Newmark Arranges $24.5 Million Sale of Brand-New Class A Warehouse/Distribution Asset in Portsmouth, New Hampshire

December 9, 2025 9:00 AM

Newmark announces the Company has arranged the $24.5 million sale of 100 New Hampshire Avenue, a brand-new Class A warehouse/distribution asset in Portsmouth, New Hampshire. Newmark Executive Managing Director Tyler McGrail represented the seller, The Kane Company, and procured the buyer, Wenberry Associates, LLC. Newmark Co-Head of U.S. Capital Markets Robert Griffin, along with Boston Capital Markets Executive Vice Chairman Edward Maher, Vice Chairman Matthew Pullen, Executive Managing Director James Tribble, Senior Managing Director Samantha Hallowell and Associate Director Allie Percoco, provided support for the transaction.

100 New Hampshire Avenue was delivered fully pre-leased in September 2025. The 102,059-square-foot asset’s two tenants, an HCA Healthcare subsidiary and Georgia-Pacific, utilize the property for mission-critical warehouse/distribution support related to their already-established local footprints.

“100 New Hampshire Avenue is one of the newest industrial buildings along New Hampshire’s Seacoast, where such opportunities are increasingly rare,” said McGrail. “The first-class facility further benefits from expansion potential, creditworthy tenancy and an exceptional location in the region’s most vibrant economic hub.”

100 New Hampshire Avenue is located off Interstate 95 in Pease International Tradeport, a 3,000-acre business park and thriving mixed-use destination. The park hosts a mix of blue-chip employers, state and federal government agencies and an airport with Foreign Trade Zone designation complemented by amenities including diverse retailers, outdoor recreational opportunities and a hotel.

Newmark Senior Financial Analyst Nickolas Revers provided analytical support.

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 twelve months ended September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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