 48+ 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 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

NAI Norwood Group Supports The Salvation Army

NAI Norwood Group is pleased to have participated in the Salvation Army's bell ringing at Harvest Market in Bedford, NH. Thank you Jay Lee for corralling the team and getting us involved!

The Salvation Army operates 7,546 centers in communities across the United States. These include food distribution, disaster relief, rehabilitation centers, anti-human trafficking efforts, and a wealth of children's programs. Their work is funded through kettle donations, corporate contributions, and the sale of goods donated to our Salvation Army Family Stores. Eighty-two cents of every dollar they spend supports various missions across the country. Visit their website for more information:  http://www.salvationarmyusa.org/

Congratulations Karl Norwood

BEDFORD NH - NAI Norwood Group would like to congratulate Karl Norwood on receiving two awards at the 2nd Annual NHCIBOR Commercial Real Estate Awards. Karl was honored with the award for Suburban/Rural Deal of the Year which was for the disposition of the former Chester College in Chester, NH. The Industrial Sale of the Year award was given for the sale of 655 S Willow Street in Manchester NH. This was the former OSRAM Sylvania building which was comprised of 15 acres and over 300,000 SF.

NHCIBOR’s 2nd Annual New Hampshire Commercial Real Estate Awards were held on June 6, 2016 at The Puritan Backroom Function Facility in Manchester, NH. This event provides incredible recognition and publicity for the commercial real estate market and community in New Hampshire.  It is also a fundraising event for NHCIBOR Cares as a 501c3 organization.  Last year this event netted over $6,000 that was distributed to local non-profits throughout the state.

NAI Norwood Group Welcomes Jeff Lessard

BEDFORD NH - NAI Norwood Group is pleased to announce Jeff Lessard has recently joined the firm as a commercial real estate Advisor in the Bedford office. Jeff is a 2015 graduate of Saint Anslem College, graduating with honors as a member of the Dean’s list. While at Saint Anslem, Jeff was actively involved in numerous school activities, in addition to his active participation with local community & charitable organizations. Jeff initiated and spearheaded the efforts of Relay for Life, multiple St. Jude fundraisers and marketing foundations, as well as holiday food baskets for those in need.

As Jeff was interviewing with several other prominent commercial real estate firms, it became evident to Jeff that in order to succeed in this highly competitive business, as with high level athletics, the importance of surrounding himself with great teachers, mentors and coaches. “Going around to the other firms in the area, I recognized the importance of aligning myself with those that possess the same level of desire, passion and tenacity that I will bring to the firm. I met with a lot of great individuals, but to be honest, the level of dedication to training and one-on-one coaching is exactly what anyone new to this business needs to be successful over the long term. The Norwood family name is synonymous with New Hampshire commercial real estate. I am truly looking forward to great things with the Advisors and leadership at NAI Norwood Group. Something else that really impressed me is the level of comfort and family culture that is carried out by everyone at the firm,” said Lessard.

Jeff recognizes that since he is just starting what will be a long successful career in the commercial real estate industry, he needs to learn as much detail as he can about the differences between each sector of the industry in order for him to best serve his clients and fully understand and appreciate the nuances of each property type. Jeff looks forward to experiencing the depth and breadth of the Advisors experience he can always access at NAI Norwood Group, and the feeling is mutual. Said Karl Norwood, Founder and Principal of the firm bearing his name, “We are extremely proud to have Jeff join our Team. Along with two other recent additions to our Advisory Team, Jeff brings a level of enthusiasm and desire to learn that is refreshing and contagious by all! I’m confident our relationship together will be mutually gratifying and I am excited to follow the trajectory of Jeff’s personal and professional growth with our company.”

Jeff is actively involved in local and statewide business groups, chambers of commerce and other networking initiatives. He is extremely well versed at placing customer and client needs ahead of all else, having deep experience with customer service and exceeding expectations at his previous work related experiences.    

Jeff grew up locally and will initially focus his real estate activities in southern and central New Hampshire, bringing local business and community insight and tenacity to each assignment.

