Archives: Transactions
Holds Transactions on the website

University of Maine System
March 1, 2019
University of Maine System purchased a Class A office building from Greater Franklin Development Council. The building, commonly known as the Abbott Hill Business Center, is located at the gateway to downtown Farmington. It was originally built as a MBNA facility in 1999, then housed Notify MD, Inc for a call center who vacated the property 12/31/18. After 2 months … Continue reading University of Maine System
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Guardian Communities LLC
March 1, 2019
Guardian Communities LLC purchased a mobile park portfolio in Livermore Falls and Vassalboro from Blue Ridge Properties, LLC. The buyer purchased the portfolio, totalling 65 pad sites, as an investment and will continue to operate it as such.
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Girls on the Run – Maine
March 1, 2019
Girls on the Run leased office space in Westbrook from landlord One Karen Drive LLC. The tenant is a nonprofit organization dedicated to inspiring girls to be joyful, healthy and confident using a fun, experience-based curriculum which creatively integrates running. Girls on the Run outgrew its previous space and will be opening for business at its new location on May … Continue reading Girls on the Run – Maine
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F-Pak ME, LLC
November 12, 2018
F-Pak ME, LLC purchased a two-building industrial complex in Lewiston from Bell Manufacturing Company d/b/a SML. The buyer purchased the buildings as an investment and will lease the space back to SML, which manfactures clothing tags. The transaction was arranged on behalf of the seller by Tim Millett and on behalf of the buyer by Josh Soley with Maine Realty … Continue reading F-Pak ME, LLC
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1006 Forest Avenue, LLC
November 12, 2018
1006 Forest Avenue, LLC purchased an office building in Portland from BJB Realty. The buyer purchased the building as an investment and will continue operating it as such. The transaction was arranged on behalf of the seller by Tony McDonald, CCIM, SIOR and Jon Rizzo and on behalf of the buyer by John Doyon with Malone Commercial Brokers.
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North River Londonderry, LLC
November 12, 2018
12 North Wentworth Avenue is a 70,180 ± SF industrial building on 10.34 acres. The building features 4,600 ± SF of office that includes a combination of walled offices and open area, reception, conference rooms and breakroom. The warehouse area has 24′ x 24′ column spacing, a clear height of 24′, 12 loading docks, one 12′ x 14′ drive-in, and … Continue reading North River Londonderry, LLC
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Nichols Portland
November 12, 2018
Nichols Portland leased office/industrial space in South Portland from landlord Maine Medical Center. The tenant, the first company to manufacture geroters and geroter pumps, is outgrowing its space at 2400 Congress Street and will be moving some of its operations to 39 Wallace Avenue. The transaction was arranged by Drew Sigfridson, SIOR, Jessica Estes, and Tony McDonald, CCIM, SIOR.
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Venetians, Inc.
November 12, 2018
Ventians, Inc. purchased Machester Place, a Class A office building, from Peary Group LLC. The buyer purchased the building as an investment and plans to further develop the large 60+ acre lot with new construction buildings. Peary Group LLC, the former owner-occupier of Manchester Place with businesses Northern New England Sport and Spine and Northern New England Diagnostics, sold and … Continue reading Venetians, Inc.
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Torrington Properties, Inc.
November 12, 2018
The Bryant Property Portfolio consisted of 58 units in five buildings across five parcels. The portfolio was at 100% occupancy at the time of the sale and has maintained a 100% occupancy rate since 2012. Other features of the units included on-site parking for tenants, solar powered, energy efficient heating systems and efficient property management team. The new owners purchased … Continue reading Torrington Properties, Inc.
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Chinburg Properties
November 12, 2018
Chinburg Properties purchased the Dana Warp Mill in Westbrook from DWM LLC. The buyer, a developer that specializes in renovating historic mill buildings in New Hampshire, plans to continue operating the building as an investment. This purchase will expand the buyer’s portfolio into Maine. The transaction was arranged by Nate Stevens and Jon Rizzo.
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Port Property Management
November 12, 2018
Port Property Management purchased an industrial building in Portland from the City of Portland. The buyer currently plans to completely redevelop the building into small retail and flex spaces. This will add to the overall redevelopment Portland’s West Bayside area is currently experiencing. The transaction was arranged on behalf of the seller by Nate Stevens and on behalf of the … Continue reading Port Property Management
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Rigz Enterprises, LLC
November 12, 2018
15 Batchelder Road is an 11,583 ± SF facility offering 8,667 ± SF of manufacturing/warehouse space and 2,916 ± SF of office space on two levels. At the time of sale features included 5 – 6 individual offices, HVAC throughout building, a kitchen area/break room and 3-phase power. This great location is less than ½ mile off I-95 and benefits … Continue reading Rigz Enterprises, LLC
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