Category: In the news

MEREDA’s Forecast Conference highlights a robust real estate industry full of collaboration & innovation

March 8, 2024

  March 08, 2024 – Northern New England Portland, ME On Thursday, February 29th, over 800 of Maine’s real estate and development professionals gathered at the Holiday Inn By the Bay to learn about the latest trends and predictions for the real estate economy at the Maine Real Estate & Development Association’s (MEREDA’s) Forecast Conference and Member Showcase. “The Forecast Conference is … Continue reading MEREDA’s Forecast Conference highlights a robust real estate industry full of collaboration & innovation

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Maine’s Tallest Building Offers Ground Floor Opportunity for the Right Tenant

May 5, 2023

Portland, Maine, May 3, 2023: Eighteen stories above Portland, 201 Federal Street will offer sweeping views from a rooftop sky lounge—one of many amenities for future tenants. Maine’s tallest building will feature 263 apartments and is being developed by Redfern Properties. Construction is scheduled for completion by January 2024. Two first-floor retail spaces – 2,300± SF and 527± SF – … Continue reading Maine’s Tallest Building Offers Ground Floor Opportunity for the Right Tenant

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Department of Veterans Affairs Signs Lease at Sable Oaks

May 5, 2023

South Portland, Maine, April 26, 2023: The General Services Administration (GSA) leased 5,282± SF of space at 707 Sable Oaks for the Department of Veterans Affairs as a Vet Center. The location was a good fit due to its proximity to nearby amenities, such as a bus line and multiple restaurants. To read more, click here!

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Sale of Kennebec Valley YMCA to Woodfords Family Services Creates Opportunity for Expanded Services for Individuals with Disabilities in the Kennebec Valley Area

May 5, 2023

Manchester, Maine: The Kennebec Valley YMCA has successfully sold its mixed-use property located at 40 Granite Hill Road to Woodfords Family Services for an undisclosed amount. The sale represents a significant step in the YMCA’s consolidation plan as they merge with their facility in Augusta and in Woodford’s long-term plan to expand services in Central Maine. To read more, click … Continue reading Sale of Kennebec Valley YMCA to Woodfords Family Services Creates Opportunity for Expanded Services for Individuals with Disabilities in the Kennebec Valley Area

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Popular Portsmouth Attracts Baywood Hotels

May 5, 2023

Portsmouth, New Hampshire, April 24, 2023: Baywood Hotels, a leading hotel management and development company, has purchased 165 Deer Street, Lot 3 for $4,250,000 from Foundry Place Hotel, LLC. The Boulos Company’s Christian Stallkamp brokered the deal on behalf of the seller. To read more, click here!

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Investor Appetite for Coastal Property Continues Strong

May 5, 2023

Hancock, Maine, April 17, 2023: The John Paul and Paige Helm Maginel Joint Revocable Trust purchased 126–136 Pound Road from Just in Case of Maine, LLC for $2.55 million. The property includes a fully functional, 31,064± SF lobster pound, two residences, and vacant waterfront land. The Boulos Company’s Jonathan Rizzo, SIOR, and Joe Italiaander arranged the transaction. To read more … Continue reading Investor Appetite for Coastal Property Continues Strong

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45 Commerce Drive Leasing LLC Acquires Central Maine Commerce Center for $18.5 Million

February 24, 2023

Augusta, Maine, February 21, 2023: 45 Commerce Drive Leasing, LLC has announced the successful closing of the Central Maine Commerce Center (CMCC) in Augusta. The 317,400± SF complex, located at 45 Commerce Center Drive, is situated on 40.59± acres. The property was purchased for $18.5 million from Central Maine Commerce Center, L.P. on February 10, 2023. Chris Paszyc, CCIM, SIOR, … Continue reading 45 Commerce Drive Leasing LLC Acquires Central Maine Commerce Center for $18.5 Million

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The Boulos Company's 2023 Greater Portland Market Outlook

The Boulos Company Releases its 2023 Greater Portland Market Outlook Report

March 14, 2023

  Portland, Maine, 2023: The Boulos Company, Northern New England’s premier commercial real estate brokerage, is proud to unveil its 2023 Greater Portland Market Outlook. This comprehensive report provides valuable insights into the current state of the commercial real estate market throughout Maine, with a focus on trends and predictions for the year ahead. To read more, click here!

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Maine Arts Academy Acquires Former Maine Veterans’ Homes Property in Augusta

January 5, 2023

Augusta, Maine, January 5, 2023: The Maine Arts Academy has announced the successful closing of the former location of Maine Veterans’ Homes Augusta. The 69,615± SF building, located at 310 Cony Road, is situated on 8.9± acres nearby the Capital Area Sports Complex and Viles Arboretum. The property was purchased for $3.25 million on January 4, 2023. Chris Paszyc of … Continue reading Maine Arts Academy Acquires Former Maine Veterans’ Homes Property in Augusta

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Brunswick Station: From Vacant Lot to Multi-Million Dollar Hub

November 29, 2022

Brunswick, Maine, November 28, 2022: In the largest reported transaction in Brunswick in more than five years, JHR Development sold its portfolio of five buildings and associated parking lots at Brunswick Station to WFF Brunswick for $18 million. The transaction was arranged on behalf of the seller by Drew Sigfridson, SIOR of The Boulos Company. The properties comprise retail, office, … Continue reading Brunswick Station: From Vacant Lot to Multi-Million Dollar Hub

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GoGo Refill Brings Low-Waste Living to Brunswick

November 22, 2022

Brunswick, Maine, November 21, 2022: Laura Marston is leasing 163 Pleasant Street to open a new GoGo Refill. The 1,100± SF building is the second location for Marston’s low-waste, plastic-free retail business. Cameron Foster of The Boulos Company handled the transaction on behalf of the landlord, Holland Low, who was seeking a low-impact tenant. Built in 1990, the building is … Continue reading GoGo Refill Brings Low-Waste Living to Brunswick

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A New Home for Botto’s & A Bakery For Sale

November 14, 2022

Portland, Maine, November 14, 2022: After 70 years on Washington Avenue, family-owned Botto’s Bakery is moving to 5 Karen Drive in Westbrook. The Boulos Company’s Craig Young facilitated the lease. To read more on this, click here!

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