Two International Group

What Two International Group does

Two International Group is a privately held, family-owned (Plummer family) commercial real estate firm headquartered in Portsmouth, New Hampshire, founded in 1997 by professionals who capitalized on the redevelopment of the former Pease Air Force Base into Pease International Tradeport. The firm is vertically integrated across leasing, development, construction, and property/asset management, and operates a portfolio of more than 1 million square feet of Class A office, flex/industrial, and R&D space across 15+ properties concentrated at Pease International Tradeport and in downtown Portsmouth, with additional assets in Kittery, Maine. Several properties have achieved LEED Gold and ENERGY STAR certification, and the firm has diversified its asset mix over time beyond core office/flex into street-level retail (14 Manchester Square, 2004), a geothermal childcare facility (Great Bay Kids' Company, 2010), and a select-service hotel (Hampton Inn & Suites Kittery, 2019).

The business model is that of a long-horizon real estate owner-operator: revenue is generated primarily through rental income on owned and managed Class A office, flex, R&D, retail, and hospitality assets, supplemented by in-house property management and construction services (delivered in part through a partnership with CP Management). The firm serves a diverse tenant base of more than 130 small and mid-sized businesses in industries including industrial, technology (notably HubSpot), financial services, healthcare, and accounting, with several tenants in occupancy since 1998. Two International Group is privately held with 11-50 employees and no external funding rounds, M&A activity, or public revenue disclosures in the available record.

Name

Two International Group

Legal name

Two International Group

Website

https://twointernationalgroup.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Two International Group is a family-owned, vertically integrated commercial real estate firm in Portsmouth, NH, owning and managing 1+ million sq ft of Class A office, flex/industrial, R&D, retail, and hospitality space across 15+ properties in the NH/ME Seacoast.

Ownership category

akta.pro rank

Headquarters

HQ city

Portsmouth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Real Estate Leasing: Revenue generated from leasing class A office, flex/industrial, R&D, retail, and warehouse space to commercial tenants in the Portsmouth, NH area. Includes long-term lease agreements with varying square footage requirements.
2. Development Services: Revenue from development services including planning, financing, construction, and green design for build-to-suit and custom commercial real estate projects.
3. Construction Services: Revenue from construction services through their construction arm for commercial, industrial, flex/R&D, residential, and design/build projects including LEED/Green Building projects.
4. Property & Asset Management: Revenue from property management and asset management services provided in partnership with CP Management to maintain Class A status of properties and ensure client satisfaction.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Two International Group is a vertically integrated commercial real estate firm that develops, constructs, leases, and manages Class A office, flex/industrial, R&D, retail, warehouse, medical office, and child care properties. The company operates a portfolio of over 1 million square feet across 15+ buildings concentrated at Pease International Tradeport and in downtown Portsmouth, NH, and offers build-to-suit capabilities and LEED/ENERGY STAR certified green buildings.

Product overview

Two International Group is a vertically integrated commercial real estate company offering four core services: Leasing, Development, Construction, and Property & Asset Management. The company operates a portfolio of over 1 million square feet of Class A commercial properties across 15+ buildings at Pease International Tradeport and downtown Portsmouth, NH. Properties span multiple categories including office (Class A, R&D), flex/industrial, warehouse, retail, residential condo, medical office, and child care facilities. The portfolio includes LEED Gold certified buildings (75 NH Ave, 25 NH Ave), ENERGY STAR certified properties (1 NH Ave, 15 Rye St, 85 NH Ave, 100 Intl Dr), and features geothermal HVAC systems, solar power, and green building standards. The company provides build-to-suit and spec construction, with properties ranging from small 5,789 sq ft single-tenant buildings to large 112,678 sq ft multi-story office complexes.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Leasing Services Leasing service for commercial tenants seeking office, flex/industrial, R&D, retail, warehouse, or medical office space. Targets businesses of all sizes relocating, expanding, or seeking upgraded space in the Portsmouth, NH area.
• Commercial Real Estate Development Development service covering planning, financing, construction, and green design for build-to-suit and custom commercial real estate projects including LEED-certified buildings. Serves companies seeking purpose-built commercial space.
• Commercial Construction Services Construction services through Two International Construction for commercial, industrial, flex/R&D, residential, and design/build projects including LEED/Green Building projects. Targets clients needing new construction or build-to-suit facilities.
• Property & Asset Management Property and asset management services provided in partnership with CP Management to maintain Class A status of properties and ensure tenant satisfaction. Includes day-to-day property management, maintenance, tenant communication, and operational services.

Quantifiable outcome

• Over 1 million square feet of commercial space developed and operated
• +2 more outcomes

Named customers9 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• CP ManagementcoreImplementation/ SI/ Consulting PartnerPartnership with CP Management for property management services. CP Management provides day-to-day property management, maintenance, tenant communication, and operational services allowing Two International Group to focus on development, leasing, and asset management.

Scale indicators3 records

Recent moves13 records

Expansion highlights4 records

Direct peers

• Cummings Properties: New England-based vertically integrated commercial real estate firm with a comparable model of developing, owning, and managing Class A office, flex/industrial, and R&D space, plus in-house construction and property management capabilities.
• Brady Sullivan Properties: New Hampshire-based commercial real estate owner and developer with a portfolio spanning Class A office, industrial, and mixed-use properties across New England. Comparable vertically integrated operations and regional tenant focus.
• The Kane Company: Manchester, NH-based commercial real estate developer and owner operating a multi-million square foot portfolio of office, industrial, and mixed-use properties across northern New England—directly overlapping Two International's NH footprint and integrated service model.
• National Development: Newton, MA-based real estate investment and development firm operating mixed-use, office, and life science properties across New England. Comparable institutional-grade CRE developer profile with similar tenant mix.
• The Gutierrez Company: Lowell, MA-based commercial real estate developer and manager with a regional portfolio of Class A office, R&D, and industrial properties. Similar scale and integrated ownership/leasing model to Two International Group.

Broad incumbents

• Boston Properties (BXP): Largest publicly traded developer and owner of Class A office properties in the U.S., concentrated in Greater Boston. Represents the larger-scale, institutional end of the same Class A office market Two International serves at a regional level.

Regional players

• Nordblom Company: Burlington, MA-based real estate investment and development firm with a New England portfolio of office, mixed-use, and multifamily assets. Comparable CRE development focus at a similar regional scale.
• The Stubblebine Company: Massachusetts-based commercial real estate brokerage, development, and investment firm focused on office and industrial properties in New England. Comparable asset class focus, though brokerage-led rather than vertically integrated owner/operator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TwoInternationalGroup/?fref=ts
• LinkedInlinkedin.com/company/two-international-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Two International Group