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A former Home Depot building has been sold to a Massachusetts-based developer as part of its plan to repurpose the building into a BJ’s Wholesale Club.
The 114,448-square-foot building was sold to Saxon Partners for $3.55 million, according to the Mainebiz Real Estate Insider, a weekly newsletter. The transaction, which was brokered by NAI The Dunham Group and Excess Space Atlantic Retail, closed on Jan. 8.
The Bangor Daily News reported that Longview Development, a subsidiary formed by Saxon Partners, plans to invest $11 million into renovating the building and dividing it into a 94,000-square-foot space for the national retailer and a 28,000-square-foot space that does not have a tenant lined up yet. BJ’s Wholesale Club is set to open this fall.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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