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Updated: September 15, 2023

Boulos names a partner who has been pivotal in central Maine leasing deals

The Boulos Co., the Portland-based commercial real estate firm, has promoted Nick Lucas to partner.

Lucas joined the company as a broker in 2017. According to a press release, Lucas has showcased his dedication, expertise and commitment to excellence in the commercial real estate industry.

Courtesy / The Boulos Co.
Nick Lucas

“I first reached out to Boulos six years ago with no prior real estate experience, only a strong desire to learn the business,” said Lucas. “As a college student, I spent my summers running my own firewood company and moving furniture in commercial spaces. These jobs were formative in my yearning to reach success in the real estate world.

“I learned early on that business was not going to come to my doorstep. I had to make the calls and knock on doors myself to achieve success,” he continued. “When I finally got my start with the Boulos Co., it was certainly a learning curve, but I was fortunate to be surrounded by partners who were willing to share their knowledge of brokerage with me.” 

Over the past six years, Lucas has focused on the central Maine market and has had success selling multifamily complexes, office buildings and industrial properties.

During his time with the company, he has had many achievements in the multifamily sector, including the sale of 82 Glenridge Drive in Augusta in 2022, marking one of the largest subsidized multifamily transactions in Maine’s recent history. 

In 2021, he further solidified his reputation with the sale of a 45,000-square-foot industrial building at 200 Sylvan Road in Bangor for $1.3 million. Also that year, he brokered the lease of 43,000 square feet of Class A office space at 353 Water St. in Augusta to the Department of Inland Fisheries & Wildlife — what is believed to be the largest central Maine lease since before the pandemic. 

“When I hired Nick more than five years ago, it was his tenacity that stood out,” said Jessica Estes, president of Boulos. “He was persistent in his outreach, expressing a clear desire to be part of our team. Despite starting with no real estate experience, Nick’s success in his initial years was nothing short of remarkable.”

Lucas received his bachelor’s degree in history from Endicott College.

The Boulos Co. is a Maine and New Hampshire commercial real estate firm founded by Joseph Boulos in 1975. Today, it includes over 40 employees in Portland, Manchester and Portsmouth.

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