A roundup of commercial sales for the month of August 2023
Courtesy / The Boulos Co
In Rockland, the Knox Center and the Bok Building sold to Knox Center LLC by Pen Bay Medical Center for an undisclosed price. Chris Paszyc of the Boulos Co. brokered the sale.
Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during August. (The Thursday Real Estate Insider compiles real estate leases.)
The information is provided by brokerages and thus does not include privately managed transactions.
From the Real Estate Insider of Aug. 1
104 Pleasant St., 106–112 Pleasant St. and 275 Bath Road, Brunswick: Retail portfolio totaling 25,181 square feet sold to Brunswick Town Holdings LLC by R.E. Management Inc. for $5.25 million. Greg Boulos (representing seller) and Noah Stebbins (representing buyer) with the Boulos Co. brokered the deal.
1830 Lisbon St., Lewiston: Off-market commercial property sold to Kirouac Properties LLC by JB 1830 LLC for $1.25 million. Kevin Fletcher of the Fletcher Group of Keller Williams Realty (representing buyer and seller) brokered the transaction, which closed July 19.
From the Real Estate Insider of Aug. 8
429 Warren Ave., Portland: 37,500-square-foot industrial property sold to Portland Commerce Center LLC by PH Warren Ave LLC for $9.6 million. Joe Malone and Jennifer Small of Malone Commercial Brokers brokered the transaction, which closed July 26.
341 Park St., Rockland: Industrial sold to 341 Park St LLC by RSP Rockland LLC for $4.7 million. Asher Chappell and Josh Soley of Maine Realty Advisors brokered the deal, which closed July 14.
150 High St., Ellsworth: Retail sold to 150 High Street LLC by RSP Ellsworth LLC for $2.8 million. Josh Soley of Maine Realty Advisors and Tom Moulton of the Dunham Group brokered the deal, which closed June 13.
60 Shore Road, York: Restaurant sold to Lip LLC by 60 Shore LLC for $2.4 million. Frank Carr and Ryan Carey of Maine Realty Advisors and Bette Schofield of Pack Maynard & Associates Real Estate LLC brokered the deal, which closed June 1.
665 Western Ave. and 130 Prescott Ave., Manchester: Self-storage sold to the Herget Group LLC by Fred Snow for $1.4 million. Ben Spencer of Maine Realty Advisors brokered the deal, which closed May 31.
21 Old Farm Road, Lewiston: Industrial sold to Wayward Industries LLC by Transcendia Inc. for $744,000 Frank Carr of Maine Realty Advisors and Noah Stebbins of the Boulos Co. brokered the deal, which closed June 2.
1420 Long Plains Road, Buxton: 1,700-square-foot retail building sold to S&C LLC by Common Enterprises LLC for $605,000. Cheri Bonawitz and Karen Rich of Malone Commercial Brokers (representing seller) and Katherine Hogan of Reside in Maine (representing buyer) brokered the transaction, which closed July 7.
109-111 Water St, Hallowell: Multifamily sold to Anna Simmler by Bryan and Elaine Carlson for $500,000. Ben Spencer of Maine Realty Advisors brokered the deal, which closed May 1.
11D Gorham Industrial Pkwy., Gorham: 2,500-square-foot industrial condo sold to Estes Investments LLC by 11D LLC for $370,000. Greg Hastings of the Dunham Group brokered the sale, which closed Aug. 1.
6 State Road, Presque Isle: Industrial sold to Globo Gym LLC by Mainely Mexican LLC for $180,000. Andre Rossignol of Maine Realty Advisors and Mike Willette of Big Bear Real Estate Co. brokered the deal, which closed June 26.
1504 Atlantic Highway, Waldoboro: 10.3-acre parcel of land sold to William Pinkham by Hannaford Brothers Co. for $115,000. Greg Boulos and Samantha Marinko of the Boulos Co. (representing seller) and Sam Armentrout of Armentrout Select Realty (representing buyer) brokered the deal.
2456 Lafayette Road, Portsmouth, N.H.: 593-square-foot office condo sold to Little White Dog Holdings LLC by Raed Tazziz for $105,000. Cheri Bonawitz and Karen Rich of Malone Commercial Brokers (representing buyer) and Bill Mouflouze of Bill Mouflouze & Associates Real Estate (representing seller) brokered the transaction, which closed July 28.
Lot 38, Edelheid Road, Sandy River: 2.34-acre lot sold to Andrew and Audrey Patin by Frank Read for $60,000. Brandon Mitchell of Malone Commercial Brokers (representing buyer) and Caryn Dreyfuss of Morton & Furbish Real Estate Agency (representing seller) brokered the transaction, which closed July 28.
740 Central St., Millinocket: Katahdin Inn & Suites sold to SS & DS RE Holdings LLC by RSK LLC for undisclosed price. Roger Daigle and Stan Rintz of Daigle Commercial Group Inc. (representing sellers) brokered the transaction, which closed July 27.
