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February 26, 2016

Real Estate Transactions, March

209 Western Ave., South Portland: Retail building sold to Raphael Limited Partnership by REJ I, LLC for $3.2 million. The deal, brokered by Greg Boulos and Vince Ciampi of CBRE|The Boulos Company, closed March 18, 2016.

585-593 Congress St., Portland: Historic commercial building with three commercial units and 14 residential apartments, sold to Hammond Heirs LLC and Paul's Boutique LLC by Annamarie Trusiani, and the Estate of Paul J. Trusiani for $3.1 million. The deal, brokered by Michael Cardente of Cardente Real Estate, closed March 17, 2016.

2300 Congress St., Portland: Office building sold to 2300 Congress Street LLC by Twenty Three Hundred Congress Street LLC for $1.8 million. The deal, brokered by Vince Ciampi and Charles Day of CBRE|The Boulos Company, closed March 18, 2016.

15 Sanford Road, Alfred: 2.2 acres of land sold to Twinpalms LLC by The Smith Family Revocable Trust for $175,000.  The deal, brokered by Dan Greenstein of CBRE|The Boulos Company and John Caramihalis of BH&G Masiello Group, closed March 17, 2016.

675 Main St., Lewiston: 32,000-square-foot shopping center sold to 675 Main Street LLC by Marketplace Investment Group LLC for $2.040 million.  Kevin Fletcher of Malone Commercial Brokers and Frank O’Connor of NAI The Dunham Group brokered the deal, which closed March 9, 2016.

14 Millett Drive, Auburn: 12,000-square-foot shopping center sold to 675 Main Street LLC by Marketplace Investment Group LLC for $800,000.  Kevin Fletcher of Malone Commercial Brokers and Frank O’Connor of NAI The Dunham Group brokered the deal, which closed March 9, 2016.

Merganser St., Westbrook: Approved 24-unit subdivision on Lot 30A sold to CJL Investments LLC by Smith Family Revocable Trust for $387,500.  Dan Greenstein of CBRE|The Boulos Company brokered the deal, which closed March 15, 2016.

287 Ocean House Road, Cape Elizabeth: 1,980-square-foot building sold to 287 Route 77 LLC by Cumberland Farms Inc. for $275,000. John Doyon of Malone Commercial Brokers and Denis Dancoes of The Dancoes Company brokered the deal, which closed March 9, 2016.

49 Hampshire St., Auburn: Mixed use, sold to Bud Caoeutte by the Smith Family Trust for $115,000. Cameron Woodford of SVN|The Urbanek Group and Jennifer Gagnon of Keller Williams brokered the deal, which closed March 14, 2016.

415 Cumberland Avenue, Portland: 15,260-square-foot mixed-use building sold to M&A Lowcountry Investments LLC by 415 Cumberland LLC for $795,000. Justin Lamontagne of NAI The Dunham Group and Peter Harrington and Jessamyn Mackey of Malone Commercial Brokers brokered the deal, which closed March 2, 2016.

23 Spring St., Scarborough: 12,000-square-foot 2-story office building on 1.29 acres sold to MSP Commercial Realty LLC by Ace Realty LLC for $1.365 million.  John Doyon of Malone Commercial Brokers brokered the deal, which closed Feb. 29, 2016.

75 Clearwater Drive, Falmouth: Units 9 & 11 (7,078 square feet) sold to Mint Salon Block LLC by Clearwater II LLC for $1.165 million.  Joe Malone and Jennifer Small of Malone Commercial Brokers brokered the deal, which closed Feb. 8, 2016.

617 & 612 Forest Avenue, Portland: 13,500±-square-foot mixed-use building sold to MKC Properties Inc. by Shekinah Realty LLC for $1.125 million. Katie Millett, Thomas Moulton and Frank O’Connor from NAI The Dunham Group brokered the deal, which closed on March 1, 2016. 

55 Bell St., Portland: 3,224-square-foot mixed-use building sold to JSM Developers LLC by The Thaxter Co. for $322,000. Mike Cobb and Mike Cardente of Cardente Real Estate, on behalf of the seller, and Katie Millett of NAI The Dunham Group, on behalf of the buyer, brokered the deal, which closed Feb. 26, 2016.

12 St. Mary’s St., Biddeford: 9,035-square-foot former church on .9 acre sold to Biddeford (Zhongzhou) Christian Ministries by Roman Catholic Bishop Portland for $269,900.   Kevin Fletcher of Malone Commercial Brokers and Heather Rideout and Neeta Singh of KW Commercial brokered the deal, which closed Feb. 23, 2016.

802 Ocean Ave., Portland: 18.32 acres of land sold to Hawthorn Development by Graves Hill Land Company LLC for $1.25 million. Mark Malone, Joe Malone and Jennifer Small of Malone Commercial Brokers brokered the deal, which closed Feb. 19, 2016.

52 Myrtle St., Portland: 6-unit apartment building sold to 85 Cumberland Avenue LLC by 52 Myrtle LLC for $654,000. Susie Kendeigh of Vitalius Real Estate Group and Fred Andrews of The Sullivan Real Estate Group brokered the deal, which closed Feb. 23, 2016.

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