Author: Abigail Henderson

aerial view of lewiston

Six downtown Lewiston properties sold for $6.39M

July 18, 2019

A portfolio of six downtown Lewiston properties has been sold for $6.39 million. Little Canada LLC, controlled by Matt Hancock, bought the properties at 500 Canal St. from Franklin Properties and Franklin Property Trust, according to a news release Wednesday morning. The portfolio comprises three fully-leased Class A office […]

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The Boulos Co. Sells Lewiston Gateway Portfolio for $6.38 million

July 17, 2019

LEWISTON, ME — July 17, 2019 — The Boulos Company, Northern New England’s largest commercial real estate firm serving owners, investors, and tenants, announced that Little Canada, LLC., controlled by Matt Hancock, has purchased The Lewiston Gateway Portfolio at 500 Canal Street for $6,387,500 from Franklin Properties and Franklin Property Trust. The iconic six property portfolio, in the heart of downtown … Continue reading The Boulos Co. Sells Lewiston Gateway Portfolio for $6.38 million

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Anthony Gatti

Watching the river flow: Along the Kennebec, developers and residents are returning to the river

July 11, 2019

North River Co., the new owner of the Lockwood Mill in Waterville, considers the building a diamond in the rough — it’s worse for wear after years of vacancy, but it’s a classic 19th-century mill with soaring ceilings and windows, 3-foot brick walls and pine floors. “They don’t build […]

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Matthew and Nicole Fortin

Location key in couple’s new Portland Back Cove veterinary practice

July 8, 2019

A pair of veterinarians looking to form their own practice have found what they consider the perfect site, close to the region’s vet-focused industries and in a former medical office on the picturesque Back Cove. Veterinarians Nicole and Matthew Fortin plan to open their practice, Back Cove Animal Hospital […]

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Augusta’s Turnpike Mall, historic but beset by vacancies, sold for $3.2 million

June 28, 2019

The largely empty 214,900-square-foot Turnpike Mall has been sold to a New York real estate development firm that specializes in acquisition of retail and office buildings. The $3.2 million sale closed in May, according to The Boulos Co.’s website, after being approved by a federal court in March. The […]

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Developer Paul Boghossian holds a drawing of the Lockwood Mills complex in Waterville, including CF Hathaway Co. mill, in a presentation to members of the Waterville Rotary Club in 2008. Tuesday it was announced that he sold the remaining two Lockwood mills to the North River Company, the current owner of the Hathaway Creative Center.

Mill buildings in Waterville sold and slated for development

June 19, 2019

Developer Paul Boghossian holds a drawing of the Lockwood Mills complex in Waterville, including CF Hathaway Co. mill, in a presentation to members of the Waterville Rotary Club in 2008. Tuesday it was announced that he sold the remaining two Lockwood mills to the North River Company, the current […]

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Two out-of-state furniture chains are opening stores in Greater Portland. Here is a living room display from the Jordan

Robust home sales draw 2 new furniture stores to South Portland

June 17, 2019

Two out-of-state furniture chains are opening stores in Greater Portland. Here is a living room display from the Jordan’s Furniture store in Reading, Massachusetts, one of the two chains coming to Maine. The other, Bernie & Phyl’s, opens in the former Toys R Us space Monday. Well-heeled home buyers […]

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The Boulos Company sells 43,000 SF industrial warehouse for $4.25 million

June 13, 2019

Seabrook, NH According to The Boulos Co., one of Northern New England’s largest commercial real estate firms serving owners, investors, and tenants, Torrington Properties has purchased a 43,000 s/f industrial warehouse located at 9 Batchelder Rd. from Corium Real Estate Group. The transaction included Functional Coatings signing a lease […]

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Gelato Fiasco selling its Brunswick factory, after co-packing move to Michigan

May 13, 2019

Gelato Fiasco, a fast-growing grocery and retail brand that last year outsourced production to a Michigan company, is selling its production facility in Brunswick. The food-grade production facility, which Gelato Fiasco dubbed the “flavor foundry,” is listed by The Boulos Co. for $1.35 million. It’s located at 2 Industry […]

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Jordan’s Furniture to take former Filene’s space at Maine Mall

May 29, 2019

A Massachusetts-based furniture chain store is expanding to South Portland. Jordan’s Furniture announced Tuesday it intends to occupy the former Filene’s/Bon-Ton store’s space in the Maine Mall. It will be the company’s seventh store in New England. A spring 2020 opening is planned, according to a news release from […]

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Second Phase of Redevelopment Advances at The Downs in Maine

May 10, 2019

SCARBOROUGH, Maine – The Town of Scarborough’s Planning Board has granted preliminary approval for Crossroad Holdings’ Innovation District – a 154-acre subdivision to become the future home of light industrial, manufacturing, tech commercial and retail end-users. The Innovation District is located at the northernmost section of the property, abutting […]

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The Buzz: Lewiston’s where it’s at: New coffee, new proposed school, new cricket snacks

May 10, 2019

This week the Buzz is kickin’ and moving. First up: A little caffeine pick-me-up. Tulio DeAlmeida makes an iced macchiato for himself at the Auburn Aroma Joe’s earlier this winter. The franchisee got approval last week to open a new location in Lewiston. (Sun Journal file photo by Andree […]

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