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May 1, 2016

Real Estate Transactions, May 2016

37 Casco St., Portland: Apartments sold to Ambassador LLC by Shirley Quirk P.R., Estate of John J. Quirk & Sally Quirk for $7.3 million. Vince Ciampi and Joe Porta of CBRE|The Boulos Company brokered the deal, which closed May 19, 2016.

97 McAlister Farm Road, Portland: 10,200-square-foot building on 12.6 acres sold to AKA LLC by Rio Terra LLC for $862,500.  Joe Malone and Jennifer Small of Malone Commercial Brokers and Charles Day of CBRE/Boulos brokered the deal, which closed May 6, 2016.

15 Eisenhower Dr., Westbrook: 10,200-square-foot industrial building on 2.66 acres sold to 431 US Route One LLC by Fifteen Eisenhower LLC for $640,000. Greg Hastings from NAI The Dunham Group brokered the sale, which closed on May 19, 2016.

57 Main St., Norway: 3 commercial buildings on 1.49 acres lot sold to 57 Main Street LLC by Business Real Estate LLC for $430,000.  Kevin Fletcher of Malone Commercial Brokers and Michael Cardente of Cardente Real Estate brokered the deal, which closed May 23, 2016.

104 Bradbury St., Biddeford: 4-unit multi sold to TruNorth Investments LLC by Jade Investments LLC for $288,225. Cheri Bonawitz of KW Commercial and Kim Fowler of Maine Real Estate Network brokered the deal, which closed May 16, 2016.

2 Church St., Westbrook: 4,058-square-foot office building sold to Palmer Real Estate LLC by Sally-Alane Fox and Dwight Keirstead for $110,000.  John Doyon and Mike Anderson of Malone Commercial Brokers brokered the deal, which closed May 25, 2016.

18 Morin St., Biddeford: 62,000-square-foot industrial building sold to PMRE LLC by Correct Holdings LLC for $1.49 million. Greg Hastings from NAI The Dunham Group and John Robinson from RE/MAX By The Bay brokered the sale, which closed May 6, 2016.

395 Lisbon St., Lisbon: 24 townhouse apartments sold to BJB Realty LLC by Brandon Park LLC for $1.275 million. Dan Greenstein and Tony McDonald of CBRE|The Boulos Company brokered the deal, which closed May 13, 2016.

400 Technology Way, Scarborough: 11,150-square-foot office building on 1.93 acres sold to EPB 400 LLC by Lot 25 Enterprise Business Park LLC for $1.25 million. Katie Millet and Tom Moulton from NAI The Dunham Group and Joe Porta from CBRE|The Boulos Company brokered the sale, which closed May 12, 2016.

505 Ocean St., South Portland: Retail and residential units sold to RHO LLC by Schoodic Equity Investors LLC for $748,393. Nate Stevens of CBRE|The Boulos Company brokered the deal, which closed May 11, 2016.

240 Main St., Orono: Retail property sold to Van Syckle Kia by State of Maine for $270,000. Chris Paszyc of CBRE|The Boulos Company and Jack Cashman of Pro Realty brokered the deal, which closed May 17, 2016.

59 Marina Road, Yarmouth: Mixed-use commercial building sold to JTF59 LLC by Doten Properties Inc. for $155,000. Greg Perry of Cardente Real Estate and Bill Sullivan of Keller Williams brokered the deal, which closed May 16, 2016.

 

102 Hutchins Drive, Portland: 82,522±-square-foot industrial/office building on 5.39± acres sold to JB Brown & Sons by UNUM for $4 million. Greg Hastings and Justin Lamontagne from NAI The Dunham Group brokered the sale, which closed May 11, 2016.

1156 Broadway, South Portland: 75,712-square-foot industrial building and 15.4 acres sold to 1156 Broadway LLC by Stanmar Corporation for $3 million. Tom Dunham from NAI The Dunham Group and Mark Malone from Malone Commercial Brokers brokered the sale, which closed May 10, 2016.

520 Main St., Saco: Retail building sold to JAF Realty LLC , by Ginn Saco-South Portland LLC for $800,000. Andrew Ingalls of CBRE|The Boulos Company and Kevin McQuinn of Lux Realty brokered the deal, which closed April 26, 2016.

Lot 5, Bath Road, Brunswick Landing: 2.17 acres sold to Priority Real Estate Group by the Midcoast Regional Redevelopment Authority for $503,000. The deal closed May 6, 2016.

121 Orion St., Brunswick Landing: Office building and accompanying land (Lot 47, 1.2 acres) sold to Priority Real Estate Group by the Midcoast Regional Redevelopment Authority for $410,000. The deal closed May 6, 2016.

199 Middle Road, Lot 3, Cumberland: Land sold to 199 Middle LLC, by 199 Middle Road LLC for $182,056. Joe Porta of CBRE|The Boulos Company and Jim Harnden of Harnden Commercial Brokers brokered the deal, which closed May 4, 2016.

65 Gannett Drive, South Portland: Office building sold to J.B. Brown & Sons Inc. by First States Investors 5200 LLC for $3.6 million. Drew Sigfridson of CBRE|The Boulos Company brokered the deal, which closed May 3, 2016.

300 Roundwood Drive, Scarborough: 8,616 square-foot retail/office building on 1.56 acres sold to Halo LLC by Mougalian Properties LLC for $1.3 million.  Mark Malone and John Doyon of Malone Commercial Brokers brokered the deal, which closed May 5, 2016.

260 Western Ave., South Portland: 12,463-square-foot office building sold to Shekinah Realty LLC by MSP Holdings LLC for $830,000. Katie Millet from NAI The Dunham Group brokered the sale, which closed May 4, 2016.

251 Cumberland Ave., Portland: 10-unit apartment building sold to Ward Capital LLC by 251 Cumberland LLC for $825,000. Susie Kendeigh and Chris Sullivan of Vitalius Real Estate Group brokered the deal, which closed April 29, 2016.

471-473 Cumberland Ave., Portland: 14-unit apartment building sold to Hawk Down East I LP by Parkside Properties LLC for $1.145 million.  Jeff Davis of Town & Shore Associates LLC & Thomas Gadbois of F.O. Bailey Real Estate brokered the deal, which closed April 15, 2016.

790  Sabattus St., Lewiston: 3,000-square-foot building on 1.23 acres sold to Car-Ty Development LLC by Cumberland Farms Inc.  for $142,500. John Doyon of Malone Commercial Brokers and Chad Sylvester of Androvise Realty brokered the deal, which closed April 26, 2016.

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