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

Joy Real Estate of Westbrook, LLC purchased a 7,000± SF office building and a 1,280± SF retail building on 18.27± AC from TOT Associates, LLC for a total of $1,809,120. The properties closed in two transactions – 25 Bridgton Road closed at the end of 2021, and 23 Bridgton Road closed in late April 2022. The properties were owned by … Continue reading 23 Bridgton Road

Sig Sauer Real Estate, Inc. purchased the two-building, four-unit investment opportunity directly off Route 125 in Rochester, NH, from Amarosa Industrial Park, LLC. The property is conveniently located close to the Spaulding Turnpike and the Maine border. This strategic acquisition abuts Sig Sauer’s large warehousing/manufacturing facility and will help with their projected future growth. The transaction was arranged on behalf … Continue reading 16 Amarosa Drive

The Boulos Company’s Chris Gallagher and Joe Italiaander represented the owner in the sale of a 17-property portfolio to 56 Properties, LLC for $3,950,000. This deal is one of Southern Maine’s largest multifamily portfolio sales of the year. Over the course of six months, the Boulos team navigated many challenges and found creative solutions to bring the complex transaction to … Continue reading Sanford Multi-Family Portfolio

Androscoggin County of Maine purchased a 6.54± AC parcel of land improved with a 12,619± SF mixed-use building from Quiz Kids, LLC/Malibu Rentals, LLC for $4.52 million. Androscoggin County of Maine will utilize this space as the new Sheriff’s Office. The transaction was arranged on behalf of the seller by Chris Paszyc, CCIM, SIOR, of The Boulos Company and on … Continue reading 774 Center Street

The owner of Buy New England Lobster, LLC, a wholesale lobster distribution company, purchased the 8-unit property on 5 Perkins Way in Newburyport, MA. Two of the eight units will eventually serve as their new headquarters. The other six units are leased to other tenants, with one unit available for lease in October 2022. Caitlin Burke worked with the buyer … Continue reading 5 Perkins Way

The Institute for Digital Engineering and Life Sciences, a nonprofit set up by the Roux family, purchased the former B&M Baked Beans factory at 1 Beanpot Circle in Portland from B&G Foods. The factory will be redeveloped over the next ten years and replaced with shops, offices, and classrooms for the Roux Institute at Northeastern University. The transaction was arranged … Continue reading 1 Beanpot Circle

In April 2022, J.B. Brown and Sons purchased a fully leased 200,000± SF industrial distribution facility from Penobscot Logistics Solutions in Bangor. This was an off-market investment opportunity uncovered by Drew Sigfridson, SIOR of The Boulos Company through contacts with the Seller. The buyer had a 1031 exchange requirement and was looking to acquire property in different locations throughout Maine. … Continue reading 70 Bennett Street

A.R. Building Company purchased a 29.12± acre parcel of land from Just Because, LLC to develop 128 housing units, which will be a mix of one and two-bedroom apartments in two four-story buildings that will be connected by a clubhouse. The apartment complex will feature a gym, pool, and in-unit laundry facility. Construction will begin this spring with a targeted … Continue reading 0 Mt. Auburn Avenue

Greater Portland Health purchased a 7,197± SF medical building from Firehouse Five, LLC at 295 Park Avenue in Portland for $2,100,000. This new location will be easily accessible for their current clients and will offer them more room for expansion possibilities. Greater Portland Health is a medical practice facility committed to offering everyone in the community high-quality and affordable care. … Continue reading 295 Park Avenue