Commercial Real Estate Transactions in Maine: September 2022

SALES

Industrial

Flagstone Realty LLC has purchased a 13,500 ± SF industrial building at 234 Old Lisbon Road, Lewiston of LEW Incorporated. Joe Malone and Jennifer Small, Malone trading brokers; CT Haffenreffer, The Dunham Group.

Ground

Brunswick Apartments, LLC purchased 21± AVS at 305 Bath Road, Brunswick of Frank T. Crooker. Tony Armstrong, SVN The Masiello Band; Dan Catlin, Salesman at Keller Williams.

Desk

McPhill, LLC has purchased a fully leased 6,348 ± SF office condo at 325E Kennedy Memorial Drive in Waterville from KMD325E, LLC. Chris Paszyc, CCIM, SIOR, The Boulos Company.

DC 509 Forest, LLC has purchased 100,000 square feet of a property complex at 509-537 Forest Avenue in Portland and parking at 41 Ashmont Street from Income Property Management. Drew Sigfridson, SIOR, and John Finegan, The Boulos Company.

Dustin and Katherine Slocum purchased a 4,370 ± SF office building at 854 Broadway, South Portland from Brenda Sawyer. Andrew Ingalls, Malone Commercial Brokers; Dustin Slocum, Engel and Volkers Casco Bay LLC.

East Brown Cow has purchased a portfolio of four mixed-use buildings totaling ±SF 58,547 at 44, 45 and 57 Exchange Street, Portland from Goldy Management Company, Inc. Joe Malone, CCIM, Malone Commercial Brokers; Jim Harnden, Harnden Trading Brokers.

S&W Real Estate Co LLC has purchased a 10,530 ± SF office building at 241 Running Hill Road, South Portland from Weight Watchers of Maine, Inc. Jennifer Small, Malone Commercial Brokers; Justin Lamontagne, The Dunham Group.

Detail

St Marina, LLC has purchased a 9,100 ± SF retail building at 947 Sokokis Trail in North Waterboro from Norman L. Allen. Noah Stebbins, The Boulos Company.

Star Energy, d/b/a MD’s Market, has purchased a 2,750 ± SF retail property at 47 Waterville Road in Skowhegan from CN Brown Company. Derek Miller and Nick Lucas, The Boulos Company.

Sea Dog Brewing Co. has purchased a 6,115 ± SF retail building at 1 Cabela Boulevard, Scarborough from Feldco Development Corp. Mark Malone, CCIM, Malone Commercial Brokers.

Treadstone LLC bought 170,000 ± of retail space at 235 Camden St., Rockland from Harbor Plaza LLC. Bob Horvath, Horvath & Tremblay; Josh Soley, Maine real estate consultants.

LEASES

Industrial

CP Property Services, LLC has leased 2,710 ± SF of industrial space at 346 South Street in Gorham from KR Commercial Properties, LLC. Mike Anderson, Malone Commercial Brokers.

Emerging Compounds Treatment Technologies, Inc. has leased 36,180 ± SF of industrial space at 125 Industrial Way in Portland from STAG Industrial Holdings, LLC. Tony McDonald, CCIM, SIOR and Jon Rizzo, SIOR, The Boulos Company. Charles Day, Porta & Co.; Nathan Piehl, Cushman and Wakefield.

Pepperidge Farm Inc. has leased 3,863 ± SF of light industrial space at 4 Delta Drive in Westbrook from Deerfield Delta Drive, LLC. Drew Sigfridson, SIOR, of the Boulos Company.

CSC Serviceworks, Inc. has leased 2,000 ± SF of warehouse space at 51 Dynamic Drive in Scarborough from Dynamic Sun, LLC. Christopher Gallagher and Jon Rizzo, SIOR, The Boulos Company.

Sugar Grove of Maine has leased 4,000 ± SF of industrial space at 36 Bartlett Road, Gorham from Hincks Realty, LLC. Mike Anderson, Malone Commercial Brokers; Brent Maurice, FO Bailey Real Estate.

Desk

Franklin Yaker has leased 267 square feet of office space at 23 Ocean Ave in Portland from 23 Ocean Ave Associates, LLC. Alex Pirleci, KW Commercial/Magnusson Balfour.

Swift Current Management Services Inc has leased 1,971 square feet of office space at 81 Bridge Street in Yarmouth from Sparhawk Investments, LLC. Alex Pirleci, KW Commercial/Magnusson Balfour.

