Real Estate Transactions January 2017
28 Broad St., Bangor: Luxury apartment building sold to Broad Street LLC from 28 Broad Street LLC for $3.125 million. Mike Cobb, Michael Cardente and Matthew Cardente of Cardente Real Estate (representing seller) and Marion Cheney of RE/MAX on the Move (representing buyer) brokered the deal, which closed Jan. 13, 2017.
34 Ocean Ave., Scarborough: The Higgins Beach Inn sold to Migis Hotel Group by Higgins Beach Inn Inc. for $1.5 million. Cheri Bonawitz of Cardente Real Estate brokered the deal, which closed Dec. 22, 2016
180 McKown Point Road, Boothbay Harbor: 8,560-square-foot office building sold to John T. Abbe by the State of Maine for $250,000. Chris Paszyc of CBRE|The Boulos Company and Karen Perkins of Tindal & Callahan Real Estate brokered the deal, which closed Jan. 10, 2017.
725 & 743 Lisbon St., Lisbon: 8 acres sold to Matthew Cox by Swift Demolition Inc. for $130,000. Kevin Fletcher of Malone Commercial Brokers and Tranzon Auction Properties completed the deal, which closed Jan. 4, 2017.
1160 Lewiston Road, Topsham: 11 acres sold to Ronald & Lois Wills by Swift Demolition Inc. for $27,500. Kevin Fletcher of Malone Commercial Brokers and Tranzon Auction Properties completed the deal, which closed Jan. 23, 2017.
30 Thomas Drive, Westbrook: 18,693-square-foot office, warehouse, retail building on 1.85 acres sold to Yarmouth Ventures LLC by 30 Thomas Drive LLC for $1.85 million. Joe Malone, Jennifer Small and Peter Harrington of Malone Commercial Brokers and Juliana Tonini of Magnusson-Balfour Commercial brokered the deal, which closed Jan. 11, 2017.
15-17 Merrill St., Portland: 6-unit apartment building, sold to Mount Joy LLC by Munjoy Properties LLC for $865,000. Brit Vitalius of Vitalius Real Estate Group brokered the deal, which closed Jan. 6, 2017.
261 Danforth St., Portland: 3-unit apartment building sold to Carapetian Holdings LLC by Marvin Andrew and Brigitte J. Sturmer for $510,000. Brit Vitalius of Vitalius Real Estate Group and Anne Marie Cooke of Maine Home Connections brokered the deal, which closed Jan. 4, 2017.
325 E Kennedy Memorial Drive, Waterville: 6,348-square-foot office condo investment sold to KMD325E LLC by Stratus Properties LLC for $410,000. Chris Paszyc of CBRE|The Boulos Company brokered the deal, which closed Dec. 28, 2016.
Cole Business Park, Lot C, Sidney: 2.54 acres of land sold to SWCE Holdings LLC by Cole Realty for $55,000. Joe Porta and Tim Millett of CBRE|The Boulos Company and Julian Harwood of Brookewood Realty brokered the deal, which closed Dec. 22, 2016.
121-123 Washington Ave., Portland: 48,397-square-foot lot with 17,000-square-foot warehouse building (former Creighton Flowers building) sold to CSH 123 LLC, an affiliate of North Atlantic Properties, by Richard and Raymond Creighton for $2 million. Jed Rathband of Keller Williams Realty brokered the deal, which closed Jan. 5, 2017.
212 Brown St. Westbrook: Mixed-use building sold to Clarke Painting Inc. by Tee LLC for $400,000. Greg Perry of Cardente Real Estate (representing seller) and Scott Smith of Maine Real Estate Network (representing buyer) brokered the deal, which closed Jan. 4, 2017.
501 Washington Ave., Portland: Howie's Pub sold to Highlife LLC of Portland by HJCJ, Inc/Howie's Pub for $320,000 (the Howie's name will continue with no interruption of service). Michael A. Jacobson of King Real Estate LLC (representing seller) brokered the deal, which closed Jan. 10, 2017.
2250 Post Road, Wells: Office building sold to The Morrison Center by Douglas Merrill for $300,000. John Downing of The Downing Agency (representing seller) and Greg Perry of Cardente Real Estate (representing buyer) brokered the deal, which closed Jan. 4, 2017.
22 Hancock St., Portland: Retail condominium sold to Dunnijam LLC by The Village at OceanGate LLC for $225,000. Jenn Small of Malone Commercial Brokers (representing seller) and Greg Perry of Cardente Real Estate (representing buyer) brokered the deal, which closed Jan. 4, 2017.
6 Oregon Ave., Old Orchard Beach: 11,408-square-foot, 16-unit multi-family property sold to BJB Realty by Bratt Realty Trust for $1.35 million. Katie Millett and Sylas Hatch from NAI The Dunham Group and Joe Flynn from Flynn & Company brokered the sale, which closed Dec. 30, 2016.
2401 Broadway, South Portland: 9.85± acres of development land sold to Plummer Properties LLC by 2401 Broadway Associates LLC for $1.275 million. Greg Hastings and Tom Dunham from NAI The Dunham Group and Danielle Lape from King Real Estate brokered the sale, which closed Dec. 21, 2016.
1456 US Route One, Freeport: Retail/office building sold to HMP Properties Inc. by Bethesda Christian Broadcasting Inc. for $335,000. Craig Church of Magnusson Balfour and Peter Ingram of the Maine Real Estate Network brokered the deal, which closed Dec. 29, 2016.
740 Stroudwater St., Westbrook: 1,428-square-foot office sold to Alpha Quebec LLC by Stroudwater Interest LLC for $150,000. Mark Malone of Malone Commercial Brokers and Cheri Bonawitz of Cardente Real Estate brokered the deal, which closed Dec. 16, 2016.
101 McAlister Farm Road, Portland: 21,600-square-foot industrial building on 6.8± acres sold to Pequawket Partners by MG Holdings Inc. for $1.2 million. Greg Hastings and Tom Dunham from NAI The Dunham Group brokered the sale, which closed Dec. 21, 2016.
243-245 High St., Portland: 16-room boarding house sold to Downtown Lodging LLC by The Carol Smith Trust for $825,000. Karen Rich of Cardente Real Estate (representing seller) and Jay Sparrow of ReMax Allied (representing buyer) brokered the deal, which closed Dec. 15, 2016.
79 York St., Kennebunk: .8-acre commercial redevelopment parcel sold to GSM Holdings LLC by Liberty Block LLC for $59,000. Kirk Butterfield of Investcomm Commercial Group brokered the deal, which closed Dec. 22, 2016.
Most Recent
Most Recent
Comments