Portsmouth, NH – October 8, 2010

The Salvation Army has purchased the former Kia Auto dealership property at 2458 Lafayette Road in Portsmouth, NH.  The 33,000 SF facility will be redesigned as a family thrift store which is part of The Salvation Army’s Adult Rehabilitation Center (ARC) system.  The ARC provides assistance to people who are struggling with substance abuse issues. The rehabilitative ministry is made possible through the generosity of individuals, organizations and businesses who donate goods that can be sold through the thrift stores and provides services to participants in its programs.  The proceeds from the thrift stores fully fund the Rehabilitation Work Therapy Program, allowing the program to be self-sustaining.

The facility with its acreage and fenced in property was perfect for the use planned by The Salvation Army as well as being in a vibrant retail area with great visibility and accessibility
  
Local Salvation Army officials wanted to clarify that The Salvation Army Portsmouth Corp, on the other hand, is entirely dependent on community contributions to support its daily feeding program, social services and other life-enriching programs for all ages of men, women and children in the area.  According to a Salvation Army spokesperson, without the community’s generous donations, the local corps would not be able to meet the needs of the disadvantaged in the area. The spokesperson emphasized that no funds from the Portsmouth community have been used, or will be used, for the purchase of the thrift store facility.

Jean Kane of The Kane Company served as the Buyer’s Representative and Chris McInnis of Paul McInnis, Inc. represented the Seller.
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In January, The Kane Company also brokered the sale of an 18,000 SF, 6.7 acre property on Lafayette Road in Portsmouth that was previously a Toyota dealership.  This is the second auto dealership which The Kane Company has sold this year.