OSRAM Sylvania Building Sells in Manchester NH

Manchester NH – NAI Norwood Group is pleased to announce the sale of 655 South Willow Street in Manchester NH. Karl Norwood and John Hoben of NAI Norwood Group represented German based OSRAM Sylvania and their real estate advisor, DTZ, Inc. to successfully bring the property to the market, procure the buyer, and complete the transaction at a purchase price in excess of the marketing price.  The property was purchased by a joint venture of Brady Sullivan Properties, LLC and The Anagnost Companies, Inc. Realty and Development of Manchester.  According to the NH Registry of Deeds, the transaction was completed on October 26, 2015 in the amount of $4,200,000.

The 300,000+ SF multi-building manufacturing complex sits on 15+/- acres along Manchester’s South Willow Street retail corridor. The new proposed project includes adding another 10-12 retailers to the Queen City retail corridor and will bring jobs not only in the retail sector but in construction as well.

“We are pleased to have assisted OSRAM Sylvania in meeting their objectives,” said Norwood, “and are also heartened that the strong, local buyer team has embarked on an exciting reuse and redevelopment program for this important community asset.”   

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 45+ 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 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

New Climate Controlled Storage Facility in Sutton MA

Sutton MA – After months of planning and going through the motions of the approval process, NAI Norwood Group has successfully assisted Sutton Outlook Ventures, LLC in gaining the planning board’s approval for a new climate controlled storage facility in Sutton, MA.

The new facility is approved to be 81,000+/- SF and 479 climate controlled units. The other 37 units are non-climate controlled. There is a possibility for an expansion of an additional 10,500+/- SF with fifteen 700+/- SF units for RV and vehicle storage.

The facility will be located on Gilmore Drive just off Exit 5 on Route 146. The site was selected for MassEcon ReadyMass Top 100 Properties.

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 45+ 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 visitwww.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 Completes Sale of Former Chester College

Chester NH – NAI Norwood Group is pleased to announce the final sale of the former Chester College of New England. The parcel(s) contained four buildings totaling approximately 50,000sf, containing dining facilities, classrooms, library and dorm room space. The sale closed on August 28, 2015 in the amount of $1,530,000 according to the NH Registry of Deeds.

The buyer was Busch International, Inc. In addition to seeking accreditation from the State of New Hampshire, the school is hoping to make improvements to the campus. The company’s spokesperson, Lei Wang, said, “The campus will be used as a private school and it is planned to open in May 2016.” The private education facility will attract students from across the globe. Approximately 200 students ranging in grades from 7-12 will be living and going to school onsite with yearly rotating enrollment.

Chester College closed its doors in May 2012 as a result of the declining enrollment in a recessed economy. NAI Norwood Group’s Karl Norwood, Chris Norwood, and John Hoben, began marketing the campus in its entirety soon after the doors closed. Two parcels, each with significant buildings, were sold and repositioned quickly, prior to this most recent transaction.. NAI Norwood Group was pleased to have found an educational use for the remainder of the campus.

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 45+ 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 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

NAI Norwood Group Sells Former Nashua Courthouse

Nashua NH – NAI Norwood Group is pleased to announce the sale of the former Nashua Courthouse located at 25 Walnut Street. Judy Niles-Simmons and Karl Norwood represented the seller, the State of New Hampshire, in the transaction. According to the registry of deeds, the sale closed on June 18, 2015 for $720,000.

 The former Nashua -Courthouse, located at the Walnut Street oval, has a new owner, Walnut Nashua, LLC.  This downtown property is ready for its new life in the private sector.  The new owner had not revealed his plans for this 28,621+/- square foot building at the time of the sale. This former courthouse closed when the new facility opened at 30 Spring Street, Nashua NH.

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 45+ 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 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

NAI Norwood Group Sells Land in Hooksett NH

Hooksett NH - NAI Norwood Group is pleased to announce the sale 19.66+/- acres of land located at 1227 Hooksett Rd in Hooksett NH. The land was bought by the State of New Hampshire and will be redeveloped to house a National Guard facility. Charles Goss and Mark Dickey of NAI Norwood Group represented the seller, Hecht Development, and Karl Norwood assisted in the transaction. According to the registry of deeds the property sold for $750,000 on February 16, 2015.

