Newmark Announces Construction of Port One’s 500,000-Square-Foot Industrial Development

May 09, 2023 9:00 AM

Newmark announces the construction of Granite Woods Commerce Center, a state-of-the-art industrial development spanning 500,000 square feet at 47 Hackett Hill Road in Hooksett, New Hampshire. With 90 percent of site work complete, construction of the Class A building is well underway and targeting an early 2024 delivery.

Newmark Senior Managing Director Brian Pinch and Executive Managing Director Richard Ruggiero will serve as the exclusive leasing advisors for the property, representing the developer Port One Companies (“Port One”), a Boston-based multidisciplinary investment firm with in-house commercial real estate development, architecture, interior design and asset management capabilities.

“Granite Woods is a substantial addition to the New Hampshire industrial market, and we look forward to working alongside Port One in leasing their state-of-the-art facility,” said Pinch. “Most compelling about the property is its ability to provide superior access off I-93, with labor from every direction.”

The speculative building can accommodate single or multiple tenants through its subdivisible footprint and strategic site layout, with a dedicated 360-degree two-way truck lane and evenly distributed parking and loading stalls. Notable features include its 36-foot clear height, 403 parking stalls, 86 trailer parking stalls, 67 loading docks with 53 future dock positions, two drive-in doors, energy-efficient LED lighting, solar-ready roof, and office built-to-suit. Granite Woods is less than half a mile off I-93 via Exit 11, a 15-minute drive to Manchester Airport via I-293 and grants access to labor hubs from every direction via Portsmouth, Worcester, Boston and Providence.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of March 31, 2023, Newmark’s company-owned offices, together with its business partners, operate from over 170 offices with approximately 7,300 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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