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November 3, 2014

Real Estate Sales, November

415 Payne Road, Scarborough: 24,850-square-foot retail building on 3 acres sold to Euphoria 415 LLC by Payne Road Realty Trust for $2,200,000. Mark Malone of Malone Commercial Brokers, Lara Sessler of DJM Real Estate and Craig Young of CBRE|The Boulos Co. brokered the deal, which closed November 19.

131 Johnson Road, Portland: 13,907-square-foot office building sold to 440 Western Avenue Associates LLP for $1,522,700 by Pine Tree Council Inc. Boys Scouts of America. Justin Lamontagne from NAI The Dunham Group and Andrew Ingalls from CBRE|The Boulos Co. brokered the deal, which closed November 17.

440 Western Ave., South Portland: Office building sold to 440 Western Avenue Associates LLP by Jordan Family Holdings Inc. for $870,000. Andrew Ingalls of CBRE|The Boulos Company brokered the deal, which closed November 10.

27 Morning St., Portland: 6-unit apartment building sold to Stephen Caiazzo by Anna Romano for $740,000. Brit Vitalius of Vitalius Real Estate Group and John Hatcher of Keller Williams Realty brokered the deal, which closed October 10.

287-289 State St., Portland: 6-unit apartment building sold to State Street LLC by Michael Baldwin for $475,000. Brit Vitalius of Vitalius Real Estate Group and John Graham of Sullivan Real Estate Group brokered the deal, which closed October 15.

202 Dartmouth St., 19 Parris St., 102 Portland St., 89 Spruce St., and 139 William St., Portland: 5 apartment buildings sold to Forty Nine LLC by Lone Palm LLC and Denali LLC for $4,200,000. Greg Boulos and Joe Porta of CBRE|The Boulos Co. brokered the deal, which closed October 31.

200 Larrabee Road, Westbrook: 12,640-square-foot open building (to be converted to a Goodwill store) on 1.77 acres sold to Kramerica Industries LLC by 200 Larrabee Road LLC for $1,160,000. John Doyon of Malone Commercial Brokers and Joe Porta of CBRE|The Boulos Co. brokered the deal, which closed November 3.

274 Park Ave., Portland: Apartment building sold to Trident LLC by Galapagos Properties LLC for $730,000. Cheri Bonawitz from Keller Williams and Charles Day of CBRE|The Boulos Co. brokered the deal, which closed November 5.

113 Newbury St. and 40 Hancock St., Portland: 0.71-acre parcel sold to 113 Newbury LLC by The Village Café Inc. for $1,200,000. Joe Malone and Jennifer Small of Malone Commercial Brokers brokered the deal, which closed October 30.

274 Park Ave., Portland: Multi-family property sold to Keith Lourdeau by Galapagos Properties LLC for $730,000. Cheri Bonawitz of KW Commercial and Charles Day of CBRE|The Boulos Co. brokered the deal, which closed November 5.37 Lincoln St., and 25, 38 and 46 Water St., Lewiston: 0.23-acre with four residential structures sold to Lewiston Hampton Development LLC by Rebecca K. Frangis for $300,000. Kevin Fletcher of Malone Commercial Brokers and Gloria Hewey of Better Homes & Garden Real Estate/The Masiello Group brokered the deal, which closed October 30.1250 Forest Ave, Suite 10, Portland: Office condo sold to Matt Nichols OTN LLC by Dr. David Thomson for $140,000. Cheri Bonawitz of KW Commercial and Marc Fishman of the Fishman Realty Group brokered the deal, which closed November 5.

1 Baker’s Way, Biddeford: Industrial building sold to Biddeford Holdings LLC by Flowers Baking Company of Biddeford LLC for $6,865,000. Tony McDonald of CBRE|The Boulos Co. brokered the deal, which closed October 24.

994 Portland Road, Saco: 1145-square-foot residential unit plus seven cabin units sold to Village at Pine Meadows LLC by Fun Quarters LLC for $385,000. Fred Andrews of Sullivan Real Estate Group brokered the deal, which closed October 24.134 Warren Ave., Portland: 1.31-acre land parcel sold to Alpine Realty by PWS Holdings–Warren LLC for $275,000. Tom Dunham and Tom Moulton of NAI The Dunham Group brokered the deal, which closed October 23.6 Brook Drive, Belgrade: 900-square-foot building sold to Marjorie Parker by Aruba 2001 LLC for $100,000. Peter Harrington of Malone Commercial Brokers and Christopher Vallee of Remax Capital brokered the deal, which closed October 27.

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Maine home sales decline in November

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