1227 Hooksett Road (aka Route 28) is located next to the Space Entertainment Center and across from the Cinemagic/IMAX Theater. With close proximity to Interstate 93 the location was perfect for any type of business.

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 45+ 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 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

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Former Nashua Courthouse Back on the Market

This 28,621+/- SF asset is back on the market with a price reduction.

Click the link below to read Union Leaser's Avenues about the state building for sale.

Price dropped on downtown site of former Nashua courthouse

NAI Norwood Group Sells 10+ Acres in New Hampton

Bedford NH – NAI Norwood Group is pleased to announce the sale of 10.5+/- acres on Packard Drive in New Hampton. John Hoben, Chris Norwood, and Karl Norwood, of NAI Norwood Group, represented the seller, LW Packard & Company, in this transaction. The land sale closed at $142,000 according to the registry of deeds.

According to plans presented to the town, the property will be used for storage of fuel. This transaction represents the last sale in a long project of disposition of over 75 acres over four lots by NAI Norwood Group in New Hampton by a single seller. These parcels are important to small businesses because of their direct access to route 93.

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 45+ 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 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

Chris Norwood Named President of NAI Norwood Group

Bedford NH – Christopher Norwood, formerly Executive Vice President, has been named President of The Norwood Group, Inc. “I look forward to positioning the future of our business and living up to the high standards that has been the hallmark of our company mission statement,” stated Chris.

Chris, a graduate of Derryfield School and Babson College, joined the firm in 2003.  He is a past president of both the NE Chapter of CCIM and NHCIBOR. He is a board member of Manchester Community College.

The Norwood Group, Inc., founded in 1968 by Karl and Louise Norwood, celebrates 45 years in the real estate business.  Doing business as NAI Norwood Group, it is the largest commercial real estate brokerage firm in the state with offices in Bedford and Portsmouth.

Karl and Louise will remain active in the company:  "We are proud of our company team members and enjoy working with many colleagues within our industry."  In addition to brokerage Karl will continue to develop real estate projects along with other business ventures, including: TradeMed, an international medical device trading company, Ampenergo, which focuses on new energy technology, and other agricultural ventures.

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 45+ 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 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

NAI Norwood Group Sells State Owned Property

Concord, NH – NAI Norwood Group is pleased to announce the sale of 247-249 Pleasant Street in Concord. Judy Niles-Simmons and Karl Norwood of NAI Norwood Group represented the seller, State of NH Dept. of Administrative Services. The property was sold to Dartmouth Hitchcock on July 29, 2013 for $900,000 according to the Registry of Deeds.

The site included two buildings totaling 5,356+/- SF on .99 acres, and it situated directly across from Concord Hospital. The office buildings were part of the former homestead of Mary Baker Eddy, and were most recently used as office space by the city of Concord.

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.

NAI Norwood Group Announces Sale in Chester NH

Chester, NH – NAI Norwood Group is pleased to announce the sale of 20 Chester Street in Chester, New Hampshire. Two buildings totaling 10,115± SF were part of the sale by, Chester College of New England. The transaction closed on December 17^th and sold for $225,000, according to the Registry of Deeds. NAI Norwood Group represented the seller, Chester College of New England.

This is a 2.81 acre parcel of a former classroom and photo studio owned by Chester College of New England. The buyers received a variance from the town to place their antique business Bittersweet Blessings (www.bittersweet-blessings.com) in the property.  "This was a win-win-win, for the town, the school and the buyers", Chris Norwood of NAI Norwood Group commented, "it was great that the town worked with the buyers to keep this business in Chester, which we think preserves the village feel of the town.”  NAI Norwood Group continues to market the balance of the property, a 70 acre 5 building campus with library, dormitories and classroom space. There are many opportunities for reuse and redevelopment of the former Chester College campus in Chester New Hampshire. 

The small New England liberal art campus underwent substantial renovation in the mid 2000’s with numerous improvements in many of their buildings. Most of the upgrades were directed to code, life safety and energy enhancements which brought the campus up to date. The single largest and most recent expansion was the 2002 construction of Preston Hall, a 23,000± SF modern student residence hall.

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.