The Maine Arts Academy purchased a 69,615± SF building from Maine Veteran’s Homes for $3,250,000. The building is situated on 8.9± acres nearby the Capital Area Sports Complex and Viles Arboretum. Maine Veterans’ Homes began marketing the property with The Boulos Company in August 2022. Multiple offers and backup offers were received during this time, with the property going under … Continue reading 310 Cony Road

Lindt leased 12,000± SF of office space from SIP-Lot 5A, LLC. This space will serve as additional office space for Lindt’s regional headquarters, located nearby at 1 Fine Chocolate Way. Lindt is a Swiss chocolatier and confectionery company that was founded in 1845. It is known for its chocolate truffles and chocolate bars, among other sweets. Lindt is based in … Continue reading 22 Marin Way (Lindt)

Allagash Brewing Company purchased 7.88± acres of land from Crossroad Holdings, LLC. This Portland-based brewery was looking to expand and plan for the future. The Downs in Scarborough was a great opportunity for Allagash as they continue to grow, providing them a site to build a new tasting room. As Allagash continues to evolve, they plan to uphold their dedication … Continue reading Haigis Parkway District (The Downs)

WFF Brunswick Owner, LLC purchased a portfolio of 5 buildings, consisting of 71,583± SF from JHR Development of Maine, LLC for $18,000,000. The properties comprise retail, office, and medical office space, as well as two residential buildings. JHR developed the Brunswick Station complex 13 years ago on what was then a vacant brownfield lot. It has since grown into a … Continue reading 16-22 Station Avenue (Brunswick Station)

A/Z Corporation leased 60,000± SF of industrial space from Oliver Street Capital. The leased facility includes clear heights between 18′-24′, eight loading docks, one drive-in, and an excellent location proximate to I-93. The transaction was arranged on behalf of the tenant by Drew Sigfridson, SIOR, and Chris Healey of The Boulos Company, and on behalf of the landlord Alex Berger … Continue reading 7 Connector Road

Freedom Boat Club of Maine purchased a 10.86± acre parcel with storage and office buildings from Catheryn Ingerson. The rapid growth of the company has led to the need for a dedicated operations facility for boat storage and rigging. Freedom Boat Club of Maine currently has six locations, 360 members, and over 40 boats. Club members can enjoy boating at … Continue reading 33 Allen Range Road

The Bluffs, LLC purchased a 63,840± SF multifamily complex from Randall Road Associates, LLC for $10,200,000. The Bluffs, a 65-unit townhouse-style apartment complex, has excellent historical occupancy, long-term tenants, and a waiting list. Each unit consists of two bedrooms and 1.5 bathrooms, with two parking spaces. The sale also featured a 10.51± acre parcel of land, previously approved for 65 … Continue reading 1 Tourmaline Drive & 10 Almond Avenue

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.