Real Estate Transactions June 2017
1 Riverfront Plaza, Westbrook: 130,726-square-foot office building sold to Maine Medical Center by One Riverfront Plaza Holdings LLC for $10.75 million. Charlie Craig from NAI The Dunham Group and David Ross from NAI Hunneman (representing seller) and Joe Malone from Malone Commercial Brokers (representing buyer) brokered the deal, which closed June 8, 2017.
141 Preble St., Portland: 15,059-square-foot building on .51 acres sold to Thidwick LLC by Hard Sales LLC for $1.942 million. Joe Malone and Jennifer Small (representing seller) and Peter Harrington (representing buyer), all of Malone Commercial Brokers, brokered the transaction, which closed June 6, 2017.
20 Marginal Way, Portland: 0.41-acre lot with Bangor Savings Bank ground lease sold to 30 Thomas Drive LLC by Northern Pride Auto Wash for $1,444,444. Joe Malone and Jennifer Small of Malone Commercial Brokers (representing buyer) brokered the deal, which closed June 1, 2017.
412 Hill St., Biddeford: 13,970-square-foot industrial building sold to Shoreline Development by TF RE Group LLC for $825,000. TC Haffenreffer and Greg Hastings from NAI The Dunham Group brokered the sale, which closed June 16, 2017.
414 Hill St., Biddeford: 10,000-square-foot industrial building sold to Hill 414 LLC by Estate of Vivian Elma Swecker for $612,000. TC Haffenreffer and Greg Hastings from NAI The Dunham Group brokered the sale, which closed June 9, 2017.
95 Ocean Ave., Portland: 4,287-square-foot, 4-unit apartment building sold to 95 Ocean LLC by Shahnaz Mahager for $572,500. Chris Cunningham with Brett’s Team at Brett Davis Real Estate and Jeff Davis with Town & Shore Associates LLC brokered the deal, which closed June 9, 2017.
820 Main St., Westbrook: Office building sold to 820 Main LLC by JDK Commercial LLC for $695,000. EJ Demers of Better Homes & Gardens Real Estate The Masiello Group and John Robinson of RE/MAX Shoreline brokered the deal, which closed June 7, 2017.
672 Main St., Westbrook: 3,600-square-foot mixed-use building on 0.20 acre sold to T.A.S.K. Holdings LLC by Northern Gardens Inc. for $450,000. Peter Harrington of Malone Commercial Brokers and Marc Fishman of Fishman Realty Group/Keller Williams Commercial brokered the deal, which closed May 25, 2017.
409 & 425 Sabattus St., Lewiston: Multiple buildings (C-store with gas/restaurant/lube center) sold to 409 Sabattus Street LLC by Lewiston Supersonic Car Wash Inc. for $800,000. Ed Herczeg of TMREN and Dustin Boutin of Magnusson Balfour brokeed the deal, which closed May 30, 2017.
322 Roosevelt Trail, Windham: 7,600 square feet of motel and multi-family buildings on 3.42 acres sold to 322 Roosevelt Trail LLC by Saronis Corp. for $690,000. Mike Anderson of Malone Commercial Brokers and Scott Smith of Maine Real Estate Network brokered the deal, which closed May 31, 2017.
607 & 619 Bridgton Road, Westbrook: Two lots totaling 5.09 acres, improved with a 2,065-square-foot building and a shed, sold to Bermeside LLC, by Barbara J. Wall and Bernard E. Wall for $395,000. Roxane A. Cole of Roxane Cole Commercial Real Estate LLC (representing seller) brokered the transaction, which closed May 15, 2017.
105 Spring St., Pittsfield: 7,730-square-foot industrial building on 4 acres sold to Spring Road Property LLC by State of Maine Department of Transportation for $90,000. Chris Paszyc of CBRE|The Boulos Company brokered the deal, which closed May 12, 2017.
360 Civic Center Drive, Augusta: 42,000-square-foot industrial building sold to Cronies LLC by Norman L. Allen for $1.75 million. Chris Paszyc of CBRE|The Boulos Company and Marc Fishman of Fishman Realty Group brokered the deal, which closed May 24, 2017.
942 Main St., Westbrook: 5.04 acres of land sold to Westbrook Main LLC by Storage Realty Corporation for $650,000. Mark Malone and Peter Harrington of Malone Commercial Brokers brokered the deal, which closed May 19, 2017.
243 Valley St., Portland: 3-unit apartment building sold to Severus LLC by Lindsay and Seifallah Aouled Ezzine for $557,500. Brit Vitalius and Susie Kendeigh of Vitalius Real Estate brokered the deal, which closed May 22, 2017.
