Cushman & Wakefield Chosen as Exclusive Leasing Agent for Manchester Logistics Center

9/8/20

Cushman & Wakefield has been selected by The Kane Company and DRA Advisors LLC to market the upcoming 183,000 square-foot (sf) vacancy at Manchester Logistics Center, located at 333 Harvey Road in Manchester, NH. The Kane Company Inc., in a joint venture with a fund managed by DRA Advisors LLC, recently acquired the property in August of 2020.

“Manchester Logistics Center is one of New Hampshire’s premier distribution and logistics facilities,” said Tom Farrelly, executive director at Cushman & Wakefield. “We’re continuing to see heavy e-commerce driven demand for high-bay warehouse space. Manchester Logistics Center is the ideal platform for any company that seeks to cover the New England market area.”

Adjacent to Manchester-Boston Regional Airport, the 723,875-sf warehouse sits on 38.15 acres and is currently home to True Value. The property is a highly functional logistics space with 75 tailboard height docks, 16 covered docks, 111 tractor trailer parking spaces and clear heights approaching 38’. It is also near Concord and Boston, Ma. with close proximity to I-293, I-93, Route 3 and Route 101.

“We couldn’t think of a stronger New England wide leasing team to take on this assignment,” said John Kane of The Kane Company. “The team Cushman & Wakefield has assembled has a proven track record of success in leasing large warehouse properties throughout New England.”

The Cushman & Wakefield team of Tom Farrelly, Denis Dancoes, Sean Duffy, Sue Ann Johnson and Kevin Hanna have been engaged to market the upcoming vacancy.

About The Kane Company

Based out of Portsmouth, New Hampshire, The Kane Company Inc. is a commercial real estate company specializing in investment, sales, leasing, asset management and development. The team is made up of three main divisions: Development, Asset & Property Management and Brokerage. The development division is one of the most experienced and respected firms north of Boston and has built and/or redeveloped millions of square feet for companies with a myriad of specialized needs. The Kane Company’s full-service asset and property management division has a diversified portfolio including commercial, industrial, retail, manufacturing, and warehouse properties. They oversee more than 3 million square feet of real space throughout the Seacoast area. The asset management team services include property & facilities management, lease administration & analysis, financial management & analysis, construction & project management, and real estate consulting services. For more information on The Kane Company, Inc, please visit our website at www.kane-company.com.

About DRA Advisors

DRA Advisors LLC is a New York-based registered investment advisor specializing in real estate investment management services for institutional and private investors, including pension funds, university endowments, sovereign wealth funds, foundations, and insurance companies. Since DRA was founded in 1986, the firm has acquired over $33 billion of real estate, including 79 million square feet of industrial, 59 million square feet of office, 82 million square feet of retail and 74,000 multifamily units. As of March 31, 2020, DRA has $11.6 billion in gross assets under management. For more information, visit: www.draadvisors.com

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com.