The Boulos Company is pleased to announce the sale of the 242,965± SF industrial building located at 7 Rand Road in Portland, Maine. The building was purchased by Brockway Smith Company for $12,800,000 from Rand Road Holdings, LLC. The Brockway Smith Corporation manufactures doors, windows and other millwork products. This company also has roots in the hardware store industry from the 1890s and has had facilities in Portland, Maine since 1926. Over the coming months, Brockway Smith will renovate the building for their needs and relocate to the facility. The property will be used for manufacturing and distribution of Brosco products and expansion of their operations.
This transaction was arranged by Drew Sigfridson, SIOR and Tony McDonald