Brick Market - 60 Penhallow

Office for Lease
Catylist Listing ID: 30853429
Property Subtypes: Office Building
Contiguous Space: 3,463 SF
Building Size (RSF): 3,463 SF
Gross Building Area: 97,047 SF
Lease Rate: $50 PSF (Annual)
Base Monthly Rent: $14,429
Lease Types: Gross Lease
Building Name: Brick Market
Class of Space: Class A
Last Updated: 11/6/2023

Overview / Comments

Spectacular presence like no other in the heart of downtown Portsmouth, this nearly 100,000 square foot building includes four stories of mixed-use office and retail uses with two levels of private underground parking.

One final second floor occupant will join Jordan Park (3rd & 4th floor tenants since September 2022), Customers Commercial Finance, Prophetical Capital Partners, and Portsmouth Hospitality Group, as well as the unrivaled downtown newcomer, Hearth Food Garden at this premier address. Open since Spring of 2023, Hearth Food Garden provides communal seating to encourage our tenants and the general public "a place to recharge and dig in!" The personally curated furnishings, touches and attitude throughout the nearly 17,000 square foot "Hearth Center" will be aglow with a large wood burning fireplace and traditional Italian pizza oven and then open to the air to allow those inside to enjoy out and those meandering by in life to look in.

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 "arts", including outdoor performances, this uniquely designed hardscape is sure to ignite the downtown hub with its large water fountain feature and not just one, but two signature entrance points.

Northeast and southwest entries feature Alaskan Fir Wood Timber and glass wall entries, with curved nautical vessel styled features, copper accents, a multitude of sail like roof lines as well as a commissioned granite sculpture by Thomas Berger entitled "Stars and Stripers" with a nod to Rachel Carson and her award winning 1951 book "The Sea Around Us".

Only one space remains at the address that is a place within a place, the 3,463 RSF is located on the second floor along the southwest corner of the building. The suite has spectacular window views to the Brick Market's center water feature, and is customizable to meet the specific needs of your business.

(See floor plans attached to this listing.)

Expand All Available Space

Suite: 203 3,463 SF $50 PSF (Annual) Gross Lease
Level/Floor: 2
Space Available: 3,463 SF
Lease Rate: $50 PSF (Annual)
$14,429 (Monthly)
Lease Type: Gross Lease
Space Description: The last available office space at highly sought after Brick Market! This thoughtful layout includes a large conference room that can seat up to ten, overlooking the fountain at Brick Market, an open work space area that can accommodate 4 desks, two spacious private offices (one of which could be used as a second conference room), file storage area, and separate print area. Just steps from Suite 203, you will find a high-end and well equipped common area kitchen as well as several beautiful and all-private bathroom suites, two of which include spacious walk-in shower facilities.
Space Subcategory: Office Building, Mixed Use
Date Available: 8/21/2023
Lease Term: 120 Months
Space Type: Relet
Conference Rooms: 2
Offices 6
Tax Expenses $0 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3%

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 0107-0027-0000
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
Airports: Portsmouth, Boston, Portland, Manchester
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
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
Internet Access: Cable, Fiber Optic
Interior Description: Located on the Southwest corner of the building, 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.
Zoning Description: Character District 4 with Historic District Overlays
Lot Frontage: exceptional frontage - Daniel & Penhallow Streets
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,213 28,228 43,375
Median Age: 40.65 42.05 42.94
Households: 4,910 13,306 19,637


Photograph of Listing Agent

Ali Forma-Knaack

McNabb Properties NECPE Member
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