Granite Commercial Real Estate

08/03/2026

🏗️ BUILD-READY MULTIFAMILY REDEVELOPMENT OPPORTUNITY — BERLIN, NH

🔨 Contractors and construction firms: Jericho Commons at 40 Jericho Road in Berlin, New Hampshire, offers an opportunity to take control of a fully approved and permitted 19-unit multifamily redevelopment project and move directly into construction planning.

📋 Project highlights:

• Fully permitted 19-unit multifamily redevelopment
• Existing building with concept plans for residential conversion
• Municipal water and sewer
• Sprinkler-equipped building and on-site parking
• Located in New Hampshire’s North Country near the Berlin/Gorham service hub and year-round outdoor recreation
• Well positioned for a contractor, builder, or development team seeking an approved project to carry through completion

📩 Plans, approvals, and additional project information are available upon request.

🔗 View the complete property brochure:
http://www.granitecre.com/wp-content/uploads/Jericho_Commons_-Berlin_NH.pdf

James Prieto
Granite Commercial Real Estate, LLC
Office: (603) 669-2770 Cell: (603) 867-3183
Email: [email protected]
www.granitecre.com

07/22/2026

NOW LEASING: NEW FLEX/INDUSTRIAL SPACE IN MERRIMACK!

A new flex/industrial opportunity is taking shape at 101 Herrick Street in Merrimack, NH, offering up to ±7,000 SF of divisible space in a convenient Southern New Hampshire location.

Property highlights:

• 21-foot clear height
• Clear-span warehouse area
• Three 12' x 12' grade-level overhead doors
• Customizable office and shop areas
• Easy access to Daniel Webster Highway and Exit 11 of the F.E. Everett Turnpike
• Asking lease rate: $16.00/SF NNN

The property is designed to provide flexible, functional space for a variety of business needs.
Click to download brochure:http://www.granitecre.com/wp-content/uploads/Merrimack_NH_101_Herrick.pdf
For additional information or to schedule a tour, contact James Prieto, Granite Commercial Real Estate at Office 603-669-2770, Cell: 603-867-3183 or [email protected].

05/01/2026

Granite Commercial Real Estate congratulates Affordable Small Engine Repair on their new location at 27B Crane Way in Hudson, NH!

James Prieto, Director of Real Estate at Granite Commercial Real Estate, worked with Affordable Small Engine Repair to identify and secure their new space. Chris Healey of The Boulos Company represented the landlord.

We wish Affordable Small Engine Repair continued success as they grow in their new Hudson location.

Looking to expand, relocate, or find the right space for your business? Contact Granite Commercial Real Estate at (603) 669-2770 or [email protected].

04/09/2026

We’re pleased to share that Granite Commercial Real Estate’s Director of Real Estate, James Prieto, has secured a new location for our client, ReVamp Companies, at 200 Gay Street, Manchester, NH.

Thank you to Dave Tanguay of Sperry-Commercial Real Estate Associates for representing the landlord and helping bring the transaction together.

We wish ReVamp Companies continued success as the leading provider of specialty floor coatings.

02/20/2026

Understanding Commercial Leases: Gross vs. NNN, Options & Common Pitfalls

Commercial leases aren’t just about the monthly rent—your total occupancy cost and the fine print can make a big difference over time. Here’s a quick guide to the basics:

GROSS vs. NNN (Triple Net)

Gross Lease: You pay a base rent, and the landlord typically covers most building operating costs (taxes, insurance, CAM).

NNN Lease: You pay base rent plus your share of taxes, insurance, and common area maintenance (CAM)—so the “rent” you see is not the full monthly cost.

Tip: Always ask for an estimate of NNN/CAM charges and expense history so you know the true monthly number.

OPTIONS (Flexibility that matters)

Look closely at:

Renewal options (and the notice deadlines—missing them can cost you)

How rent is set during renewals (fixed increases vs. “market rent”)

Assignment/sublease rights if you sell the business or need to sublet

Use clause (make sure it’s broad enough for your business to evolve)

Common pitfalls we see:

Focusing only on base rent, not total costs (NNN/CAM/utilities)

Unclear responsibility for HVAC, roof, and major repairs

Vague CAM definitions (what’s included and what’s not)

Signage, parking, or access terms that limit operations

Personal guarantees that are broader than expected

Quick checklist before you sign

Can you clearly answer:

What is my all-in monthly cost?

Who pays for big-ticket repairs?

How do rent increases work?

What are my renewal/extension options?

