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Hot Office and Industrial Parks

Published Thursday Aug 10, 2017

Author MATTHEW J. MOWRY

Looking for a place to relocate your business? The following locations are hot, hot, hot.

100 & 200 Domain Drive, Exeter

Owner: Albany Road Real Estate Partners, albanyroadrep.com
Nearest Highway:  I-95 (2.5 miles away)
Number of Tenants: 8
Tenants: Bauer, Garnett Hill, Liberty Mutual, Timberland, Vapotherm
Leasing Company or Broker: Deane Navaroli with Harrington & Reeves, 603-315-08080, deane@hr-cre.com
Lease Rate per Square Foot: $14.50-$15.50/SF NNN
Total Square Footage: 100 Domain Drive: 263,486 square feet, 200 Domain Drive: 246,000 square feet
Square Footage Available: 10,800 square feet
What Makes it Hot: The building is located within the same business park as Lindt Chocolate’s primary U.S. production facility. The building was redeveloped in 2011, resulting in a Class A office building with such onsite amenities as a fitness center and The Green Bean Cafe.  It is adjacent to Route 111 at the intersection of Exit 12 off of Route 101 and less than 2.5 miles from I-95, providing easy access to Maine and Massachusetts, each of which is 20 minutes away.
 
Enterprise Park, Dover

Owner: City of Dover, Dover Business and Industrial Development Authority
Amenities: City water, city sewer, natural gas
Nearest Highway: Spaulding Turnpike, (less than 1 mile away)
Number of Lots Available: 8
Number of Developable Acres: 38 acres
Number of Tenants: 16
Tenants: Conproco, Country Kitchen, Cramer Fabrics, Heine USA, Vygon Corp.
Price per Acre: $60,000
Leasing Company/Broker: David F. Choate III, Colliers International
What Makes it Hot: Close to highway in exploding North End of Dover.

Garrison Glen Corporate Park
20, 22 and 24 Continental Drive, Exeter

Owner: Garrison Glen c/o The Monahan Companies in Nashua
Amenities: Town sewer and water, electric (Unitil), gas (Northern Utilities)
Nearest Highway: I-95 (6 miles), accessible via Routes 101, 27 and 111A
Number of Lots Available: Three lots totaling 52.56 acres are available: 20 Continental Drive (10.75 acres); 22 Continental Drive (21.12 acres); 24 Continental Drive (20.69 acres)
Number of Developable Acres: Phase I is 90 acres. Phase II an additional 75 acres.
Number of Tenants: 5
Tenants: Atlantic Power, Cobham, FW Webb, GourtmetGiftBaskets.com, North Home Fashion
Price per Acre: $125,000 per acre
Leasing Company or Broker: Cushman & Wakefield of NH in Manchester, 603-628-2800
Lease Rate per Square Foot: Varies depending on type of building constructed and length of lease term. Current estimate $8.95 per square foot NNN.
Occupied Square footage: Estimated 350,000 square feet
Square Footage Available: Additional 750,000 square feet
What Makes it Hot: Seacoast location, highway proximity, industrial zone, ERZ status and utilities in place and protected covenants makes this park attractive.
 
Littleton Industrial Development Corporation
Industrial Park Drive, Littleton

Amenities: Water, sewer, broadband
Nearest Highway: I-93 (1 mile away), I-89 (10 miles away), I-91 (20 miles away)
Number of Lots Available: Multiple
Number of Developable Acres: 150+
Number of Tenants: 16
Tenants: Burndy, Tender Corporation, Littleton Coin Co., Rotobec, Genfoot, Appalachian Stitching
Price per Acre: Negotiable
Leasing Company/Broker: Peabody & Smith Realty in Littleton, 603-444-1294
What Makes it Hot: The success of the Littleton Industrial Park is centered around its location off Interstate 93. Littleton has historically enjoyed one of the lowest electricity rates in the state and access to a skilled labor force.

Nashua Technology Park @ Gateway Hills
100, 200 and 300 Innovative Way, Nashua

Owner: John Flatley Company
Utilities: Water, gas, sewer, broadband
Nearest Highway: Route 3, Everett Turnpike (less than 1 mile away)
Number of Developable Acres: 200 acres
Number of Tenants: 17 at Nashua Technology Park and 34 at Nashua Office Park
Tenants: Amphenol TCS, BAE Systems, Benchmark Electronics, DataGravity, Dell, Parallel Wireless, Plexxi, Skillsoft
Leasing Company or Broker: John Flatley Company
Lease Rate per Square Foot: Please call 603-598-7500
Total Square Footage: 750,000 square feet
Square Footage Available: 50,000 square feet
What Makes it Hot: Home to leading technology companies, annual Flatley Challenge Startup Competition, Flatley Innovation Center, Gateway Hills Health Club, Homewood Suites by Hilton Extended Stay Hotel, multiple conference facilities, full service cafeteria, outdoor patio/dining options, game room, electric car charging stations and other green initiatives, community garden center and apple orchard, miles of walking/biking trails, athletic field, tennis court, basketball court, organized sports leagues.

It also offers year-round community events and networking opportunities, including: summer concert series, indoor and outdoor movie nights, annual two-mile trail race, car show, fall festival, job fairs, lunch and learns, workshops, seminars, wellness programs, training courses, blood drives and more.
 
Pease International Tradeport, Portsmouth

Owner: Pease Development Authority
Amenities: Municipal water/sewer, natural gas, optical fiber connectivity, Portsmouth International Airport, 27-hole Pease Golf Course, nine restaurants, two daycare facilities and five institutions of higher learning
Nearest Highway: I-95 and Spaulding Turnpike/Route 16
Miles to Highway: Adjacent to Tradeport
Number of Lots Available: Nine lots with six under option
Number of Developable Acres: 50 acres with 39 acres under option and 11 acres available
Number of Tenants: 250
Tenants: John Hancock, Liberty Mutual, Lonza Biologics, Sig Sauer, Teledyne
Price per Acre: Land lease at a minimum of $16,500 per acre per year
Leasing Company or Broker: Multiple developers and brokers with property offerings. See peasedev.org/pease-availableproperties.htm
Lease Rate per Square Foot: Varies from $7 to $22 per square foot
Total Square Footage: 4.4 million square feet
Square Footage Available: 123,021 square feet (vacancy rate of only 2.8 percent)
What Makes it Hot: Location, location, location. There is access via I-95 and Route 16 to a huge, diverse, three-state labor force with less than an hour commute to and from Boston, Portland and Manchester/Concord. Portsmouth offers a multitude of housing and entertainment options.

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