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June 5, 2017

Real Estate Transactions June 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.

838 Portland Road, Saco:  5,600-squre-foot building on 0.72 acre sold to AHS Realty LLC by Kitty Doc Holdings LLC for $525,000.  Mike Anderson of Malone Commercial Brokers (representing seller) brokered the deal, which closed June 2, 2017.  

115 Veranda St., Portland: 3-unit multi-family building sold to Kristian and Stephanie Brown by Tim Corcoran for $486,000. Mike Cobb of Cardente Real Estate (representing seller) and Amy Tarbox of The Bean Group (representing buyer) brokered the deal, which closed June 15, 2017.

22A West Cole Road, Biddeford: Medical office condominium sold to 22-101 West Cole Associates LLC by Moses ME Ltd. for $108,000. Cheri Bonawitz of Cardente Real Estate and Ed Herczeg of The Maine Real Estate Network brokered the deal, which closed June 8, 2017.

Brunswick Landing, Brunswick: Lots 14 and 15, totaling 2.68 acres and an accompanying 1,600-square-foot building sold to 14 Wiley Road LLC by the Midcoast Regional Redevelopment Authority for $107,200. The deal closed June 14, 2017.

155 Center St., Unit 5, Auburn: 3,240-square-foot commercial condo sold to BLDG E LLC by Janis Rand for $105,000. Raynor Large of Magnusson Balfour and Tim Millet of CBRE|The Boulos Company brokered the deal, which closed June 12, 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.

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