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Boston & New England  + New England  + Industrial  | 

Newmark Closes Sale of Warehouse in Pease International Tradeport

Newmark arranged the $24.5-million sale of 100 New Hampshire Ave., a newly built Class A warehouse/distribution asset in Portsmouth, NH. Executive managing director Tyler McGrail represented the seller, The Kane Company, and procured the buyer, Wenberry Associates, LLC. 

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.

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

100 New Hampshire Ave. is located off Interstate 95 in Pease International Tradeport, a 3,000-acre business park and 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.

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Newmark's McGrail

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition