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The Kane Company Closes Sale of Raymond Industrial Property

Portsmouth, NH – June 2010 - The Kane Company is pleased to announce that the property located at 13 Center Street in Raymond, NH has been sold. This 52,000 SF industrial property is situated on a 10 acre lot and was formerly occupied by a plastics manufacturer. Fisher Auto Parts will now be using the building as a central warehouse for their expanding operations in New Hampshire, where they operate under the name of Robbins Auto Parts.

The new owners selected the property after an extensive search throughout southern New Hampshire. This property is ideally situated midway between Portsmouth and Manchester and is just off Exit 5 of Route 101. The property representative for the new owner noted “the property on Center Street is ideal for our business needs. The Kane Company did an excellent job throughout the process, keeping us informed and responding to our questions and requests. They went above and beyond in working with the former owner to have the property ready on schedule and move-in condition for us”.

Peter Billipp of The Kane Company represented the Seller and Joseph Kane of The Kane Company represented the Buyer.

Founded in 1981, The Kane Company is the leading commercial and industrial real estate services company in New Hampshire, southern Maine and northern Massachusetts. Offering brokerage, real estate development, property management and consulting services, The Kane Company stands apart with a reputation of providing the highest quality real estate expertise to its clients. Its market knowledge, value-added capabilities and unmatched transaction history have helped make it the leader in the commercial real estate field. For more about the company, or to view all listings, visit www.netkane.com.

The Kane Company represents Riverview Industrial Park, Middleton, MA in 17,285 SF Build-To-Suit

Middleton, MA – July 20, 2010 - As the exclusive agent for Riverview Industrial Park, LLC, Anthony Triglione, Broker, with The Kane Company, Inc. announces the sale of Building B – a 17,285sf free-standing, build-to-suit industrial condominium.

“There was very limited availability of inventory for this size and type property for sale in the Danvers/Middleton area and we knew that the market would respond accordingly. In addition, the efficient design/build process and quality construction by DiGiorgio and Messina Construction really helped in the sales process”, says Triglione.

Developed in 2009, Riverview Industrial Park, located just off Rt 1 & 114 in Middleton, MA has only 12,000 sf remaining for sale/lease from its originally permitted project of 80,000 sf +/-.

“We knew we would have a successful project, even in this economy, because of our excellent location, versatile product with 24’ ceilings and limited supply of industrial properties for small-medium size businesses. Plus, since the spaces are currently in “shell condition” we can easily customize the spaces to match the office and industrial requirements of the user”, comments developers Ralph DiGiorgio, Anthony Messina, and Mick Lafata.

Financing was arranged by North Shore Bank and the buyer, Tool Technology, Inc. was represented by Chris Everest, of Norlund Associates.

The Kane Company sells 15,000 SF Building in Newburyport Industrial Park

Newburyport, MA – December 3, 2009 - Anthony Triglione, Broker, with The Kane Company, Inc. has recently completed the sale of 6 Mulliken Way in Newburyport, MA. The 15,000 sf manufacturing facility was formerly occupied by Northeast Quality Products. It sold for $ 850,000 and is now going to be utilized for storage by neighboring company, Strem Chemical. The 20+ year old building had limited market interest because of its low clear height and high percentage (30%) of dated office space. “The buyer had previously passed on purchasing the property several years ago but due to a significant price reduction from the Seller and Strem’s immediate need for additional warehouse space, the transaction was brought to a successful close”, says Triglione.

The Kane Company Sells Circuit City Building to Ocean State Job Lot

Portsmouth, NH – October 2009 – Ocean State Job Lot has purchased 34,960 +/- SF of retail space at 1700 Woodbury Avenue, Portsmouth, NH. Ocean State Job Lot is New England's "Home of Adventure Shopping.SM" Millions of Job Lot customers enjoy hunting for quality brand name merchandise at closeout prices. Ocean State’s merchandise selection not only consists of a variety of manufacturer's overruns, overstocks and packaging changes, but also includes many areas where buyers have determined that "great values" exist in the marketplace. Ocean State is constantly on the hunt for special deals, allowing them to offer quality brand name merchandise at closeout prices. Lisa A. Kane of The Kane Company procured the tenant and Kent White of CBRE Richard Ellis listed the property.

The Kane Company Sells 62,000 SF Office/Warehouse Facility

The Kane Company is pleased to announce the sale of the industrial property at 45 Center Road in Somersworth, NH. This modern, 62,000 SF office/warehouse facility is located on a 7.3 acre parcel and was built and occupied by Russell Stover Candies of Kansas City, MO. The property was recently sold to H & E, LLC. Peter Billipp of The Kane Company represented Russell Stover Candies and procured the Buyer.

