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"it's easy being green"

 
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Strategic Development. Family Business.

Lyme Properties is a West Lebanon, NH-based Real Estate Development company that focuses on the master planning, permitting, and execution of transformative real estate projects, grounded in a philosophy of community-conscious development. We pursue projects that create triple bottom line value, in the belief that the best projects help rise the tide for all.

We develop, partner, and/or JV with like-minded companies and property owners. Let us pitch you.

 
 

Who We Are

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Chet Clem

President

As President of Lyme Properties, Chet is responsible for the strategic direction, planning, and marketing efforts of all Lyme projects. Chet has worked for Lyme Properties in various capacities since 2009, before rejoining the company full-time in 2019. He previously led master planning, community engagement, and redevelopment efforts for a private real estate development company in Quincy, Massachusetts. Before entering the real estate world he was the Editorial Manager of The Onion, a comedy writer, and strategy consultant.

Chet has a BA in Environmental Policy from Bates College where he wrote a thesis on hydroelectric dam relicensing as an opportunity for environmental and economic revitalization, and an MBA in Entrepreneurship from Babson College where he was the recipient of the Changemaker award from the Lewis Institute for Social Innovation. He serves as a Board Member of the Upper Valley Trails Alliance and Granite Outdoor Alliance.

Chet lives 9 minutes from Dan & Whit’s in Norwich, VT with his wife, twins, and a dog named Willie Nelson.

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David Clem

Chairman

David is responsible for managing the regulatory process, the design team, and lease negotiations. Prior to founding Lyme Properties in 1993, David was a principal of The Athenaeum Group, a real estate development company specializing in adaptive re-use projects in Cambridge, Massachusetts, including One Kendall Square- the first privately financed biotech laboratory space in Kendall Square. David is a former member of the Cambridge City Council and was Chief of Staff to the Lt. Governor of the Commonwealth of Massachusetts, responsible for directing the State’s Office of Federal/State Relations. He has served on the boards of a number of non-profit institutions, advising on real estate and government relations matters. He is currently a Trustee of Berklee College of Music, and formerly Massachusetts Eye & Ear Infirmary and Harvard/MIT’s HST (Health, Science & Technology) Joint Program.

David received his AB magna cum laude from Dartmouth College as a Presidential Scholar and member of Phi Beta Kappa. He was a M.C.P. and Ph.D. candidate at the Massachusetts Institute of Technology under a Danforth Fellowship

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Angela McCanna

Executive Assistant

Angela has over twenty years of experience in the design, construction, and management of development projects at Lyme Properties. Angela originally joined Lyme in 1999 as an assistant to the in-house architect, and has since served in every capacity from the Director of Marketing to David Clem’s Executive Assistant. She is a dedicated member of the Lyme team and enjoys adaptive re-use, master planning, green architecture, and the sustainable design of historic rehabs and smart growth projects.  Prior to joining Lyme Properties, Angela was a corporate designer for Putnam Investments in Boston, Massachusetts.

Angela grew up in the Upper Valley and currently lives in Post Mills, Vermont.  She graduated cum laude with a Bachelors of Science from Wentworth Institute of Technology.  

Angela enjoys spending time outdoors skiing, biking, hiking, kayaking, and swimming.  She helps coach her son's basketball team and is a member of the Thetford Development Review Board.

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Careers

Lyme Properties is always seeking talented individuals to join our team. If you are interested in learning more about current employment opportunities please send a letter of interest and a resume to our headquarters in West Lebanon, NH or via email. Please no phone calls.

 
 

History

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Lyme Properties is nationally known for excellence in urban design, green buildings, and adaptive re-use with a portfolio of mixed-use projects that have established pioneering standards for architecture, land-use, and conservation. We focus on the master planning, permitting, and execution of transformative real estate projects, grounded in a philosophy of community-conscious development.

History

Lyme Properties was founded in 1993 as an affiliate of the Lyme Timber Company, and specialized in the acquisition, development and leasing of life science research space. At the forefront of the revitalization of East Cambridge, Massachusetts, Lyme helped transform Kendall Square into the nation’s leading research cluster creating a “halo” of life science & innovation space around the Massachusetts Institute of Technology.

According to the investment banking firm Morgan Stanley, Lyme Properties was the largest life science property developer on the East Coast and the third-largest in the United States by 2006. In a series of three transactions ending in 2007, Lyme sold its entire life science portfolio to BioMed Realty Trust.

In 2008, Lyme became an independent company, Lyme Properties 2, LLC, still under the management of David Clem. The company has focused on mixed-use projects primarily in the Upper Valley, including Hanover and Lebanon, New Hampshire and Norwich and Hartford, Vermont.

In 2019, Chet Clem joined as President and assumed day-to-day operations in 2022.

 

A Leader in Sustainable Architecture
Lyme developed the first privately financed LEED Platinum building in the U.S.
500 Kendall Street, Kendall Square. (Behnisch Architekten)