Shania Zarriah Rowe has leased 168 square feet of office space at 23 Ocean Ave in Portland from 23 Ocean Ave Associates, LLC. Alex Pirleci, KW Commercial/Magnusson Balfour.

ForeFlight, LLC has leased 10,766 ± SF of office space at 120 Exchange Street in Portland from PO Square Building, LLC. Drew Sigfridson, The Boulos Company; Jennifer Small, Malone Commercial Brokers.

Spurwink Services Inc. leased 6,324 ± SF of office space at 180 Main Street in Biddeford from 4A Property LLC. Noah Stebbins and Greg Boulos, The Boulos Company; Brandon Mitchell, Malone Commercial Brokers.

Falmouth Legal Advisors, Inc. has leased 3,750 ± SF of office space at 8 Fundy Road in Falmouth from Fundy Circle Associates, LLC. Sasha Bogdanovics and John Finegan, The Boulos Company.

Living Innovations Support Services, Inc. has leased 3,731 ± SF of office space at 15 Lund Road in Saco from Ironsides Sports Center, LLC. Cameron Foster and Greg Boulos, The Boulos Company.

CoRecover, LLC has leased 2,368 ± SF of office space at Atlantic Place Commerce Center in Portland from Atlantic Place Commerce Center, LLC. Claire Richardson and Jessica Estes, The Boulos Company.

Amity Companies has subleased 1,358 ± SF of office space at 22 Free Street in Portland from Archipelago Law, LPP. John Finegan of Compagnie Boulos; Chris Romano and Derek Miller of The Boulos Company.

Acadia Healthcare, Inc. has leased 1,059 ± SF of office space at 707 Sable Oaks Drive in South Portland from Second Portland Limited Partnership. Craig Young, CCIM, and Sasha Bogdanovics, The Boulos Company; Joe Malone, Malone Trading Brokers.

Apollon Wealth Management, LLC has leased 1,042 ± SF of office space at 100 Commercial Street in Portland from Soley Wharf, LLC. Noah Stebbins, The Boulos Company; Peter Harrington, Malone Trading Brokers.

Reliable Respiratory has leased 948 ± SF of office space at Atlantic Place Commerce Center in South Portland from Atlantic Place Commerce Center, LLC. Claire Richardson and Jessica Estes, The Boulos Company.

Mainely Urns has leased 619 ± SF of office space at Pineland Center, Auburn Hall in New Gloucester from October Corporation. Claire Richardson, La Compagnie Boulos.

Energy Efficient Investments, Inc. has leased 1,600 ± SF of office space at 10 Dynamic Drive in Scarborough from Nonni Corp, LLC. Cheri Bonawitz, CCIM, and Karen Rich, Malone Commercial Brokers.

Bear Essentials Fitness has leased 3,200 ± SF of office space at 10 Dynamic Drive in Scarborough from Nonni Corp LLC. Cheri Bonawitz, CCIM, and Karen Rich, Malone Commercial Brokers.

The StoreySmith Pediatric Clinic has leased 2,730 ± SF of office space at 170 US Route One in Falmouth from MSP Professionals 170 US-1, LLC. Brandon Mitchell, Malone Commercial Brokers; Tom Gadbois, FO Bailey Real Estate.

Detail

Mast Landing Brewing Co leased 2,647± SF of retail space at 185 Cottage Road in South Portland from Berkeley Properties, LLC. Kirk Butterfield, KW Commercial/Magnusson Balfour; Jon Finnegan, The Boulos Company.

Cory Keny and Emily Arbuckle rented 1250±FS of retail space at 550 Congress Street in Portland. Tom Moulton, CCIM, SIOR and Katie Allen Breggia, The Dunham Group.

JAR Consulting, LLC leased 4,000 ± SF of retail space at 7 Maclellan Drive to Elliot of Potions, LLC. Christian Stallkamp and Noah Stebbins, The Boulos Company.

Soggy Dog Designs has leased 946 ± SF of retail space at 192 Front Street in Bath from The Szanton Company. Noah Stebbins, The Boulos Company.

Sally Beauty Supply has renewed its 1,200 square foot commercial lease with Zenith Asset Group LLC at 124 Lisbon St., Lewiston. Josh Soley, Maine real estate consultants.

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