Generalist, Industrial, Investment
Scope of Service Experience
Karl Norwood?s real estate experience is multi-faceted, from multi-family to office and industrial properties. In business for over 38 years, he has been actively involved in all forms of commercial brokerage, negotiating on behalf of both landlords and tenants. His relationships with international clients have led to consulting assignments and joint ventures. The firm has developed, managed and/or owned over $100 million dollars of residential, commercial and industrial properties. In the last several years the firm has developed over 200,000 square feet of self-storage space.
Background & Experience
Karl Norwood, President of NAI Norwood Group, founded the company in 1968 with his wife, Louise. Headquartered in Bedford, New Hampshire, the company provides specialized brokerage and development services throughout New Hampshire. The firm also provides outsourcing of real estate services to major corporations in North America.
Clients include, BBA Group, BTR Sealing Systems Group, Elliot Hospital, FCI USA, Inc., Home Depot, J. Jill Group, Marriott Courtyard, Signature Flight Support.
Professional Associations & Designations
SIOR - past president of New England Chapter
CCIM - past president of New England Chapter
NH-CIBOR - Commercial Investment Division of NH Association of Realtors
Licensed in New Hampshire and Massachusetts
Mr. Norwood is past chairman of both the Greater Manchester Chamber of Commerce and New Hampshire Easter Seal Society. He is an incorporator of the New Hampshire Charitable Fund, a member of the Elliot Hospital board of directors and a trustee of Amoskeag Industries.
Assignments from international clients have included the sale of three aircraft hangars in Florida, a 92,500+/- SF warehouse in Texas, and industrial property in the U.S. and Canada.
The firm has been involved with numerous airport authorities regarding development, sale and lease negotiations.
Other transactions include:
Sale of 38 acres of industrial land in Londonderry, New Hampshire to FCI USA, Inc.
Sales of 406,000 sf, three-unit complex on 42 acres in Hudson, New Hampshire
Sale of 330 acres for New Hampshire College for $4,790,000
Sale of former Lakeshore Hospital to Easter Seals New Hampshire, Inc. for $9,250,000