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EIGHTKPH, LLC purchased 0.94± acres of land in the heart of downtown Portsmouth at the corner of Maplewood Avenue and Deer Street from Deer Street Associates. The buyer is looking to reposition the two prime lots, part of a five-lot subdivision, by capitalizing on favorable density zoning.
The transaction was arranged on behalf of the seller by Christian Stallkamp of The Boulos Company and on behalf of the buyer by Deane Navaroli of William and Reeves Commercial Real Estate