Category: Press Release

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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Johnstone Supply Turns Up The Heat in First New Hampshire Location

February 14, 2023

Manchester, New Hampshire, February 03, 2023: National HVACR wholesale distributor Johnstone Supply leased 875 Holt Avenue, represented by The Boulos Company. The Boulos Company team — Chris Healey from the Manchester office, Caitlin Burke from the Portsmouth office, and Derek Miller from the Portland office collaborated to represent Johnstone with an eye toward additional growth in New Hampshire. To read … Continue reading Johnstone Supply Turns Up The Heat in First New Hampshire Location

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Bar Harbor’s Landscape Transforms: Kebo Street Properties Acquires Iconic Former Port Inn, Paving Way for Local Hospitality Expansion

February 5, 2024

Bar Harbor, Maine, February 5, 2024: Local investor group, Kebo Street Properties LLC, purchased the former Port Inn/Quality Inn and Suites from Giri Bar Harbor, Inc. for an undisclosed price. In addition to the 77-room, limited-service hotel, the sale includes a 2,101± SF single-family home, which had been used for employee housing. The sellers, who purchased the hotel in 2020, … Continue reading Bar Harbor’s Landscape Transforms: Kebo Street Properties Acquires Iconic Former Port Inn, Paving Way for Local Hospitality Expansion

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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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