Vol.41, No.43
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W E E K O F M O N D A Y, O C T O B E R 2 8 , 2 0 1 9
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
PIONEER PROJECT
Seabrook
20 SPUR RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5,250,000 B: Seabrook Hospitality LLC S: Seabrook Spur Rd Hotel LLC Mtg: Kennebunk Svgs Bank $3,975,000 Use: Hotel, Lot: 76117sf
Manchester
1358 ELM ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,250,000 B: Croydon Holdings LLC S: David A Moore TR, TR for Granite National Prop RT
Alton
State’s First Mass Timber Building Breaks Ground Near Portsmouth New Material in Spec Structure Promises Environmental, Aesthetic Benefits BY JOY CHOQUETTE SPECIAL TO THE REGISTRY REVIEW
277 TRASK SIDE ROAD. . . . . . . . . . . . . . . . . . . . . . . . $1,600,000 B: James L Jacobs 2nd Tr, Tr for James L Jacobs 2nd T S: Ann M Beaudoin
Portsmouth
SAGAMORE AVE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,380,000 B: Wentworth Corner LLC S: Lucky Thirteen Properties LLC
Moultonboro
19 SPRING HILL RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $1,134,000 B: Michael E Murphy Tr, Tr for Murphy-Daniel FT S: Steven Bragg Mtg: First Republic Bk $689,000 Use: 4 Bdrm Cape Cod, Lot: 109336sf
Londonderry
7 NASHUA RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,030,000 B: RGGS Realty LLC S: 7 Nashua Road LLC Mtg: Everest Group LLC $728,000 Use: Gas/service Station, Lot: 18533sf
Lyme
2 ON THE COMMON . . . . . . . . . . . . . . . . . . . . . . . . . . . . $985,000 B: Michael R Obrien & Tracy J Obrien S: Thomas R Hunton & Shannon A Munger Mtg: Title Mtg Solution $788,000 Use: 4 Bdrm Antique, Lot: 60984sf
Wolfeboro
65 SUMMER LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $950,000 B: Martha W Johnson Tr, Tr for Johnson FT S: Mary P Deane Tr, Tr for Mary Patricia Deane RET Use: 3 Bdrm Camp/cabin, Lot: 21780sf
Durham
43 STAGECOACH ROAD. . . . . . . . . . . . . . . . . . . . . . . . . . $935,000 B: Suzanne N Levy Tr, Tr for Suzanne N Levy RET S: Michael D Lane Tr, Tr for Lane FT
Plaistow
88 PLAISTOW RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $900,000 B: 88 Plaistow Road LLC S: MBT Holdings LLC Use: Commercial Devlpble Land, Lot: 814136sf
A
new spec office building rising from the earth in Newington is testing a construction material gaining popularity around the world which, its backers say, can help fight climate change. Gov. Chris Sununu, local officials, representatives from local businesses and others gathered on Oct. 17 to participate in the groundbreaking for Farley White Interests’ new mass timber building, the first of its kind in the state. The building site, at 90 Arboretum Drive on Newington’s side of Pease International Tradeport, will soon be home to a 72,000-squarefoot class A office building. SGA Architects of Boston designed the structure. Mass timber buildings may be new to New England, but they certainly aren’t new in the field of construction. In Portland, Oregon, mass timber buildings have grown in popularity in recent years. While the growing interest is newer to the U.S., the use of mass timber building has been popular in Europe for many decades. Mass timber has two advantages over traditional building materialsaccording to Denis Dancoes, senior director at Cushman & Wakefield. First, Dancoes stated, is the eco-friendly makeup of the material itself. “When creating concrete and steel you’re emitting significant carbon emissions,” Dancoes said. “When you harvest wood for mass
REAL ESTATE RECORDS
$280,000 280000
3 Belknap ���������������������������� 10/15/19 4 Carroll ���������������������������� 10/15/19 4 Cheshire ������������������������ 10/15/19 5 Coos �������������������������������� 10/15/19 5 Grafton ���������������������������� 10/15/19 6 Hillsborough ������������������ 10/15/19 9 Merrimack ���������������������� 10/15/19 10 Rockingham ������������������ 10/15/19 12 Strafford ������������������������ 10/15/19 13 Sullivan �������������������������� 10/15/19 13 Bankruptcies 13 Lien & Attachments 14 Foreclosure, Mortgagee & Other Lien Auctions 14 Requests for Bids & Proposals
$260,000 260000 $240,000 240000 $220,000 220000
Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jan. Jan. Feb. Feb. Mar. Mar. Apr. Apr. May May June June July July Aug. Aug. Aug. ’18
’19
Number 320000 of Sales $320,000 270000 $270,000 220000 $220,000 170000 $170,000 120000 $120,000
Aug.
Aug. ’15
Aug.
Aug. ’16
Aug.
Aug. ’17
Aug.
Aug. ’18
Aug.
Aug. ’19
Continued on Page 16
TO OUR READERS
T
$320,000 320000 $300,000 300000
TRANSACTIONS THRU
Mass timber’s aesthetic appeal offers developers another benefit. Its large beams are strong enough to span comparable distances to steel and concrete, and when left exposed give even new buildings the look of a century-old mill building.
Single-Family Median Sales Price
INDEX PG COUNTY
timber, you are sequestering the carbon in the material that you’re using to build the building.” Marketing materials for 90 Arboretum Drive describe mass timber construction as generating around one-third the carbon dioxide as steel or concrete.
NEW HAMPSHIRE MARKET STATISTICS
Bedford
48 SETTLERS CT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $899,000 B: Jamie E Stasko & Kara P Stasko S: Suzanne M Hunt Tr, Tr for Suzanne M Hunt RET Mtg: United Wholesale Mtg $719,200 Use: 4 Bdrm Colonial, Lot: 91476sf
A building going up at Pease International Tradeport is using an innovative construction material called “mass timber,” which backers say provides similar or better performance to steel and concrete while producing much less carbon dioxide.
Year
Median Price
Change Prior Year
Aug. 2015
$242,267
7.67%
Aug. 2016
$250,000
3.19%
Aug. 2017
$259,533
3.81%
Aug. 2018
$273,000
5.19%
Aug. 2019
$295,000
8.06%
q Statistics based on single-family home sales of $1,000 q Source: The Warren Group
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he Registry Review is online! After more than 40 years as a printed newspaper, all of the real estate information you rely on is now available at www.theregistryreview.com. (There are no plans to cease publication of the newspaper.) All current subscribers have complimentary access to the website. When you first visit the site, please click the “forgot password” button to set up your account. If you have any problems please call or email customer service at 617-896-5388 or customerservice@thewarrengroup.com. If you have any feedback or would like to contribute content, please email editorial@ thewarrengroup.com. Sincerely, Cassidy Norton Associate Publisher The Warren Group