Category: Press Release

Iconic South Portland Market Building Sold. New Owners Plan to Reopen by Summer

June 6, 2023

  South Portland, Maine, May 11, 2023: 101 Ocean LLC purchased the former Legion Square Market building at 101 Ocean Street. The LLC is operated by Jack and Max Barber, owners of Mainely Burgers food trucks and Mainely Burgers restaurant in Boston, MA. To read more, click here!

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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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A New HQ for an Established Maine Business

April 7, 2023

Waterville, ME April 7, 2023: After over 20 years in downtown Waterville, Day’s Jewelers’ corporate office will be making a big move. The corporate office for Day’s has long been located above the Waterville, ME store at 88 Main Street. With the office’s lease up for renewal in May 2023, and an expanding corporate team with a growth mindset, the … Continue reading A New HQ for an Established Maine Business

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Sappi Adds its Name to the List of Prestigious Tenants at 2211 Congress Street in Portland, Maine

March 8, 2023

  Portland, March 14, 2023: Sappi North America, Inc. signed a lease on 37,537± SF of Class A office space at 2211 Congress Street. The company will relocate from John Roberts Road in South Portland, joining building owner Unum Group and tenants BerryDunn and Stantec. Sappi is a leading global provider of pulp, paper, and packaging materials made from wood … Continue reading Sappi Adds its Name to the List of Prestigious Tenants at 2211 Congress Street in Portland, Maine

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Historic de Rochemont House Sells, Fully Leased

March 29, 2023

Newington, New Hampshire, March 20, 2023: Kent White of The Boulos Company represented de Rochemont House LLC in the sale of 100 Shattuck Way for $2.1 million. The property consists of 14,711± sf of medical/office space and sits on a 1.63± acre lot, all leased by Whole Life Health Care through December 31, 2028. The buyer, Blueberry Banke LLC, will … Continue reading Historic de Rochemont House Sells, Fully Leased

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Wedding Angels Arrive in Time to Dress June Brides

March 29, 2023

Portland, Maine, March 06, 2023: Wedding Angels Bridal Boutique leased the remaining 7,391± SF of retail space at 101 York Street. The Boulos Company’s Derek Miller represented both Wedding Angels and 101 York Street, LLC in the transaction. To read more on this deal, click here!  

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Housing Initiatives of New England Grows Scarborough Portfolio

March 29, 2023

  Scarborough, Maine, February 02, 2023: Housing Initiatives of New England (HINEC) purchased 260 Route One in Scarborough for $750,000. The seller, Joy Real Estate of Scarborough, was represented by Chris Gallagher and Joe Italiaander of The Boulos Company. To read more, click here!

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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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