16-22 Station Avenue (Brunswick Station)

16-22 Station Avenue | Brunswick, ME

Quick Summary

Location:
16-22 Station Avenue
Brunswick, ME
Sold:
October
Size:
71,583± SF
Contact Broker: Drew Sigfridson, SIOR


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Description

WFF Brunswick Owner, LLC purchased a portfolio of 5 buildings, consisting of 71,583± SF from JHR Development of Maine, LLC for $18,000,000. The properties comprise retail, office, and medical office space, as well as two residential buildings. JHR developed the Brunswick Station complex 13 years ago on what was then a vacant brownfield lot. It has since grown into a commercial, residential, and transportation hub, connecting the neighborhood around Bowdoin College with Maine Street’s shops and businesses, while offering train service to Portland and Boston. The central location, with its strong, mixed-use tenant base appealed to the buyer, who has a background owning residential and commercial assets. They will retain Boulos Asset Management to manage the property for a seamless transition.

The transaction was arranged by Drew Sigfridson, SIOR, of The Boulos Company.