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A roofing company headquartered in Knox County scooped up an industrial property in Hancock to grow its Downeast market.
Warren-based Horch Roofing acquired 477 Washington Junction Road from Downeast Printing and Graphics for $500,000.
Roy Donnelly of the Boulos Co. and Rob McKenney of Better Homes & Gardens Real Estate brokered the deal.
The 25,000-square-foot industrial building is occupied by the seller along with NewLand Nursery & Landscaping and a rental storage tenant.
“The interest here is that it's a solid 25,000-square-foot steel building with high visibility on the road that the locals use to cut around High Street when there's traffic,” said Donnelly.
The plan is to largely maintain the space as multi-tenant industrial, “of which there are very few options in Hancock County,” he added.
The roofing company will occupy part of the building.
Horch Roofing, founded in 2003, provides residential and commercial roofing services including asphalt and standing-seam metal roofing, seamless gutters and roofing repairs. The company has about 55 employees.
The company differentiates itself with its recycling efforts, said Peter Horch, the company’s president. The company has recycled 100% of its roofing waste since 2010, or more than 20 million pounds of debris.
In 2021, Horch bought a 23,219-square-foot industrial building, also with some existing tenants, at 184 Main St. in South Portland as a new outpost for the company's expansion from the midcoast region into southern Maine.
“That took off nicely,” Horch said. “So we decided to buy property going in the other direction. We have enough work in the area to support the Hancock location.”
The Hancock building was not necessary built or designed for the needs of a roofing company and it has little in the way of office space, Horch said.
“We’re going under contract with a builder soon to do some demolition work first, remove everything from the space we want to use, put in new heating and insulation, and set up office space for us,” he said.
The plan is to house administration, sales, equipment and inventory there.
“We won’t officially open there until next year,” he added. “The building is older and it hasn’t been updated. So there will be a series of renovations that we’ll do over the next three to five years to update the entire property. This is the first phase to get us up and running.”
At present, Horch has a sales person in Winterport who handles the sales in the Downeast and Mount Desert Island regions.
“In the last two or three years, sales there have grown for us,” he said. “At some point, it got more efficient for us to operate locally. Currently, we’re sending our crews from Warren to Bar Harbor to do a roof.”
The situation was similar in southern Maine. Horch hired a field worker in South Portland in 2016, and he started to get enough work that it supported buying the property there.
In Hancock, Horch said he anticipates hiring three to five office staff and five to 10 field staff in the next two to three years.
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