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Choate & Morneault of Colliers Lease All Units at 198 Lafayette Road, North Hampton, NH

Location formerly home to an auto repair shop and was completely renovated into five contractor units

Colliers, a global leader in commercial real estate services, is pleased to announce the lease of four industrial units at 198 Lafayette Road/Route 1 in North Hampton. This location was formerly home to an auto repair shop and was completely renovated into five contractor units. The vacancy rate for industrial space in the Portsmouth submarket is 0.9% for Q1 2022, so the units leased very quickly.

David Choate and Abigail Morneault, of Colliers’ Portsmouth office, represented the Landlord, Sabbia, LLC, in all the leases. Choate and Morneault also represented the Tenant in Unit 2, Homeland Heroes Foundation. Homeland Heroes is a non-profit organization that offers an array of supportive services to active-duty members, veterans, and their families. This will be its 2nd location in New Hampshire and its 1st Seacoast location.

Caitlin Burke, of the Boulos Company, represented Otter Creek Homes (Unit 1) and Portside Fine Carpentry (Unit 3). Otter Creek Homes is a full-service general contractor company which specializes in interior design and high-end residential construction. Portside Fine Carpentry is a licensed and insured general contractor specializing in quality cabinetry. These expansions and relocations will bring new jobs to the Seacoast and more availability of contractors for members of the local community.

Jon Beebe, of the Merrill Bartlett Group, represented the Tenant in Unit 4, Giovanni Benevento.


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David Choate

Executive Vice President | New Hampshire

Portsmouth

I have more than 35 years of commercial real estate experience and am licensed in New Hampshire, Maine, and Massachusetts. 

I have been the managing partner of the Colliers office in Portsmouth, NH, since 1991. In that role, I am responsible for all aspects of the company’s activities, including brokerage, new business generation, and various consulting assignments. 

Over the years, I have had the pleasure of working with Wells Fargo, Manulife, Citizens Bank, Edward Jones, ConvenientMD, Exeter Hospital, the City of Dover, the University System of New Hampshire, and many more. 

In my career, I have been involved in transactions totaling over $411 million.

Prior to joining Colliers, I worked at The Robbins Group of New Hampshire, Inc. as a Regional Manager, and at Bradgate Associates, Inc. where I was a Land Acquisition Manager. 

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