Durgin Square

Durgin Square, situated at 1600 Woodbury Avenue in Portsmouth, New Hampshire, stands as a significant acquisition by Long Term Capital (LTC) in 2021. This mixed-use retail shopping center spans a substantial 134,000 square feet and is prominently anchored by high-profile tenants including Whole Foods, HomeGoods, and TJ-Maxx, making it a key shopping destination in the region.

Occupying a 15.94-acre site, Durgin Square offers an expansive and well-organized layout, with a total of 13 units that cater to a variety of retail needs. The presence of leading retailers like Whole Foods, HomeGoods, and TJ-Maxx draws a steady flow of customers, ensuring vibrant foot traffic and a dynamic shopping atmosphere. This diverse tenant mix, combining grocery, home decor, and fashion retail, positions Durgin Square as a comprehensive shopping experience.

The shopping center boasts an impressive 563 parking spaces, providing ample and convenient parking for shoppers. This large number of parking spots is essential for accommodating the high volume of visitors that the center attracts daily, contributing significantly to the overall customer experience.

Originally built in 1985, Durgin Square underwent a significant renovation in 2021, which LTC spearheaded. This renovation brought a fresh and modern look to the center, enhancing its appeal and functionality. The updated aesthetics and infrastructure improvements have ensured that Durgin Square remains competitive and attractive in the ever-evolving retail landscape.

The strategic location of Durgin Square, combined with its strong anchor tenants and recent renovations, make it an attractive and valuable asset in LTC’s portfolio. Its acquisition reflects LTC's keen eye for properties with strong growth potential and commitment to enhancing and revitalizing established retail spaces. Durgin Square continues to serve as a bustling hub for shopping and community engagement, contributing to the vibrancy of Portsmouth's retail scene.