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News:
Northern New England
Posted: December 6, 2024
Torrington Properties unveils
95-unit Sage Portsmouth condos
Portsmouth, NH Torrington Properties (Torrington) unveiled Sage Portsmouth, a 95-unit condominium complex located at 80 Constitution Ave., the former site of a Cinemagic movie theater. The building is expected to welcome residents by the summer of 2025, and sales for the condos are currently underway.
“We are excited to bring this unique and exciting condominium development to the city of Portsmouth,” said Torrington principal and CEO Jay Bisognano. “With its convenient location within the Seacoast, Sage Portsmouth will provide a serene condo-living experience while providing a luxury experience without the luxury pricing.”
Sage Portsmouth introduces a first-of-its-kind housing concept for the area; a full-service, fully staffed luxury condominium community with full amenities and a nearby retail center. Residence size ranges from 615 s/f to 1,194 s/f. The building features a lounge, fitness center, entertainment area, pet washing station, outdoor community space and a second-level outdoor terrace. Additionally, residents have access to all that Portsmouth Green has to offer just outside their door.
The development features a mix of studio, one-bedroom and two-bedroom residences and included parking.
Last year, Torrington acquired the former Cinemagic property in Portsmouth, with financing from Needham Bank.
Torrington is working with Charters Brothers, serving as the general contractor for the development. Charters Brothers is also redeveloping 255 luxury condominiums at Atkinson Country Club in Atkinson.
Sales are open and brokered by JD Advisors LLC. Torrington is a major stakeholder in the Portsmouth market, with over 350 housing units developed in the city to-date, along with multiple retail and office spaces leased to locally-owned businesses at the mixed-use West End Yards development, co-developed with Mount Vernon Company and The Dolben Company, Inc.
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