Richard Lannan began his real estate career in residential brokerage in 1978.  Six years later he formed a commercial brokerage company, which quickly turned into the acquisition arm for a large real estate investment firm in Nashua, NH.  In a short period of time the company acquired over 2,000 apartment units and developed several shopping centers, office buildings, and hundreds of acres of land for residential development.

 

In 1986, he became a partner in an entity which focused on Factory Outlet Shopping Centers nationwide.  The company developed shopping centers in Arkansas, South Carolina, Pennsylvania, and New Hampshire totaling over 500,000 square feet.  The team was highly respected nationally, while he was on the National Board of Directors for the "Developers of Outlet Centers" and chaired several national committees. 

History of The Lannan Company, Inc.

The Lannan Company, Inc. was formed in 1996 and is the “umbrella” entity and management arm of all the properties in our portfolio. We have purchased several investment properties including manufactured housing communities, apartments, commercial buildings, and commercial and residential land, which we ultimately obtained the necessary approvals for over 300 units and several retail outlets, including pharmacy and restaurant locations.

The Lannan Company, Inc. currently manages over 350 rental units and all of the land development projects.  Acquisitions, financing, approvals, marketing and construction management are just some of our responsibilities. We strive on active and responsive management and hope to continue the acquisition of residential and commercial properties for many years to come.