Portsmouth, NH ReloLogic negotiated and closed multiple long-term leases for its client Optima Bank & Trust. ReloLogic negotiates exclusively for commercial tenants in their purchase and lease of property in N.H., Mass. and Maine. Most recently Katherine Williams Kane, CCIM, SIOR of ReloLogic negotiated the long-term land lease by Optima Bank & Trust at 920 Central Ave. in Dover, the site of the current Fiddlehead Farms Marketplace at Week’s Circle. This location will offer Optima Bank & Trust clients a full-service branch that will be completed later this year. The bank’s current Dover loan office, at 130 Central Ave., will continue to serve customers until the new branch opens.
This announcement follows the opening of Optima Bank & Trust’s most recent 3,425 s/f branch at 143 Daniel St., Portsmouth, facing Portsmouth’s Memorial Park and the Memorial Bridge (to Maine).
Kane represented the tenant, and John Samonas of Samonas Realty represented the landlord, Steve Wilson, of 143 Daniel St., LLC. The Daniel St. location offers the bank a signature and synergistic retail location across the street from their own headquarters at Two Harbour Place, as well as offering the Portsmouth community a landmark and highly convenient option for their downtown banking needs. Parking for this location is available in the public lot immediately in front of the bank, as well as in the Optima Bank parking lot across the street.
Additionally, Kane has negotiated the lease of property for the fast expanding Optima Bank & Trust at the Pease Tradeport in Portsmouth, at the Bedford Mall in Bedford, and at Shaw’s Plaza on Rte. 108 in Stratham.
Optima Bank & Trust provides service to commercial and personal customers for deposit products and commercial and residential lending. These acquisitions bring opportunity to bank with Optima Bank and Trust at 7 locations total. According to FDIC data, Optima Bank & Trust has been New Hampshire’s fastest-growing bank since it opened in 2008.