Can I assign the lease if I sell my business?

If you’re planning a new lease, renewal, or relocation and want help finding space or negotiating terms, contact Granite Commercial Real Estate, LLC at (603) 669-2770 or www.granitecre.com

02/12/2026

Selling your commercial property? Here’s what to expect during a tour.

Most tours are scheduled with advance notice and buyers may bring a broker, contractor, or engineer. They’re usually looking at:
✅ Parking/access & curb appeal
✅ Roof, HVAC, electrical, plumbing
✅ Layout & how the space functions
✅ Utilities (heat, water/sewer, internet)
✅ Zoning/compliance basics

Quick prep tips: clear walkways and mechanical areas, fix obvious small issues (lights/door hardware), tidy the entry/parking, and put away anything confidential.

Want help getting your property ready to sell? Contact us at Granite Commercial Real Estate, LLC — (603) 669-2770, [email protected]. We would love to speak with you! www.granitecre.com

02/06/2026

Leaseback 101
How to Sell Your Property and Keep Operating for a While
Selling your commercial property doesn’t always mean you have to move out right away. A sale-leaseback (often called a “leaseback”) lets you sell the real estate now while staying in place as a tenant for a defined period—giving you time to transition without disrupting operations.
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What is a leaseback?
A leaseback is a transaction where you:
1. Sell the property to a buyer, and
2. Lease it back from the new owner—often starting on the closing date.
You become the tenant; the buyer becomes the landlord.
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Why sellers use leasebacks-
Leasebacks are common when you want to unlock equity but still need runway to operate, transition, or plan your next step. Examples:
• Retirement or succession planning
• Time to relocate without rushing a move
• Cash to reinvest in the business or reduce debt
• Continuity for staff and customers while you plan next steps
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The key terms (what matters most)-
A successful leaseback is all about the lease details:
• Lease term: short transition (3–12 months) or longer operating term (3–10 years)
• Rent: typically aligned with market rent and/or the buyer’s return expectations
• Lease type: many buyers prefer NNN (triple net) where tenant pays taxes/insurance/maintenance
• Extension options: one or more renewal options can protect your timeline
• Repairs & maintenance: clearly define responsibility for roof, HVAC, parking lot, snow removal
• Security/guarantees: buyer may request a larger deposit or guarantee depending on financials
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Pros and trade-offs-
Benefits
• Access cash now while staying in place
• Can broaden the buyer pool (investors often prefer income-producing properties)
• A planned transition instead of a rushed relocation

Trade-offs
• You take on a lease commitment after the sale
• Rent set too high can strain operations; rent set too low can reduce buyer value
• You’ll have less control over long-term property decisions
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What buyers look for-
Buyers evaluate the tenant as much as the building. They typically want:
• Clear, supportable financials (ability to pay rent)
• A clean lease with defined terms and responsibilities
• Confidence in major systems (roof/HVAC) and zoning/compliance
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Quick checklist: is a leaseback a fit?
A leaseback is often a good option if you want to sell now, keep operating, and control your transition timeline—especially if your business has steady cash flow and you want flexibility while you plan what’s next.
If you’d like to explore whether a leaseback makes sense for your property, contact Granite Commercial Real Estate, LLC
at (603) 669-2770 or [email protected].

12/09/2024

🏢 Just Sold! 🏢
Granite Commercial Real Estate is proud to announce the sale of 106 Herrick Street, Merrimack, NH! This 1.51-acre property was expertly marketed by our Director of Real Estate, James Prieto, and we are pleased to have achieved a successful transaction.

A big thank you to Sue Ann Johnson and Dan Rasmussen of Cushman & Wakefield for representing the buyer and collaborating to make this deal a success!

We also want to thank Corey Knight of Ultimate Bimmer Services for giving us the opportunity to handle the sale of his property.

Looking to buy or sell commercial real estate? Reach out to us at (603) 669-2770 or [email protected] to learn how we can support your commercial property goals. www.granitecre.com

08/30/2024

05/30/2024

🎉 Exciting News! 🎉
We are thrilled to congratulate The Friendly Toast on their Grand Opening in the Daniel Webster Plaza in Nashua! 🥳

It's been a pleasure to assist with the site selection for this fantastic new location. We have enjoyed working alongside The Friendly Toast team, Bryan Wright at SRS , and Linear Retail Properties.

Here's to many successful years ahead for The Friendly Toast in Nashua! 🍳🥞

Granite Commercial Real Estate