160 Elm St., Biddeford: Investment property of two commercial buildings consisting of 9,368 square feet of retail space sold to 160 Elm Street LLC by DVD LLC for $525,000. Vince Ciampi of CBRE|The Boulos Co. (on behalf of the seller) and Michael Cardente of Cardente Real Estate (on behalf of the buyer) brokered the deal, which closed May 12, 2017.
291 Carl Broggi Highway, Lebanon: 12.5 acres of commercial land sold to Lebanon Crossing LLC by Lester O. Martell Sr. and Kathryn E. Martell for $275,000. Brenda McCarthy of ReMax Realty One and Karen Rich of Cardente Real Estate brokered the deal, which closed May 19, 2017.
11 Garden St., Kennebunk: retail building (the former Garden Street Market) sold to 1 Garden Street LLC by Hadcar Corp for $1 million. John Anderson of Investcomm Commercial Group and Suzanne McKechnie of Investcomm Commercial Group brokered the deal, which closed May 12, 2017.
678 Roosevelt Trail, Naples: 6,240-square-foot brew pub/eatery plus an outdoor deck, bar and stage on 0.90 acre sold to Checkpoint 70 Inc. by Bray’s Brewing Co. Inc. for $480,000. John Doyon of Malone Commercial Brokers (representing seller) brokered the deal, which closed May 9, 2017.
334 Log Cabin Road, Arundel; 5,600 square feet of office, storage and light industrial space sold to John F. Rinaldi LLC by Willis and Diane Lovejoy for $425,000. Kirk Butterfield and Suzanne McKechnie of Investcomm Commercial Group brokered the deal, which closed May 9, 2017.
72 Daggett Hill Road, Greene: 13,340-square-foot industrial building on 8.2 acres sold to MECAP LLC by KNG Holdings LLC for $400,000. Kevin Fletcher of Malone Commercial Brokers represented the seller and Marc Fishman of Fishman Realty Group/KW Commercial represented the purchaser in the transaction, which closed May 12, 2017.
80 Anthony Ave., Augusta: 33,650-square-foot industrial building on 5.6 acres sold to Jeffrey Timm LLC by PLProperties LLC for $1.9 million. Greg Hastings and Tom Dunham from NAI The Dunham Group and Chris Paszyc from CBRE|The Boulos Company brokered the deal, which closed April 28, 2017.
50 Depot Road, Falmouth: 7,616-square-foot office building sold to Foreside Place LLC by Atlantic Properties LLC for $1.25 million. Greg Boulos of CBRE|The Boulos Company and Steve Baumann of Compass Commercial Brokers brokered the deal, which closed May 1, 2017.
77-79 Congress St., Portland: 7,070-square-foot multi-family building sold to Ella Properties LLC by Hiram Cottage Properties LLC for $1.25 million. Sylas Hatch and TC Haffenreffer from NAI The Dunham Group and David Banks and Teddy Piper from Remax by the Bay brokered the sale, which closed April 30, 2017.
1173 Riverside St., Portland: 34,200-square foot industrial building on 4.5 acres sold to Riverside Street Property LLC by Factors Financial FRC Inc. for $1.75 million. Dan Greenstein of CBRE|The Boulos Company brokered the deal, which closed April 28, 2017.
231 Main Road, Holden: 39,890-square-foot retail/service/warehouse sold to Port Harbor Holdings II LLC by Lawrence Gardiner for $860,000. Andrew Ingalls of Malone Commercial Brokers brokered the deal, which closed April 14, 2017.
12 Windorf Circle, Brunswick: 2,150-square-foot office building on 1.58 acres sold to Jade Integrated Health by Affordable Mid Coast Housing LLC for $183,500. Tim Millett of CBRE|The Boulos Company and David Gleason of Coldwell Banker Residential Brokerage brokered the deal, which closed March 31, 2017.
1945 Congress St., Portland: 23,090-square-foot building on 6.9 acres sold to Diversified Partners LLC and Fancy Sauce LLC by Portland Lodge #188 BPOE of USA for $1.25 million. Mark Malone of Malone Commercial Brokers (representing sellers) and Greg Boulos of CBRE/The Boulos Co. (representing buyers) brokered the transaction, which closed April 20, 2017.
529 Main St., Westbrook: 16,822-square-foot 12-unit commercial investment property sold to 529 Main Street LLC by Schoodic Equity Investors I LLC for $840,000. Nate Stevens of CBRE|The Boulos Company and James Ernst of Ashby Real Estate brokered the deal, which closed April 10, 2017.
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