Pinkerton Place is Filling Up in Town’s TIF District

The new unit at Pinkerton Place is open for business and has two tenants and more on the way.

A Verizon Wireless store opened before Christmas, according to Chris McMahon, leasing agent for the facility. McMahon said the store, named Go Wireless, signed a lease for 1,570 square feet this past spring and opened Nov. 1, the first business in the new building. Go Wireless relocated from Hood Commons, McMahon said.

Vanguard Dental of Derry will be opening in the building Monday, Jan. 13. McMahon said, “Dr. Craig Rothenberg and Dr. Michael Moskowitz signed a lease this summer for 5,328 square feet. They are moving to Pinkerton Place to better serve their patients with a larger, more comfortable facility.”

Pinkerton Place is part of the town’s TIF (Tax Increment Financing) District, in which tax revenues from the businesses go toward paying off the bond for the infrastructure.

The complex was developed and is owned by Boomer Wolf, LLC, which purchased two former car dealerships in 2010. The former Allen Dodge building was renovated to house Woof Meow, a comprehensive pet supply store. The other car dealership was demolished to make way for the free-standing Panera Bread and Goodwill stores. Tighe and Bond of Portsmouth provided engineering services, while Jewett Construction of Raymond was the builder for the new building and Panera.

The total footprint of Pinkerton Place is 49,000 square feet, McMahon said.

McMahon listed several reasons why the complex is filling up. “First, Pinkerton Place is easily accessed from a fully signalized intersection, which makes it easy for customers to enter and exit the property,” McMahon said. “Second, Pinkerton Place is located at the entrance to both Super Walmart and Derry Five Star Cinemas, which are both major traffic generators. Third, Pinkerton Place features excellent pylon signage on both Ashleigh Drive and Manchester Road, advertising the retailers and businesses that customers can visit. Lastly, Pinkerton Place is designed with the customer in mind – it is well lit, has ample parking, aesthetically pleasing building designs, and is home to businesses and retailers that are in demand for the shoppers of Derry and the surrounding area.”

McMahon said he and Boomer Wolf are in talks with several interested parties about the remaining spaces and expect to secure tenants soon. There is only one retail space left at 2,106 square feet, and they are looking for a restaurant, retail shop, salon or spa, bank or financial office, or any type of business that would complement the current tenants and benefit from the heavy traffic on Manchester Road and Ashleigh Drive.