Concord City Council endorses plan to sell former DES building for $350,000 and pay for asbestos clean up
An architectural rendering of the future Flatley Apartments shows the Northeast and Southeast corners of the building on S. Main Street and Fayette Street. City of Concord
An architect s rendering of the building shows the Southwest and Northwest corners of the building on Fayette Street and S. State Street. City of Concord
A site plan for the new Flatley Apartment building shows an aerial view of what the space will look like, with Fayette Street running along the top, S. State Street on the left, S. Main St. on the right and the Eagles Club building at the bottom. City of Concord
Report: NH commercial real estate has lingering questions
Published: 1/30/2021 7:59:20 PM
When it comes to commercial real estate in New Hampshire, the outlook for different sectors is mixed, with the industrial market still looking strong, but demand for office space unsettled.
That’s the verdict from Colliers International, which has released its Q4 Market Insight report.
The report points out that, at the start of 2020, occupancy rates in New Hampshire’s office and industrial markets were strong – above 92%. After a year of the pandemic, the occupancy rates remain 90% – a “slightly reassuring figure,” according to the report – but there are still big questions remaining about what the lingering effects of the COVID-19 pandemic will be on commercial real estate.
NH Business Review
New report from Colliers points to lower occupancy rate, lingering questions
January 27, 2021
Source: Colliers International
Editor’s note: This article has been corrected. The proposed Hudson Logistics Center is still in the approval process.
When it comes to commercial real estate in New Hampshire, the outlook for different sectors is mixed, with the industrial market still looking strong, but demand for office space unsettled.
That’s the verdict from Colliers International, which has released its Q4 Market Insight report.
The report points out that, at the start of 2020, occupancy rates in New Hampshire’s office and industrial markets were strong – above 92%. After a year of the pandemic, the occupancy rates remain 90% – a “slightly reassuring figure,” according to the report – but there are still big questions remaining about what the lingering effects of the Covid-19 pandemic will be on commercial real estate.
NH Business Review
Developer seeks more time to address groundwater concerns
January 14, 2021
The John J. Flatley Company’s planned 100,000-square-foot research and development complex in Merrimack has been stalled to meet concerns over potential groundwater contamination.
The Union Leader reported that Kevin Walker of the Flatley Company said the developer is seeking an indefinite continuance for its site plan application to give the company more time to resolve issues with DES.
The company says it needs additional time for the three-building R&D project as it works with the New Hampshire Department of Environmental Services on issues associated with groundwater contamination on the 45-acre site. The site abuts the Saint-Gobain Performance Plastics plant, where PFAS emissions from the factory have contaminated hundreds of wells in the area.
John Flatley Company proposes 336 unit apartment complex in Saco neighborhood
An online neighborhood meeting hosted by the company is set for 6 p.m. Thursday, Jan. 14.
Share
This computer screenshot of a 48-unit apartment building recently constructed by the John Flatley Company in Merrimack, N.H., is similar to one of the seven buildings proposed for a 56.7 acre lot in Saco off Lincoln and Bradley streets.
Courtesy Image
SACO Neighbors of a proposed 336-unit apartment complex off Lincoln and Bradley streets in Saco on land currently owned by the Lucinda Kimball Deering Trust will get another chance to ask questions at an online meeting with the developers on Thursday, Jan. 14.