Newmark to Lease 500 KSF New Hampshire Project

Granite Woods Commerce Center. Image courtesy of Port One Cos.

Port One Cos. is constructing Granite Woods Commerce Center, a 500,000-square-foot industrial project, in Hooksett, N.H. Newmark is the exclusive leasing agent for the property, which will deliver in early 2024.

Located at 47 Hackett Hill Road, the speculative Class A building will include 36-foot clear heights, LED lightning, an office built-to-suit component, two drive-in doors, 67 loading docks with 53  additional dock positions, 86 trailer parking spots and 403 other parking spots. Due to the project’s easily divisible footprint and its 360-degree truck lanes, it can accommodate a single, or multiple, tenants.

Situated on a 45-acre lot, the development is 9 miles from Manchester, N.H., 14 miles from Manchester-Boston Regional Airport and within 11 miles of Concord, N.H. Additionally, the location’s proximity to interstates 93 and 293 will allow future occupants easy access to Portsmouth, N.H., Providence, R.I., and Boston.

Newmark Executive Managing Director Richard Ruggiero and Senior Managing Director Brian Pinch are the exclusive leasing agents for the project.

In December of last year, Trammell Crow Co. and Diamond Realty announced plans for the development of a 323,750-square-foot distribution facility in Merrimack, N.H., on a 43-acre site that was acquired from Ryker Co. That project, which secured financing from Santander Bank, is scheduled for completion in late 2023.