Fall Brook, LLC purchased a 10,030± SF mixed-use building at 117 Auburn Street in Portland from Pomeroy Realty, LLC. As part of the transaction, the new owner plans on moving its engineering business, Base Design Group, into the second floor. Base Design Group is a full-service structural engineering consulting firm based in Portland Maine. They provide design, analysis, and evaluation … Continue reading 117 Auburn Street

St. Marina, LLC purchased a 9,100± SF retail building at 947 Sokokis Trail in North Waterboro from Norman L. Allen. The listing sold for $1,500,000 in an off-market Dollar General investment sale. The transaction was arranged by Noah Stebbins of The Boulos Company.

DC 509 Forest, LLC, an entity affiliated with Developers Collaborative, has recently closed on an assemblage of properties from 509-537 Forest Avenue in Portland and a parking lot at 41 Ashmont Street from Income Property Management for an undisclosed amount. The transaction was arranged by Drew Sigfridson, SIOR and John Finegan of The Boulos Company.

RSP Augusta 1, LLC purchased from JMK Properties a two-building office investment portfolio for $4.8 million using proceeds from a 1031 exchange. 14 Gabriel Drive consists of 20,000± SF and 249 Western Ave consists of 28,000± SF. The portfolio is fully leased to TRC Engineers, LLC. The transaction was arranged on behalf of the seller by Chris Paszyc, CCIM, SIOR, … Continue reading 14 Gabriel Drive & 249 Western Avenue

In an off-market transaction, FF 21 Northwestern, LLC acquired 21 Northwestern Drive from Dennesen Industrial, LLC for $14.9 million. The property consists of a 100,450± SF industrial/flex building on a 15.26± acre parcel of land and is 100% occupied by four tenants. The transaction was arranged by Chris Healey of The Boulos Company.

In one of the largest transactions in recent years, 100 Domain Drive in Exeter, New Hampshire, was sold to Torrington Properties, Inc. by 100 Domain Drive DD & EI, LLC for $46.9 million. Torrington Properties is a vertically integrated real estate investment, development, and management company based in Boston, Durham, and New Hampshire. The property is a 263,486± SF Class … Continue reading 100 Domain Drive

  Jay and Liz Curcio of AC Hospitality, LLC purchased One Franklin Street as the new home for their acclaimed catering business, The White Apron, from Porches at Exeter, LLC. The 11,737± SF property has an event space and commercial kitchen on the first floor and three apartments on the second floor. The White Apron has earned a reputation as … Continue reading 1 Franklin Street

  Terra Incognita purchased a 13,500± SF, 14-unit multi-family condominium located at 585 Congress Street in Portland from Hammond Heirs, LLC. The buyer saw the property as an excellent opportunity for a multi-family investment in Southern Maine’s hub city of Portland. They plan on adding additional housing units in previously inaccessible parts of the building. The deal was arranged on … Continue reading 585 Congress Street

  MGM Builders purchased an 11,394± SF office/retail building located at 8 Turning Leaf Drive in Windham from Timm Realty. MGM has been building homes in Southern Maine for three decades. They have been a tenant in the building for several years, and the time was right to invest in a permanent base of operations. They will move into a … Continue reading 8 Turning Leaf Drive

We are pleased to announce the sale of the MRC Global Regional Distribution Expansion industrial building located at 1903 N. Murphy St. in Odessa, Texas, to the Lucille E. Davison Revocable Trust of 2000. The building was purchased from Doud Land Company, LLC. The sale was the result of reinvestment of sale proceeds from the earlier sale of the trust’s … Continue reading 1903 W. Murphy Street

JLM Enterprises purchased a 65,982± SF office building from Rubicon-Lewiston Holdings for $5,300,000. 198-200 Main was originally on the market for sale with The Boulos Company in 2019, however, a short-term lease with St. Mary’s in a portion of the building made it difficult at a price acceptable to the Seller. The property was subsequently taken off the market. Fast … Continue reading 198-200 Main Street, 3 Lowell Street

Amarosa Industrial Park, LLC purchased a two-building campus on 27.64± acres totaling 210,000± SF from The Arthur W. Sullivan Revocable Trust. The Buyer used 1031 exchange proceeds from the sale of 16 Amarosa Drive to purchase 35 and 35E Industrial Drive, which is a mix of industrial and office space located in Rochester’s Technology Park. The facility currently has three … Continue reading 35 & 35E Industrial Way