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State Business Recruitment Team Takes to the Road

Friday, July 2nd, 2010

Nearly 30 commercial real estate brokers recently joined the New Hampshire Division of Economic Development’s business recruitment team on a regional bus tour of available facilities in Farmington, Rochester, Dover, Somersworth and Portsmouth.

“Telling someone about a great site for a business expansion or relocation is one thing, but showing them allows them to get a real feel for the property,” said New Hampshire Division of Economic Development Interim Director Roy Duddy. “In addition to providing an overview of available commercial real estate, we also had a captive audience to speak to about free State services that can help their clients’ businesses to thrive in New Hampshire.”

broker-tour-june-2010-farmington-to-pease-013Sponsored by Public Service of New Hampshire, the Summer Real Estate Tour gave participants insight into larger commercial projects taking place throughout the state and also provided introductions to economic development representatives from each municipality. While on the bus route between stops, State Business Development Manager Michael Bergeron gave a presentation on area demographics, labor needs and housing trends.

“I found the economic development representatives from the Seacoast towns to be very informative and positive in their presentations,” said Leonard, Lee & Company Vice President Pam Lynch. “I was very impressed to see the amount of new construction and business expansions in the area, especially in the manufacturing and medical office sectors. Those are the types of jobs that will drive New Hampshire’s economic recovery.”

“Vowing to learn at least one new thing every day, I was ecstatic to have attended the bus tour,” added Bob Anderson of Prudential Verani Commercial. “With experts from many different Seacoast cities and towns, this was a very eventful and informative trip.”

Public Service of New Hampshire Economic & Community Development Manager Pat McDermott welcomed the chance to participate after helping to coordinate similar tours in the North Country as well as southern New Hampshire.

“Providing commercial real estate brokers with the information they need to make wise decisions for their clients creates economic development opportunities in New Hampshire,” McDermott said. “New businesses mean new jobs and increased economic prosperity for all citizens.”