According to NAI Norwood Group, two recent leases have recently been signed at Woodbury Corner at 2001 Woodbury Ave. Horizon Group, an authorized Batteries Plus Franchisee, has leased 3,600 s/f and Wireless Link, LLC, an authorized Sprint Dealer, has leased 1,300 s/f of retail space.
Brian O'Brien, RPA and Chris McMahon of NAI Norwood Group represented the landlord in both transactions. Strategic Retail Advisors represented Wireless Link, LLC and Charles Zoulias of Perfecta Real Estate represented Horizon Group.
The newly redeveloped retail strip center on the corner of heavily traveled Woodbury Ave. and Gosling Rd. is prime real estate. Prior to redevelopment, 2001 Woodbury Ave. was home to one of Tweeter, Etc.'s New Hampshire locations. The redevelopment of this high profile retail property has brought with it the opportunity for national, regional, and local retail tenants to position themselves well in the Newington/Portsmouth retail market. The property is owned by Riverside Properties, Inc. based in Wellesley, Mass. Additional retail spaces from 1,900 s/f to 4,475 s/f are available at Woodbury Corner.
TMS Architects, located in Portsmouth, was chosen to revamp the old building inside and out. Jason Bailey at TMS Architects commented, "The main purpose was to break the space into four suites and maximize street frontage. The colors and architecture chosen utilize a traditional approach to contemporary architecture, creating a more timeless look. It's no longer the Tweeter building, it's a new entity."
Malt House Construction, also located in Portsmouth, was chosen as the building contractor to carry out the design set forth by TMS Architects. Sandy Dewing, president of Malt House Construction, had this to say about working on the project: "It was challenging, but it was a good project for our company. It definitely improves the intersection. With the support of the owners and a great design from TMS the project has gone smoothly."