The Kane Company Leases 6,178 SF of Retail Space to Trek Bicycles Portsmouth

TREK COMES TO PORTSMOUTH

The Kane Company Leases 6,178 SF of Retail Space

Portsmouth, NH – May 28, 2009 – Trek Bicycles Portsmouth has leased 6,178 square feet of retail space at the Lafayette Plaza, located at 775 Lafayette Road in Portsmouth, NH, from Lafayette Partners of Michigan LP. Jody Skaff of The Kane Company listed and leased the space.

Trek Bicycles Portsmouth, specializing in the sale and maintenance of bicycles and merchandise related to the cycling industry, will be locally owned and operated. This full-service cycling store, which will be exclusive for the Greater Portsmouth area, will be in partnership with Trek Bicycle Corporation, based in Waterloo, Wisconsin. Cycling products from companies such as Trek, Gary Fisher, Guru, Shimano, Oakley, and Giro, among other brands, will be featured. Trek has the expertise to meet the needs of the most experienced cyclist but will also cater to every member of the family. Finding the right size and type of bicycle for each person’s needs is what Trek does best. Cycling champion Lance Armstrong won all seven of his Tour De France victories on a Trek bike.

At Trek Bicycles Portsmouth, there is a special focus on the female athlete, offering a range of bicycles and clothing specifically suited for women. Trek will also offer services such as spinning, indoor winter training for the cyclist, and professional fitting. Scott Berger, who has been operating Berger’s Bikes in York, Maine for over 20 years, will be the General Manager.

The Kane Company Delivers New Dining to Concord

The Kane Company Delivers New Dining to Concord

O Steak & Seafood, currently operating in Laconia, is adding a second location in Concord at Capital Commons. This award-winning restaurant, upscale yet warm and welcoming, specializes in steaks, seafood, sandwiches and salads. It will offer full bar service, including a wide range of select wines. The Concord location will include a casual bar area, outdoor seating and a private dining club component which is a new concept for Concord.

Scott Oullette, owner/chef, has been in the restaurant business for over 20 years. He has opened three restaurants (Canoe, O Steaks & Seafood, and The North End Restaurant) as well as a catering division, (Magic Food Productions) in the Lakes Region area over the last seven years. Scott was looking for another opportunity in New Hampshire when The Kane Company introduced him to the Capital Commons property in Concord.

Margot McKean and Jody Skaff of The Kane Company first toured Ouellette through the space in April of 2008 after McKean had visited the Laconia restaurant and knew it was the right fit for Capital Commons. They promptly introduced Ouellette to Capital Commons Owner Michael Simchik and the negotiations to bring this restaurant to Concord began immediately. The restaurant is scheduled to open in November of 2009.

See www.osteaksandseafood.com and www.netkane.com for more information about the restaurant and The Kane Company.

ProDev, Inc., purchases 21,000 SF industrial building at Salisbury Industrial Park

Triglione of Kane Company sells 21,000 SF Building to ProDev, Inc., pushing total sales at Salisbury Industrial Park over 101,000 SF.

Salisbury, MA – February 19, 2009 -Anthony Triglione, Broker, with The Kane Company, Inc. has recently completed the sale of 5 Fanaras Drive in Salisbury Massachusetts to ProDev. This sale represents the final property disposition for Salisbury Industrial Park, LLC, where Triglione has sold 3 buildings over the last 2 years totaling 81,000 SF.

ProDev, Inc., previously headquartered in Seabrook, NH, had outgrown their facility. They had been looking for the perfect facility for several years and had made several unsuccessful bid attempts for other properties. After engaging The Kane Company as their Exclusive Buyer Representative, Triglione negotiated a deal with Salisbury Industrial Park, LLC in an off-market transaction.

According to Stan Kench, Vice President and General Manager of ProDev, Inc., “we were attracted to this location in the Salisbury Industrial Park because of the low property tax rates and the great highway access for our employees who commute from Southern New Hampshire and North Shore Massachusetts”.

Financing was arranged by Eastern Bank and the Small Business Administration.

This transaction brings the total square footage of property successfully leased or sold by Triglione and The Kane Company in the Salisbury Industrial Park to 101,000 sf.

Founded in 1981, The Kane Company is the leading commercial and industrial real estate services company in New Hampshire, southern Maine and northern Massachusetts. Offering brokerage, development, real estate development, property management and consulting services, The Kane Company stands apart with a reputation of providing the highest quality real estate expertise to its clients. Its market knowledge, value-added capabilities and unmatched transaction history have helped make it the leader in the commercial real estate field.

