Category: In the news

Plans are underway for a technology and education campus to replace the B&M Beans plant in Portland, reflecting the changing culture and economy of the city. A nonprofit representing the Roux Institute at Northeastern University is buying the iconic waterfront factory and plans to build a public-private complex with classrooms, research space, offices, housing, shops, restaurants, a hotel and public … Continue reading Portland’s B&M Baked Beans factory to be replaced with Roux Institute campus

Real estate development and investment company Torrington Properties (Torrington) has acquired the Newington Park Shopping Center for $13.3 million. Torrington purchased the 15-acre shopping center from real estate investment trust Urstadt Biddle Properties Inc., which owned the property since 1979. The center offers 102,000 s/f of space for commercial, retail and medical offices. Torrington plans to transform the property into a vibrant, … Continue reading Torrington Properties acquires Newington Park Shopping Center for $13.3 million – 15-acre center purchased from Urstadt Biddle Properties Inc.

The 154-acre industrial and business subdivision connected to the Downs development project in Scarborough has completely sold out all of its 54 business lots, the developers said in a release today. The Boulos Company, the Downs’ commercial real estate firm, indicated in the release that it anticipated selling five lots per year, selling off all the lots in ten to … Continue reading Downs building project in Scarborough sells out early

After a year on the market, the Poland Crossing shopping center at 1385 Maine St. in Poland has new owners who hope to soon have two new tenants. JH Holdings bought the 19,893-square-foot, three-building plaza from JTK Holdings with Drew Sigfridson from The Boulos Co. representing the buyer and Patrick Casalinova and Kevin Fletcher of Keller Williams Realty the sellers. … Continue reading Investor sells in Portland, buys in Poland

Portsmouth, NH Noble Properties LLC purchased three office condominiums (2A, 2B & 2C) totaling 3,856 s/f at 500 Market St. from PMC Realty Trust. The buyer is opening a family pediatric practice after they complete a full renovation of the property. The transaction was arranged on behalf of the buyer by Caitlin Burke and Kent White of The Boulos Company, and … Continue reading Burke and White of The Boulos Co. broker sales transactions

KinoTek, a local digital health startup, has doubled in size over the past year and is tripling the size of its office footprint. The Boulos Company’s Sam Marinko represented KinoTek in their move from a coworking space to 22 Monument Square last July. Outgrowing the 524 SF space before the lease had even expired, landlord, Bill Stauffer, was able to … Continue reading Biz Bites: KinoTek moves a third time

Unity College announced it will lease 42,703 square feet at the Pineland Farms campus in New Gloucester for its new Technical Institute for Environmental Professions. The deal was brokered by Drew Sigfridson, SIOR and John Finegan. Find the Mainebiz article here: https://www.mainebiz.biz/article/unity-college-is-one-of-many-to-find-pineland-farms-a-good-covid-era-fit

  News Woodforest CEI-Boulos Opportunity Fund Recognized in BAI Global Innovation Awards for Societal & Community Impact   The Boulos Company is proud to announce that the Woodforest CEI-Boulos Opportunity Fund recently won the 2020 BAI Global Innovation Award in the Societal and Community Impact Innovation category. The Boulos Company is a joint venture partner in CEI-Boulos Capital Management, the … Continue reading Woodforest CEI-Boulos Opportunity Fund Recognized in BAI Global Innovation Awards for Societal & Community Impact