Lee & Associates Arranges $5.5M in Financing for Retail Building in Portsmouth, New Hampshire

PORTSMOUTH, N.H. — Lee & Associates has arranged $5.5 million in financing for an 11,000-square-foot retail strip center in Portsmouth, located near the Maine-New Hampshire border. The building at 1303 Woodbury Ave.

BriefNNN Triple Net StaffOctober 20, 20261 min read

Representative photo of a neighborhood strip shopping center with a row of small storefronts and blank sign bands, parking lot in front — Representative image, not the property in this story

PORTSMOUTH, N.H. — Lee & Associates has arranged $5.5 million in financing for an 11,000-square-foot retail strip center in Portsmouth, located near the Maine-New Hampshire border. The building at 1303 Woodbury Ave. previously housed a Rite-Aid, and the undisclosed borrower plans to redevelop the building into a medical office facility. Dave Carswell and Ryan Fitzpatrick of Lee & Associates arranged the debt through First Tech Federal Credit Union. The duo originated the financing in conjunction

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