Malone Commercial Brokers received the 2023 CoStar Impact Award in two categories, sale/acquisition of the year and lease of the year in Portland/South Portland.
The awards highlight commercial real estate transactions and projects that have transformed their markets over the past year. Winners are chosen by independent panels of industry professionals who work in the markets they judge.
Union Station Plaza
The sale of Union Station Plaza to MaineHealth earned the sale/acquisition of the year award due to the buyer’s commitment to improving the neighborhood.
Joe Malone and Mark Malone of Malone Commercial Brokers represented the buyer and John Gendron of Gendron Commercial represented the seller in the transaction.
“In MaineHealth, we had a local buyer with a positive impact on our community and a vision for the future that benefits all Mainers,” said Bob Connor, former owner of Union Station Plaza. “I am pleased that I could work with MaineHealth, Gendron Commercial and Malone Commercial Brokers to complete this transaction.”
New England Cancer Specialists
New England Cancer Specialists leased a five-story, 200,000-square-foot medical office, currently under construction, that will anchor the Rock Row medical research campus in Westbrook.
Mark Malone brokered the transaction.
The move of NECS from Scarborough is “one of the most significant achievements” in the progress at Rock Row, according to Rock Row’s owner and developer, Waterstone Properties.
The space will be the first private multitenant medical office campus in the Greater Portland market in nearly 20 years. The building is designed with a concept of wellness and prevention, not just treatment, featuring on-site healing gardens, access to a 70-mile walking trail network and more.
Malone Commercial Brokers, a commercial real estate firm in Portland, was established in 1983.
