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Ground-up mixed-use Class A development planned for Bedford, N.H.


Dallas – Encore Retail, LLC, a subsidiary of Encore Enterprises, Inc., has acquired land to develop a 16+ acre high-density Class A mixed-use development in the affluent Town of Bedford, New Hampshire. The development is planned to be over 200,000 sq. ft. and will consist of fashion, recreation, fitness, dining and office space located in New Hampshire's retail and business hub.

The property is positioned along South River Road at the intersection of Route 101 and Everett Turnpike

"This project is part of our continued strategy of deploying funds from our newly raised acquisition fund. We have a large interest in continuing to find other attractive commercial real estate opportunities in New England," said Bharat Sangani, chairman of Encore Enterprises.

Prellwitz Chilinski Associates (PCA) has been selected as the architect for the project. Theodore Chryssicas, of Newmark Grubb Knight Frank, brokered the deal, and will handle retail leasing. Robert Rohrer, of Colliers International, will handle office leasing. Construction on the project is expected to commence as early as fourth quarter 2016.

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