Archives: Transactions
Holds Transactions on the website

930 West Main Street
January 30, 2024
Freeman Residential Properties, LLC purchased a 32-unit multifamily complex at 930 West Main Street in Dover-Foxcroft from Riverview Apartments, LP for $1,100,000. The transaction was arranged on behalf of the seller by Nick Lucas of The Boulos Company and on behalf of the buyer by Tim McClary of Realty of Maine.
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434 Western Avenue
January 30, 2024
Pingree 2000 Real Estate Holdings, LLC purchased a 1,632± SF retail building at 434 Western Avenue in South Portland from 434 Western Avenue, LLC for $950,000. The transaction was arranged by Derek Miller of The Boulos Company.
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29 Dock Square
January 2, 2024
Jerome Properties 29, LLC purchased a 5,862± SF retail building at 29 Dock Square in Kennebunkport from Riverview, LLC for $1,950,000. Last sold over 50 years ago, this quintessential property has the best location on the Square, sitting just over the Kennebunk River and anchored by the award-winning Hurricane restaurant along with a nice assortment of smaller retail establishments. The … Continue reading 29 Dock Square
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290 Bridgton Road
January 2, 2024
MDG Holdings, LLC purchased a 12,348± SF mixed-use building at 290 Bridgton Road in Westbrook from John F. Chase Living Trust for $1,400,000. The complex consists of an 8,748± SF three-story office building and a 3,600± warehouse/showroom. The buyer will be relocating its main office to this location and will have additional office space for lease. The transaction was arranged … Continue reading 290 Bridgton Road
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239 Knox Marsh Road
January 2, 2024
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
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27 Northport Drive
November 28, 2023
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
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534 Belgrade Road
September 27, 2023
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
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12 LYMAN STREET
November 28, 2023
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
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10-12 Andover Road
September 27, 2023
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.
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527 Ocean House Road
November 28, 2023
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
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233 S. Broadway
September 27, 2023
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
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110 Gray Road
July 25, 2023
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.
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