Portsmouth, New Hampshire: A Premier Destination for Commercial Real Estate

Introduction

Portsmouth, New Hampshire, is an attractive hub for commercial real estate (CRE), known for its vibrant economy and strategic coastal location. As a city with a population of over 21,000, Portsmouth offers a dynamic mix of historical charm and modern development. The city's economy is bolstered by major industry clusters such as technology, manufacturing, and tourism, making it a compelling location for various CRE asset classes.

Economic and Industry Overview

Portsmouth's economy is driven by diverse industries, including technology, healthcare, and manufacturing. The Pease International Tradeport is a key player, housing over 250 companies across sectors like tech, aerospace, and logistics. This diversity fuels demand for office spaces, industrial warehouses, and retail outlets. The New Hampshire Economic Development Department actively supports business growth through initiatives and incentives, enhancing the city's commercial appeal.

Strategic Location and Transportation Infrastructure

Portsmouth's strategic location along the New Hampshire coastline provides significant logistical advantages. The city is accessible via major highways like Interstate 95 and U.S. Route 1. The Port of New Hampshire facilitates maritime trade, while Portsmouth International Airport at Pease provides air transport services. These infrastructures contribute to robust distribution networks and easy access to labor pools in surrounding regions.

Commercial Real Estate Inventory & Zoning

Portsmouth's CRE landscape is characterized by its Central Business District (CBD), industrial corridors, and innovation districts. Key asset classes include:

• Industrial: Pease International Tradeport
• Office: Downtown Portsmouth
• Retail: Market Square
• Medical: Portsmouth Regional Hospital vicinity

The city actively updates zoning laws to encourage development, with incentives for mixed-use projects. The City of Portsmouth Zoning Map provides detailed insights into zoning regulations.

Major Employers and Institutions

Portsmouth hosts several top employers and institutions driving CRE demand:

• Liberty Mutual
• Lonza Biologics
• Portsmouth Naval Shipyard

These entities, along with University of New Hampshire's Portsmouth facilities, contribute significantly to the local economy. Explore more on the City Business Directory.

Notable Commercial Developments & Projects

Portsmouth is witnessing transformative developments, including mixed-use and innovation park projects. The North End Innovation District is a notable example, integrating residential, retail, and office spaces. Additionally, Opportunity Zones provide tax incentives for developers. Visit the Planning Department for detailed project maps.

Building Permits, Planning, and Development Tools

For those interested in development, Portsmouth offers a range of resources:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Access valuable market data and economic reports from census.gov and Portsmouth's Open Data Portal. Brevitas utilizes AI-powered aggregation from public data and insights to provide comprehensive analysis. Explore Brevitas-powered dashboards for Portsmouth here.

Why Use Brevitas for Portsmouth, New Hampshire CRE?

Brevitas offers a unique, AI-driven platform for CRE discovery in Portsmouth:

• Real-time Market Alerts
• Smart Property Pages
• Dealroom Collaboration

Leverage features like auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Access exclusive listings and gain premium exposure through Brevitas, the preferred CRE marketplace in Portsmouth, New Hampshire.