Portsmouth, NH – Colliers International, a global leader in commercial real estate services, recently leased 7,057 square feet of warehouse/distribution space at 170 West Road, Unit 10 in Portsmouth, New Hampshire. Andrew Ward and David Choate of Colliers’ Portsmouth office represented the Lessor, Litchfield Portsmouth, LLC, and Peter Arvanitis, of Century 21 Thompson Real Estate, represented the Lessee, Automotive Supply Associates, Inc., d/b/a Sanel Auto Parts Co., of Concord, NH.

Sanel Auto Parts is a leading auto parts, heavy-duty truck parts, and body shop supplies distributor with 38 retail locations throughout New Hampshire, Vermont, and Maine. Sanel delivers quality car and truck parts, automotive paint and body supplies, and tools. Sanel’s former downtown Portsmouth location (which has been sold for redevelopment) was a retail store, while their new location is a distribution hub.

Colliers International tracks five commercial real estate submarkets in New Hampshire. The Portsmouth industrial submarket vacancy rate for Q2 2017 is a scant 2.9%. Reflecting the market, this lease transaction brings 170 West Road to 100% occupancy.