The former Christmas tree farm at 239 Knox Marsh Road was sold to 239 Knox Marsh Realty, LLC for $1,225,000. Seller, Equine Properties, LLC, acquired the 9.36± acre site in 2020 and secured all of the approvals necessary for a mixed-use housing project comprising 52 multi-family units, two 13,583± SF commercial units, and 12 single-family homes. The buyer, a regional … Continue reading 239 Knox Marsh Road

Cumberland County purchased a freestanding office building at 27 Northport Drive in Portland from Martin’s Point Health Care Inc. in a deal that closed for $4,580,000. The county plans to renovate the 32,532± SF interior of the three-story building and consolidate offices in 2024. The transaction was arranged on behalf of the seller by Nate Stevens of The Boulos Company … Continue reading 27 Northport Drive

E23, LLC purchased a 56,271± SF industrial building at 534 Belgrade Road in Oakland from Valley Distributors Realty Holdings, LLC for $3,650,000. The Class A distribution facility features well-appointed office space, and a fuel depot, and lies adjacent to the active rail line. The buyer, a subsidiary of Fabian Oil, will utilize the facility to consolidate their operations center, improve … Continue reading 534 Belgrade Road

12 Lyman Street Realty, LLC purchased a multi-family building at 12 Lyman Street in Berwick from Lyman Landing, LLC for $1,750,000. The apartment complex consists of 12 units and is located in the heart of downtown Berwick. The transaction was arranged on behalf of the buyer by Noah Stebbins of The Boulos Company and on behalf of the seller by … Continue reading 12 LYMAN STREET

MAHC Inc. purchased a 9,460± SF office building at 10-12 Andover Road in Portland from CBS Realty, LLC for $2,495,000. The transaction was arranged on behalf of the seller by Chris Paszyc, CCIM, SIOR of The Boulos Company and on behalf of the buyer by Justin Lamontagne of The Dunham Group.

Prentice Hospitality Group purchased a 3,624± SF restaurant at 527 Ocean House Road in Cape Elizabeth for an undisclosed price. For 38 years The Good Table, run by father-daughter restaurateurs Lisa and Tony Kostopoulos, has been loved for its generous portions of comfort food, Greek specialties, and friendly staff. The new owner, Prentice, operates Evo, Twelve, the Chebeague Island Inn, … Continue reading 527 Ocean House Road

Joy Real Estate of Salem, LLC purchased a 3,071± SF retail building at 233 S. Broadway in Salem, NH from Leemitt’s Petroleum, Inc. for $1,700,000. The acquisition nicely fulfilled a 1031 requirement from the sale of another property for the investor. The current tenant, Mattress Firm, has lease term remaining, and the prime location in a strong retail area makes … Continue reading 233 S. Broadway

110 Gray Road Realty, LLC purchased an 8,560± SF industrial building from ATRH Falmouth, LLC for $2,105,000. The transaction was arranged on behalf of the seller by Claire Richardson and John Finegan of The Boulos Company.

Bryson & Fern, LLC purchased a 12,320± SF 18-unit multi-family property at 13 Triangle Drive in Hampden from Triangle Properties for $2,285,000. This residential community is in an upscale, private location in a rural setting yet close to everything. Just off the County Road in Hampden, it is within close proximity to Bangor city limits which affords residents close access … Continue reading 13 Triangle Drive

Brunswick Town Holdings, LLC purchased a three-building retail/office portfolio totaling 25,181± SF from R.E. Management, Inc. for $5,250,000. The buyer is an out-of-state investor with ties to Maine, and the portfolio, which features a mix of national retailers, medical office users, and professional office users, hit all of his investment goals. The recent new development is making the Brunswick area … Continue reading Brunswick Retail Portfolio

Saint Thomas, LLC purchased a 10,717± SF retail building at 317 US Route One in York from MCG Warren, LLC for $3,825,000. Built in 2022, the property consists of two newly-constructed, freestanding retail buildings totaling 10,717± SF, leased to O’Reilly Auto Parts and Sherwin Williams. The buyer has been seeking to acquire triple-net leased retail investment properties with long-term leases … Continue reading 317 US Route One

Calef REI, LLC & One603, LLC purchased a 7,314± SF multi-tenant investment property from WPM Properties, LLC for $1,183,000. Tenants include McKinnon’s Service Station, Romeo Powersports, and Coastal Mechanical. The Buyer intends to continue to use the property as an investment with potential plans for expansion down the line. The transaction was arranged on behalf of the seller by Katherine … Continue reading 253 Calef Highway