Brunswick retail space with tenants Dunkin’ and Subway goes for $5.25M

The off-market sale of a group of retail properties for $5.25 million signals the continued strength of the Brunswick market.

Brunswick Town Holdings LLC purchased a retail portfolio of buildings, totaling 25,181 square feet, in the off-market sale. 

The portfolio consists of 104 Pleasant St., 106–112 Pleasant St. and 275 Bath Road. 

The seller was R.E. Management Inc.

The portfolio features a mix of tenants such as Pat’s Pizza, Dunkin’, Subway and Groups Recover Together.

The buyer is an out-of-state investor with ties to Maine. The portfolio hit his investment goals, with recent new development making the Brunswick area an attractive market for commercial real estate investors.

Greg Boulos represented the seller and Noah Stebbins represented the buyer. Both are with the Boulos Co.

Late last year, the $18 million sale of Brunswick Station — commercial and residential buildings at 16-22 Station Ave. totaling 71,583 square feet — was the largest such deal in Brunswick in more than five years. The Boulos Co. facilitated that deal as well.