60 Penhallow at Brick Market

Office for Lease

Catylist Listing ID:	30645069
Property Subtypes:	Office Building
Building Status:	Under Construction
Contiguous Space:	1,661 - 3,463 SF
Total Available:	5,124 SF
Gross Building Area:	97,047 SF
Lease Rate:	$45 - 50 PSF (Annual)
Base Monthly Rent:	$6,228 - 14,429
Lease Types:	NNN
Building Name:	60 Penhallow at Brick Market
Class of Space:	Class A
Last Updated:	9/28/2022

Overview / Comments

See LIVE WEBCAM OF CONSTRUCTION - VISIT www.constructioncam.co
. . .

Spectacular presence like no other in the heart of downtown Portsmouth, this nearly 100,000 square foot building includes two levels of underground parking, two levels of private decks, an inviting and unique meet up/food offering Hearth Food Garden (more below) featuring a unique ambiance both inside and out.

Site features include meandering walk-ways with great visual impact, including special catenary lighting to invite pedestrians safely through our multi-building Brick Market site (sister properties include 3 Pleasant Street and 30 Penhallow Street) on to the Piscataqua River waterfront, parks, culture, historical and revitalized neighborhoods of our City. Designed to include several public outdoor seating areas with a focus on the local "arts", including outdoor performances, this uniquely designed hardscape is sure to ignite the downtown hub with not just one, but two spectacular entrance points.

With the first floor already leased to Hearth Market, the nearly 17,000 square foot open market will provide various food and beverage options to those living, working and visiting downtown for sit-down or take-out offerings for breakfast, lunch, and dinner.

Northeast and southwest entries feature Alaskan Fir Wood Timber and glass wall entries, with curved nautical vessel styled features, copper accents and a multitude of sail like roof lines.

September 2022 - only two (2) remaining options for office suites either 1,661 or 3,463 RSF both on the second floor.

(See floor plans attached to this listing.)

Expand All Hide All 2 Spaces Available

Suite: 203

3,463 SF

$45 - 50 PSF (Annual) NNN

Level/Floor:		Second
Space Available:		3,463 SF
Lease Rate:		$45 - 50 PSF (Annual) $12,986 - 14,429 (Monthly)
Lease Type:		NNN
Space Description:		Located on the Southwest corner of the building, our construction team is presently configuring the space with a high level of finishes to allow occupancy in early 2023. Suite 203 offers views from the second floor windows onto a courtyard of hustle and bustle featuring European styled catenary lightings and an oasis of presence. An open large shared break room/kitchen area with views out to and over Hearth Food Garden's bakery/cafe as well as the site's water fountain and public art of the Brick Market site.
Space Subcategory:		Office Building
Date Available:		3/1/2023
Lease Term:		120 Months
Space Type:		New
Conference Rooms:		2
Offices		6
Tax Expenses		$4 PSF (Annual)
Rent Escalators		Other
Rent Escalators Description		3% annual increase

Suite: 204

1,661 SF

$45 - 50 PSF (Annual) NNN

Level/Floor:		2
Space Available:		1,661 SF
Lease Rate:		$45 - 50 PSF (Annual) $6,228 - 6,920 (Monthly)
Lease Type:		NNN
Space Description:		For those of you who have been admiring the craftsmanship of 60 Penhallow at Brick Market come to life, the opportunity to occupy a suite has become available with one of two small suites in this most pristine downtown development site. Previously intended and designed as cooperative office space, our construction department is configuring this smaller sized suite (1,661 RSF) in the center of the second floor. With the highest level of detail, you can join two other tenants on a set completion/occupancy date in early 2023. In addition to Suite 204, our tenant will have access to two (2) very unique open-concept seating areas; each allowing the you and your clients to take in the historic downtown site. Whether you decide to enjoy the streetscape views (of Daniel Street) or utilize the floor's shared kitchen/cafe seating with views through the timber-framed glass walls outwardly to the landscaped water fountain, they'll both compliment the commissioned art work as well as future performing arts and provide tremendous access to what surely will be the finest food destination in downtown, the Hearth Food Garden, opening February 2023.
Date Available:		11/1/2022
Lease Term:		120 Months
Space Type:		New
Kitchen		Yes
Tax Expenses		$4 PSF (Annual)
Rent Escalators		Other
Rent Escalators Description		3% annual increase

Additional Details

Nearest MSA:	Boston-Cambridge-Newton
County:	Rockingham
Taxing Authority:	City of Portsmouth
Tax ID/APN:	0107-0027-0000
Zoning:	CHARACTER DISTRICT 4 W/ HISTORIC & DISTRICT OVERLAYS
Property Located Between:	Daniel, Penhallow, Pleasant, Sheafe & State Streets
Property Visibility:	Excellent
Highway Access:	Nearby access to Route 1, Route 1 Bypass and I-95
Site Description:	Situated at the corners of Penhallow and Daniel Street and just a few feet away from Congress, Market, Pleasant and State Street, this property is truly at the center of our City.
Area Description:	A mix of residential high end homes, across the street from a local bakery, renowned restaurant, a block from the water, and other local attractions, this uniquely designed building will bring exceptional high end finishes from the past to the future, without compromising either.
Total Number of Buildings:	1
Number of Stories:	4
Typical SF / Floor:	18,000 SF
Year Built:	2022
Roof Type:	Other
Construction/Siding:	Other
Exterior Description:	The very artistic combination of Alaskan fir timbers, Prodema Wood Siding, Accoya trim strike a strong frame to the granite first floor facade, and support the glass wall panels of each entry while allowing the copper sails to really "sing" while making this not just another downtown building but a "one of a kind" signature structure.
Parking Type:	Underground
Parking Description:	Two levels of underground parking available with electric vehicle charging stations, pricing starts at $300/vehicle per month
Passenger Elevators:	2
Sprinklers:	Wet, Dry
Heat Type:	Natural Gas
Heat Source:	Heat Pump
Air Conditioning:	Engineered System
Internet Access:	Cable, Fiber Optic
Interior Description:	Designed to accommodate each tenant's individual needs, the open air European inspired first floor Hearth Market will set the tone for the offices above. Suites within Floor 2 (202, 203 & 204) - to be delivered totally "turn-key"; features to include several open areas, cafe style and lounge seating at both entries.
Part of Planned Development?:	Yes
Lot Frontage:	exceptional frontage - Daniel & Penhallow Streets
Water Service:	Municipal
Sewer Type:	Municipal

Demographic Statistics

Proximity:	1 mile	3 miles	5 miles
Total Population:	9,213	27,078	43,375
Median Age:	40.65	42.18	42.94
Households:	4,910	12,771	19,637

Contact

Marie J. Bodi McNabb Properties NECPE Member Contact me about this Listing

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60 Penhallow at Brick Market

Overview / Comments

Attachments & Media

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Additional Details

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Demographic Statistics

Contact

Marie J. Bodi