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March 3, 2018

Real Estate Transactions March 2018

181 Sand Point Road, Bar Harbor: Emery's Cottages on the Shore (23 cottages and apartments on 4.67 acres with 300 feet of frontage on Eastern Bay) sold to Izzy, Heartbreaker of Acadia LLC by Bradford & Barbara Gray Inc. for $1.825 million. Jeffrey Wooster (representing seller) and Bob Bond (representing buyer) from Lynam Real Estate brokered the deal, which closed March 6, 2018.

257 Deering Ave., Portland: 4,984-square-foot mixed use (office/residential) building sold to 257 Deering LLC by Rundlett and Fifield for $702,500. Peter Harrington of Malone Commercial Brokers and Chris Lavoie of Keller Williams brokered the deal, which closed Feb. 28, 2018.

Industrial Park Road, Saco: 5.42-acre lot sold to Saco Industrial LLC by The Patterson Companies LLC for $325,000. Greg Hastings and Tom Dunham from NAI The Dunham Group brokered the sale, which closed March 22, 2018.

26 Edison Dr., Augusta: 79,126-square-foot office building sold to Maine State Housing Authority by Eaton Corporation for $1.6 million. Dan Greenstein of CBRE|The Boulos Co. brokered the deal, which closed Jan. 22, 2018.

9 Willey Road, Saco: Industrial building sold to Genco Properties LLC by 9 Willey LLC for $1.1 million. Nate Stevens of CBRE|The Boulos Co. and Greg Hastings of NAI The Dunham Group brokered the deal, which closed March 22, 2018.

451 Carl Broggi Highway, Lebanon: 12,000-square-foot retail building on 3.22 acres sold to Donald Boucher by The Orr Family LLC for $650,000. TC Haffenreffer from NAI The Dunham Group and Paula Standley from The Masiello Group brokered the sale, which closed March 12, 2018.

311 Beech Ridge Road, Scarborough: Retail building sold to 311 Beech Ridge LLC by LDS Realty & Scarborough Day Spa for $475,000. Dan Greenstein of CBRE|The Boulos Co. and Laurie Roberge of The Bean Group brokered the deal, which closed Feb. 28, 2018.

145 Gray Road, Portland: 2,830-ssquare-foot multi-family sold to Brice O’Connor by Thomas Rawding for $407,000. Mackenzie Simpson of Porta & Co. (representing buyer) and Dave Sawyer of Portside Real Estate Group (representing seller) brokered the deal, which closed Feb. 9, 2108

23 Water St., Saco: 7,000-square-foot office building sold to JJD Investments LLC by Saco Commercial Realty Trust for $340,000. Sam Marinko and Greg W. Boulos of CBRE|The Boulos Co. and Matt Vire of Coldwell Bankers brokered the deal, which closed March 2, 2018.

238 Presumpscot St., Portland: Industrial cross dock facility, 19,000 square feet on 9 acres, sold to Portland Land Development LLC by GJL Properties LLC for $3 million. Joseph Porta of Porta & Co. (representing buyer and seller) brokered the transaction, which closed Feb. 9, 2018.

144-158 Main St., Saco: 21,000-square-foot mixed-use building sold to River House Realty LLC by BSG-I LLC for $2.050 million. Joseph Porta of Porta & Co. (representing buyer and seller) brokered the transaction, which closed Feb. 13, 2018.

1321 Washington Ave., Portland: 19,968-square-foot office building on 1.5 acres sold to Gikas Properties Inc. by 1321 Associates LLC for $2 million. Mackenzie Simpson of Porta & Co. (representing buyer) and Jim McCann of Coldwell Banker (representing seller) brokered the deal, which closed Feb. 26, 2018.

41-43 Lincoln St.,  Bath: 6,358-square-foot multifamily building sold to Bath Housing Development Corp. by Bartlett Flanagan and Donald Miller for $325,000. Michael Atienza of Magnusson Balfour and Poe Cilley of William Raveis Real Estate brokered the deal, which closed March 6, 2018.

601 Main St., Gorham: 1.44 acres sold to Cort Management LLC by Todd L. and Kari L. Flannery  for $254,000. Cheri Bonawitz and Karen Rich of Cardente Real Estate and Jay Wise of WRE Brokers brokered the deal, which closed Feb. 27, 2018.

82 Scott Drive, Westbrook: 20,048-square-foot industrial building sold to Hanian Realty Group LLC by JB Brown & Sons for $2.05 million. Craig Young of CBRE|The Boulos Company brokered the deal, which closed Feb. 28, 2018.

167 Park Row, Brunswick: 6,500-square-foot office building sold to 167 Park Row LLC by RE Management Inc. for $1,322,222. Greg Boulos of CBRE|The Boulos Company and Nancy Carleton of William Raveis Carleton Real Estate brokered the deal, which closed Feb. 27, 2018.

169 Park Row, Brunswick: 5,000-square-foot office building sold to 169 Park Row LLC by RE Management Inc. for $802,778. Greg Boulos of CBRE|The Boulos Company and Nancy Carleton of William Raveis Carleton Real Estate brokered the deal, which closed Feb. 27, 2018.

82 Spurwink Road, Scarborough: Higgins Beach Market on .13 acres sold to AMJJ Holding Company LLC by Todd L. and Three Bears Holding Company LLC  for $645,000. Cheri Bonawitz and Karen Rich of Cardente Real Estate and David Tucci and Marc Fishman of KW Commercial brokered the deal, which closed February 28, 2018.

3 Pleasant Ave., Portland: The Clark on Pleasant – a 25-unit multi-family sold to Suzanne Hanson by Hardypond Development Company LLC for $4.3 million. Brit Vitalius of Vitalius Real Estate Group brokered the deal, which closed Feb. 20, 2018.

705 Ossipee Trail, Standish: 3,800-square-foot C-Store sold to Jay Ganesh LLC by Tabor's Variety Inc. for $1.021 million. Craig Church of Magnusson Balfour brokered the deal, which closed Feb. 27, 2018.

437 Lewiston Road, New Gloucester: 7,536-square-foot mixed-use/retail property on 7.6 acres sold to NU Brewery LLC by AEC Realty of Maine for $320,000. Brad Moll and Tom Dunham from NAI The Dunham Group brokered the sale, which closed Feb. 15, 2018 

124 Brackett St., Westbrook: 2-unit apartment building sold to Ivan Jimenez-Perozo by Ultimate Property Management LLC for $301,000. Lynn Hallett of Town & Shore Associates LLC (representing buyer) and Jeff Davis of Town & Shore Associates LLC (representing seller) brokered the transaction, which closed Feb. 8, 2018.

366 Hill St., Biddeford: 1,924-square-foot commercial building sold to Williamson Electrical by January Eleventh LLC for $245,000. Thomas Gadbois of F.O. Bailey Real Estate brokered the deal, which closed Feb. 16, 2018.

Olde Canal Business Park, Lot 5, Gorham: 12.59 acre (2.57± acres developable) sold to Chadbourne Realty LLC by Grondin Properties LLC for $200,000. Greg Hastings and Tom Dunham from NAI The Dunham Group brokered the sale, which closed Feb. 21, 2018.

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