The Kane Company leases over 75,000 SF at Portsmouth Commerce Center

Portsmouth, NH – May 1, 2008 – Pannaway Technologies has leased 27,350 SF of office space at 230 Commerce Way from Dornoch, LLC. Pannaway provides fixed networks and mobile solutions to allow individuals to connect and share media on a worldwide basis. Pannaway has relocated within Portsmouth Commerce Center to an upgraded space that is laid out more efficiently and effectively for their use. Margot McKean and Bob Marchewka of The Kane Company listed and leased the space.

InTown Veterinary Group has leased 15,728 SF of office space at 215 Commerce Way from Tain Properties LLC. InTown Veterinary Group is a Massachusetts based company with four locations in northern Massachusetts. They will be opening a 24-hour, 7-day a week emergency and critical care referral hospital in Portsmouth. Margot McKean of The Kane Company listed the space and Tad Lee of Meredith & Grew in Boston procured the tenant.

Irving Oil has renewed their lease for 29,332 SF of office space at 190 Commerce Way and 170 Commerce Way from Commerce Center Trust LLC. Irving Oil is headquartered in Saint John, New Brunswick, Canada, with United States marketing operations in Portsmouth, NH. Margot McKean of The Kane Company negotiated the lease renewal on behalf of Commerce Center Trust LLC.

Robert Half International has renewed their lease for 2,635 SF of office space at 230 Commerce Way from Dornoch, LLC. Robert Half International is a worldwide staffing placement company that specializes in finance/accounting, technology, legal, administrative, and marketing/creative staffing services. Margot McKean and Bob Marchewka of The Kane Company negotiated the lease renewal on behalf of the Landlord; Margaret O’Brien of CBRE-New England negotiated the lease renewal on behalf of the Tenant.

Portsmouth Commerce Center offers premier office space in a convenient Portsmouth location, just off of I-95’s Exit 7. The office park amenities include an onsite extended stay hotel, Hilton Homewood Suites, COAST bust service, onsite management and security, ample parking, and close proximity to restaurants, services, shopping, and downtown Portsmouth. Contact The Kane Company for current availabilities.

Founded in 1981, The Kane Company is the leading commercial and industrial real estate services company in New Hampshire, southern Maine and northern Massachusetts. Offering brokerage development, real estate development, property management and consulting services, The Kane Company stands apart with a reputation of providing the highest quality real estate expertise to its clients. Its market knowledge, value-added capabilities and unmatched transaction history have helped make it the leader in the commercial real estate field.

CR Electronics purchases a 27,000 SF building on 2.0 acres in Seabrook, NH

Seabrook, NH – August 18, 2008 – CR Electronics, Inc. has purchased 27,000 SF of industrial/warehouse space at 139 Folly Mill Road from Greybar Enterprises. Established in 1991, CR Electronics is a New England based company that provides network solutions to small businesses and custom configures personal computers. Joseph Kane of The Kane Company listed the property and procured the buyer.

Great Bay Buffet leases 7,120 SF of retail/restaurant space in Newington, NH

Newington, NH - January 21, 2009 - Great Bay Buffet has leased 7,120 SF of retail/restaurant space at 5 Piscataqua Drive in Newington from Smokey Bones. This premier restaurant features Chinese, Japanese and American cuisine and offers an all you can eat, freshly prepared, lunch and dinner buffet. This is Great Bay Buffet's second location opened in NH; its other location is on South Willow Street in Manchester, across from The Mall of New Hampshire. Lisa Kane of The Kane Company listed and leased the space, in addition to procuring the tenant.

Alpha Flying, Inc. Leases 13,600 SF in Portsmouth, NH

Portsmouth, NH – June 30, 2008 – Alpha Flying, Inc. has leased 13,600 SF of office space at 325 Corporate Drive from 325 Corporate Drive, LLC. The company, started in 1992, manages a privately-held fractional aircraft ownership firm operating a fleet of 29 aircraft. Alpha Flying moved into a newly constructed 84,000 SF hanger/office facility at Flightline Road in November of 2007 and quickly found a need for additional office space to support its growing operations department. Margot McKean and Bob Marchewka of The Kane Company listed the space and represented the owner of the building.

