Category: In the news

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 […]

read more
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 […]

read more
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 […]

read more

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 […]

read more

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 […]

read more

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 […]

read more

The Boulos Company names new partner

May 10, 2019

The Boulos Company | Contributed PORTLAND, Maine, and PORTSMOUTH, New Hampshire — The Boulos Company, Northern New England’s largest commercial real estate firm serving owners, investors, and tenants throughout Maine and New Hampshire, announced Monday that broker Nate Stevens has been promoted to partner. “Nate is a well-respected broker […]

read more