Even with a strong Holiday season at the end of 2019, brick and mortar stores have been struggling to increase in-store sales and compete with online giants. Coming into 2020, experts anticipated that there were going to be a number of store closings in addition to the previously announced upcoming closings.
In this installment of Market Monday, we're looking at industrial properties in New Hampshire through the beginning of 2020 and how they may fair through the first half of the year.
To protect the health and well-being of our agents, staff and community, and after careful consideration, Berkshire Hathaway HomeServices Verani Realty's Leadership Team has made the decision to reduce our regional offices to minimal staff effective at the end of day on Friday, March 20th. Verani Realty Commercial in Londonderry will be staffed by the department director and the administrator for the time being. Should this change, we will update as soon as possible.
Lucciano‘s Italian Ristorante & Bar has leased 5,100+/- SF adjacent to Shaw’s Supermarket. Owned and operated by Tina and Lou Hatsiandrou the new space is almost triple the size of their previous restaurant where they built up a local following and reputation for offering gluten free pastas and baked goods for 20 years. The new restaurant has 164 seats and a custom-designed wooden bar top that seats an additional 18 guests.
Verani Realty Commercial Division, Londonderry, NH - 03.09.2020 - Berkshire Hathaway HomeServices Verani Realty's Commercial Division is excited to announce that Senior Advisors Michael B. Charron and Joan Blais have been recognized for their outstanding achievement within the Berkshire Hathaway national network of real estate agents for 2019.
Multi Family Market Monday update!
While the multi family market remains strong into 2020, February did see a little dip in average selling price AND the number of 4+units sold.
This is the first weekly installment of "Market Monday" and to kick it off, we're taking a quick peek at some trends in the Office sector for February for NH.