The Kane Company sells 7.8 Acres of land in Newington NH

Newington, NH – July 7, 2008 – Bharat Patel has purchased 7.8 acres of land in Newington, New Hampshire from Tyco Integrated Cable Systems, Inc. Mr. Patel will build a La Quinta Motel. The groundbreaking will be March of 2009 with the Grand Opening one year later. He is looking forward to coming to the Portsmouth area. Katherine Williams Kane of 10Rep, LLC and Michael Scimo of CB Richard Ellis listed the property. Joseph Kane of The Kane Company was the Broker for the buyer. Founded in 1981, The Kane Company is the leading commercial and industrial real estate services company in New Hampshire, southern Maine and northern Massachusetts. Offering brokerage development, real estate development, property management and consulting services, The Kane Company stands apart with a reputation of providing the highest quality real estate expertise to its clients. Its market knowledge, value-added capabilities and unmatched transaction history have helped make it the leader in the commercial real estate field. For more about the company, or to view all listings, visit www.netkane.com.

Lavender Loft, LLC purchases 11,368 SF Industrial Building

Exeter, NH – July 7, 2008 – Lavender Loft, LLC has purchased an 11,368 SF industrial building situated on 2.3 acres of land at 64-70 Epping Road from Anna and Grace, LLC. Bob Marchewka of The Kane Company listed the property and Dudley Clark of Shanley Realtors represented the buyer. Founded in 1981, The Kane Company is the leading commercial and industrial real estate services company in New Hampshire, southern Maine and northern Massachusetts. Offering brokerage development, real estate development, property management and consulting services, The Kane Company stands apart with a reputation of providing the highest quality real estate expertise to its clients. Its market knowledge, value-added capabilities and unmatched transaction history have helped make it the leader in the commercial real estate field. For more about the company, or to view all listings, visit www.netkane.com.

The Kane Company Sells Student Housing Complex

Durham, NH – June 30, 2008 – Tom & Elizabeth Robinson have purchased a 26-unit student housing complex at 5 Dennison Road from the Marcia I. Nescot Revocable Trust who developed the property in 1947. Bob Marchewka of The Kane Company represented the seller. LeeAnnParks of RE/MAX All Points Realty represented the buyer.

Alex Lauchlan joins Kane as Land Development and Corporate Relocation Specialist

Alex Lauchlan recently joined the Kane Company after spending over 20 years in the oil and gas industry. During his time in the field, he was responsible for facilitating the construction of oil and gas transmission lines all over North America, as well as for the installation of industrial, engineering, and oil and gas facilities worldwide.

Alex was also the CEO of BroadcastAmerica.com, a start –up company where he was responsible for securing institutional funding and supervising the overall operations of the company.

Alex will focus his efforts helping regional companies with their local and global real estate needs, while also using his broad experience to help land owners develop their properties.

StateFarm Insurance Company relocates for higher visibility in Eliot ME

Statefarm Insurance Company has leased 1,200 SF of office space in Eliot Commons Professional Park, Eliot, ME, to increase their visibility. Peter Billipp of The Kane Company leased the space.

AAA Northern New England relocates their Portsmouth, NH office

AAA Northern New England, has leased 2,850+/-SF of retail space in the Bowl-O-Rama Plaza on Lafayette Road in Portsmouth. AAA Northern New England provides road side assistance as well as insurance and travel services. AAA hired The Kane Company to help find suitable alternative locations for their operations, as their former office was in the Parade Mall which is planned for redevelopment. Vanessa Rozier of The Kane Company represented AAA in this transaction and Fred Attalla of Points Nor’East represented the Landlord.

Kane hired as leasing agent for 125,000 SF retail plaza in Pelham, NH

Pelham Plaza, the 125,000 square foot community shopping center on Route 38 in Pelham, New Hampshire, is under new ownership. Rubicon Real Estate of Wellesley, MA purchased this popular Hannaford Bros. anchored plaza and has hired The Kane Company to market the available retail and office space.

Located just minutes from the Massachusetts border, the businesses in the plaza benefit from the New Hampshire “no sales tax” advantage, as well as the continual increase in population in New England’s fastest growing state. In addition to Hannaford, tenants such as Sovereign Bank, Radio Shack, Quiznos, Dunkin’ Donuts, Hallmark, a post office and state liquor store all contribute in generating daily traffic to the site. Space is available from 1,300 square feet up to 21,000 square feet.

“Pelham Plaza is a well-positioned asset in the growing southern New Hampshire Market. Hannaford is a terrific anchor and one of the best operators in the business,” said J.P. Fine, principal of Rubicon Real Estate Holdings LLC, the owner and manager of the property. “Available space at Pelham Plaza represents an opportunity to be located at an established shopping destination alongside other high-performing tenants.”

Most visible retail site in NH now fully permitted!

Portsmouth’s highly traveled traffic circle that borders the main thoroughfares of Interstate-95, the Spaulding Turnpike (Route 16/4), and Route 1 North and South is about to undergo a major commercial and retail transformation.
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