Archives: Transactions
Holds Transactions on the website
100 Domain Drive
August 29, 2022
In one of the largest transactions in recent years, 100 Domain Drive in Exeter, New Hampshire, was sold to Torrington Properties, Inc. by 100 Domain Drive DD & EI, LLC for $46.9 million. Torrington Properties is a vertically integrated real estate investment, development, and management company based in Boston, Durham, and New Hampshire. The property is a 263,486± SF Class … Continue reading 100 Domain Drive
read more1 Franklin Street
July 26, 2022
Jay and Liz Curcio of AC Hospitality, LLC purchased One Franklin Street as the new home for their acclaimed catering business, The White Apron, from Porches at Exeter, LLC. The 11,737± SF property has an event space and commercial kitchen on the first floor and three apartments on the second floor. The White Apron has earned a reputation as … Continue reading 1 Franklin Street
read more585 Congress Street
July 26, 2022
Terra Incognita purchased a 13,500± SF, 14-unit multi-family condominium located at 585 Congress Street in Portland from Hammond Heirs, LLC. The buyer saw the property as an excellent opportunity for a multi-family investment in Southern Maine’s hub city of Portland. They plan on adding additional housing units in previously inaccessible parts of the building. The deal was arranged on … Continue reading 585 Congress Street
read more8 Turning Leaf Drive
July 26, 2022
MGM Builders purchased an 11,394± SF office/retail building located at 8 Turning Leaf Drive in Windham from Timm Realty. MGM has been building homes in Southern Maine for three decades. They have been a tenant in the building for several years, and the time was right to invest in a permanent base of operations. They will move into a … Continue reading 8 Turning Leaf Drive
read more1903 W. Murphy Street
June 28, 2022
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
read more198-200 Main Street, 3 Lowell Street
June 28, 2022
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
read more35 & 35E Industrial Way
June 28, 2022
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
read more23 Bridgton Road
May 31, 2022
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
read more16 Amarosa Drive
May 31, 2022
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
read moreSanford Multi-Family Portfolio
May 31, 2022
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
read more774 Center Street
April 28, 2022
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
read more5 Perkins Way
April 28, 2022
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
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