Herrington Catalog is moving to a new headquarters in Manchester, leaving its old property in Londonderry open for redevelopment.
The brokers of the land at 3 Symmes Drive are marketing the property in a different way than it has been used of late, according to Town Manager Kevin Smith, who has seen a conceptual plan for a Herrington Commons retail plaza.
The owner of the building Herrington Catalog was leasing also owns a large parcel in front of the property that has potential for retail development, according to Michael Harrington, a Manchester-based broker representing the owner of the office/warehouse building.
“We’re working with the town and some other developers to possibly get other retail there, a fast food restaurant, and maybe a pharmacy and a coffee shop,” he said. “The concept is there. We don’t have any of those tenants currently committed to the site, but we’re working with developers and are speaking with interested parties.”
Harrington is also working to find a new tenant for the 35,000-square-foot office/warehouse facility by August, when Herrington Catalog is to consolidate its Londonderry and Hooksett branches under one roof in Manchester.
“They needed more space. They decided against building a new facility in Londonderry, and chose to lease again in a larger facility,” Smith said, noting the decision of where to lease space is generally dictated by what’s available on the market.
Harrington has had several showings of the building, which is located at the signalized intersection of Rockingham Road and Symmes Drive, just past Exit 5 of Interstate 93.
“The owner is looking for similar-type uses as Herrington Catalog,” he said.
The proposed 7.2-acre development of Herrington Commons would encompass the existing office/warehouse building.
More information about the property is available online at www.harringtonandreeves.com. The conceptual plan for Herrington Commons is available online at www.harringtonandreeves.com/rockingham-road-nh-listing.