Archives: Transactions
Holds Transactions on the website

13 Triangle Drive
July 25, 2023
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
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Brunswick Retail Portfolio
July 25, 2023
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
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317 US Route One
June 28, 2023
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
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253 Calef Highway
June 28, 2023
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
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62 Congress Street, Portsmouth, NH
June 28, 2023
Colaco, LLC purchased a 3,982± SF retail investment condo from Legacy Partners III, LLC for $1,100,000. The unit is leased to FatFace, a popular clothing retailer that is devoted to style and dedicated to sustainability. Founded in 1988, FatFace is known for its carefully crafted clothing in an effort to make the most sustainable choices for its product, planet, and … Continue reading 62 Congress Street, Portsmouth, NH
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424 Payne Road, Scarborough, ME
June 1, 2023
Dirigo Federal Credit Union purchased a 6,418± SF retail building from Joy Real Estate of Scarborough, LLC for $2,400,000. This deal will re-develop the 4th corner of the Payne/Gorham Road intersection, joining Sam’s Club, Hannaford & Cumberland Farms. The credit union’s presence can contribute to the overall convenience and accessibility of the area, attracting more residents and businesses to the … Continue reading 424 Payne Road, Scarborough, ME
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165 Deer Street, Lot 3, Portsmouth, NH
June 1, 2023
Baywood Hotels, a leading hotel management and development company, has purchased 165 Deer Street, Lot 3 from Foundry Place Hotel, LLC for $4,250,000. The property is ideally situated in the heart of downtown Portsmouth off Maplewood Avenue adjacent to the Foundry Place Garage. Baywood plans to construct a new five-story Hyatt Place hotel on the property, boasting 117± modern rooms, … Continue reading 165 Deer Street, Lot 3, Portsmouth, NH
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95-97 Darling Avenue, South Portland, ME
June 1, 2023
Fork Food Hub purchased a 42,000± SF commercial facility from My Darling, LLC for $5,900,000. Fork Food Lab has been looking for two years for a larger building to accommodate its current 55 members and a large portion of the 100 food companies currently on a waiting list. Founded in 2016, Fork Food Lab is a nonprofit food business incubator … Continue reading 95-97 Darling Avenue, South Portland, ME
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93-95 High Street
March 29, 2023
Safford House, LLC purchased an 11,634± SF office building from Greater Portland Landmarks. The tenant is an integrated architecture, construction, and millwork firm delivering thoughtful and enduring residential and commercial projects throughout New England. The transaction was arranged by Jessica Estes of The Boulos Company.
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2211 Congress Street
March 29, 2023
Sappi North America, Inc. leased 37,537± SF of Class A office space from UNUM. The company will relocate from John Roberts Road in South Portland, joining building owner Unum Group and tenants BerryDunn and Stantec. Sappi is a leading global provider of pulp, paper, and packaging materials made from wood fiber-based renewable resources. The transaction was arranged on behalf of … Continue reading 2211 Congress Street
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945 Forest Avenue
March 29, 2023
WHN Holdings, LLC purchased a 5,510± SF mixed-use building from Doe & Co. Properties, LLC for $835,000. The buyer will occupy the first floor for retail use and rent out the second-floor office space. The transaction was arranged on behalf of the buyer by Noah Stebbins of The Boulos Company, and on behalf of the seller by Sam LeGeyt of … Continue reading 945 Forest Avenue
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45 Commerce Center Drive
February 24, 2023
45 Commerce Drive Leasing, LLC has announced the successful closing of the Central Maine Commerce Center (CMCC) in Augusta. The 317,400± SF complex, located at 45 Commerce Center Drive, is situated on 40.59± acres. The property was purchased for $18.5 million from Central Maine Commerce Center, L.P. on February 10, 2023. The building is home to a variety of tenants … Continue reading 45 Commerce Center Drive
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