199 Pleasant St., Brunswick: Comfort Inn Brunswick sold to Freeport Hotel LLC, affiliated with JNR Development LLC, by Austin Hotels LLC for undisclosed price. Roger Daigle and Bridget Conley of Daigle Commercial Group Inc. (representing buyers) brokered the transaction, which closed July 18.
From the Real Estate Insider of Aug. 15
104 Lincolnville Ave., Belfast: Retail property sold to Tamarack Acquisitions LLC, a Georgia limited liability company, by 104 Lincoln Avenue LLC for $775,000. Josh Soley of Maine Realty Advisors brokered the deal, which closed March 21.
29 Haigis Pkwy., Scarborough: 2.84-acre land site sold to KMan Scarborough LLC by Three Diamonds Realty Inc. for $327,500. Peter Gwylim from Porta & Co. (representing buyer) and Sam LeGeyt and Jim Harden from the Dunham Group (representing seller) brokered the sale, which closed Aug. 7.
31 Haigis Pkwy., Scarborough: 17.48-acre land site sold to KMan Scarborough, LLC by LC Holdings LLC for $300,000. Peter Gwylim from Porta & Co. (representing buyer) and Sam LeGeyt and Jim Harden from the Dunham Group (representing seller) brokered the sale, which closed Aug. 7.
213 Main St., Freeport: Kendall Tavern Inn sold to Kendall Tavern Inn LLC by NRK MAP LLC for undisclosed price. Dana Moos and Diane Pace of Swan Agency Real Estate brokered the deal which closed Aug. 3.
2 Park Drive, Rockland: Trade Winds Inn sold to LMA NY Managment LLC by Trade Winds Motor Inn, a Maine corporation, for undisclosed price. Roger Daigle of Daigle Commercial Group Inc. brokered the transaction, which closed Aug. 7.
From the Real Estate Insider of Aug. 22
168 Saco Ave., Old Orchard Beach: 16,205-sqaure-foot mixed-use building sold to Eagle Holdings Co. by Duffy’s Holdings LLC for $1.8 million. Nate Stevens and Samantha Marinko of the Boulos Co. (representing seller) and Sam LeGeyt of the Dunham Group (representing buyer) brokered the transaction, which closed June 26.
836 Center St., Auburn: 3,237-square-foot bank building sold to Northeast Bank by Central Maine Federal Credit Union for $1.5 million. Greg Boulos and Samantha Marinko of the Boulos Co. (representing buyer) brokered the transaction, which closed July 7.
947 Waterford Road, Waterford: 61,904-square-foot industrial building sold to Waterford Plant LLC by 947 Waterford Road LLC for $1,271,611. Chris Paszyc and Noah Stebbins of the Boulos Co. brokered the transaction, which closed June 30.
277 River Road, Mexico: 1.26-acre development parcel sold to Norfolk County Development LLC by Coyote Properties LLC for $94,000. John Doyon of Malone Commercial Brokers brokered the transaction, which closed Aug. 11.
4 White St., 38 Beech St., 22 White St. and 87 Limerick St., Rockland: Knox Center and the Bok Building sold to Knox Center LLC by Pen Bay Medical Center for undisclosed price. Chris Paszyc of the Boulos Co. brokered the sale, which closed Aug. 7.
From the Real Estate Insider of Aug. 29
70-72 Portland Road, Kennebunk: 9.64-acre development parcel sold to Loon Properties LLC by Northeast Credit Union for $2.5 million. Tim Millett and Joe Porta of Porta & Co. brokered the deal, which closed Aug. 11.
115-117 Pierce St. and 179 Pine St., Lewiston: 15,106-square-foot, 18-unit, multi-family portfolio sold to Maine Capital LLC by Peach Properties LLC for $1.25 million. Noah Stebbins of the Boulos Co. (representing seller) and Thomas Gadbois of F.O. Bailey Real Estate (representing buyer) brokered the transaction, which closed July 10.
25 Goodwin St., South Berwick: 3,509-square-foot medical building sold to Yellow Bug LLC by Kazmira LLC for $465,000. Chris Gallagher of the Boulos Co. arranged the transaction, which closed July 14.
185 High St., Portland: 2,825-square-foot office condo sold to 185 High Street LLC by the Methodist Society of Portland Maine for $350,000. Andrew Ingalls of Malone Commercial Brokers (representing buyer) and Tom Moulton and Katie Breggia of the Dunham Group (representing seller) brokered the transaction, which closed Aug. 16.
60 Barra Road, Biddeford: 10.14 acres of land with permits for 250 multifamily residential rental units sold to Barra Road LLC by SPME Barra LLC for undisclosed price. Anthony Armstrong of SVN The Masiello Group brokered the deal, which closed July 14.
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