**Newmark Closes $24.5M Sale of Class A Warehouse in Portsmouth, NH**
Newmark has successfully arranged the sale of 100 New Hampshire Avenue, a newly constructed Class A warehouse and distribution facility located in Portsmouth, New Hampshire. The property sold for $24.5 million.
Executive Managing Director Tyler McGrail represented the seller, The Kane Company, and also secured the buyer, Wenberry Associates, LLC.
Additional support was provided by Robert Griffin, Co-Head of U.S. Capital Markets; Edward Maher, Vice Chairman of Boston Capital Markets; Matthew Pullen, Vice Chairman; James Tribble, Executive Managing Director; Samantha Hallowell, Senior Managing Director; and Allie Percoco, Associate Director.
Delivered fully pre-leased in September 2025, the 102,059-square-foot facility is occupied by two tenants — a subsidiary of HCA Healthcare and Georgia-Pacific. Both tenants use the space for mission-critical warehouse and distribution operations that support their existing regional presence.
Strategically situated off Interstate 95, the property is part of the 3,000-acre Pease International Tradeport, a major business park and mixed-use hub. The location is home to a variety of blue-chip employers, government agencies, and an airport with a Foreign Trade Zone designation.
