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V O L . X X I N O. X X I X 90 BO O K O F L I S T S 2 0 16 R E A L E S TAT E Portland (portfolio) 265 Western Ave. South Portland $4,200,000 18,270 Foden Corner II LLC College Foden Corner LLC CBRE|The Boulos Co. 18 390 Congress St. Portland $4,000,000 83,686 Press Hotel LLC Boutique hotel redevelopment Metro Media Properties LLC NAI|The Dunham Group 19 2 Cotton St. Portland $3,720,000 11,023 Casco View Holdings III LLC Retail/office MaxFlo LLC CBRE|The Boulos Co. 20 341 Park St. Rockland $3,575,000 93,545 Maine Colloids LLC Industrial/investment 341 Park LLC NAI|The Dunham Group 21 7 Alewive Park Road Kennebunk $3,500,000 88,120 Kennebunk Savings Bank Office/warehouse Crane & Co. CBRE|The Boulos Co. 22 52 High St. Camden $3,400,000 N/A Fifty-Two High Street LLC Lodging, restaurant, functions R&R's Whitehall Inn LLC Daigle Commercial Group 23 10-20 Executive Drive South Portland $3,250,000 9.71 acres Affordable Midcoast Housing Land Fairchild Semiconductor International Inc. CBRE|The Boulos Co. 24 416/420 Fore St. & 3rd & 4th floors of 10 Exchange St. Portland $3,200,000 N/A 416 Fore Street LLC Retail/housing 420 Fore Street LLC Compass Commercial Brokers 25 11 Twin Rivers Drive Wiscassett $3,000,000 70,000 Twin Rivers LLC Medical supply manufacturing Ferry Road Development LLC NAI|The Dunham Group 1509-1517 Post Road Wells $3,000,000 35,000 1517 Post Road LLC Retail Wells Corner Shopping Center LLC CBRE|The Boulos Co. 75 Washington Ave. Portland $3,000,000 31,340 Goodwill Industries of Northern New England Office condominiums Delta Realty CBRE|The Boulos Co. 28 380 Riverside St. Portland $2,600,000 80,000 PK Real Estate LLC Industrial/investment A. Hausmann Associates Inc. NAI|The Dunham Group 29 1 Runway Road South Portland $2,550,000 114,720 Casco Bay Steel Future owner/user expansion P & W Real Estate Corp. NAI|The Dunham Group 30 32 Haigis Parkway Scarborough $2,525,000 15,300 8 Pine Lane LLC Office 32 Haigis Parkway LLC CBRE|The Boulos Co. 31 400 Riverside Industrial Parkway Portland $2,500,000 60,000 Northern Utilities Industrial Grass Properties LLC CBRE|The Boulos Co. NAI|The Dunham Group 32 229 Congress St. Portland $2,310,000 19 units I-95 Portland Properties I LLC Apartments NAA Properties LLC CBRE|The Boulos Co. 33 138 Main St. Belfast $2,300,000 20,000 Allan Wood Family Trust Retail center Belfast Holdings LLC CBRE|The Boulos Co. 700 Gallery Blvd. Scarborough $2,300,000 18.83 acres Waterstone Retail Development Land for retail development KGI Partners CBRE|The Boulos Co. 35 415 Payne Road Scarborough $2,200,000 24,850 Euphoria 415 LLC Retail/warehouse Payne Road Realty Trust CBRE|The Boulos Co. Malone Commercial Brokers 36 491 Main St. Bangor $2,000,000 62,863 491 Main Street LLC N/A Bangor Publishing Co. Epstein Commercial Real Estate Stroudwater St. Westbrook $2,000,000 2,980,494 J.B. Brown & Sons Development Westbrook 1702 Inc. Malone Commercial Brokers 38 20 Morin St. Biddeford $1,890,000 52,000 Veridis LLC Food production facility FT Dynamics LLC NAI|The Dunham Group 39 81 Bridge St. (Sparhawk Mill) Yarmouth $1,825,000 19,258 Sparhawk LLC Office Sparhawk Mill Associates LLC Cardente Real Estate 40 110 Exchange St. Portland $1,740,000 13,305 One Ten Exchange LLC Retail/office/residential The OneTen Co. LLC Cardente Real Estate CBRE|The Boulos Co. 1 Cassidy Turley merged with DTZ in January 2015. N/A: Not available. This list was compiled by Roger Magnus and published in the July 27, 2015, issue of Mainebiz. Portland redevelopment 19 2 Cotton St. Portland $3,720,000 11,023 Casco View Holdings III LLC Retail/office MaxFlo LLC CBRE|The Boulos Co. 20 341 Park St. Rockland $3,575,000 93,545 Maine Colloids LLC Industrial/investment 341 Park LLC NAI|The Dunham Group 21 7 Alewive Park Road Kennebunk $3,500,000 88,120 Kennebunk Savings Bank Office/warehouse Crane & Co. CBRE|The Boulos Co. 22 52 High St. Camden $3,400,000 N/A Fifty-Two High Street LLC Lodging, restaurant, functions R&R's Whitehall Inn LLC Daigle Commercial Group 23 10-20 Executive Drive South Portland $3,250,000 9.71 acres Affordable Midcoast Housing Land Fairchild Semiconductor International Inc. CBRE|The Boulos Co. 24 416/420 Fore St. & 3rd & 4th floors of 10 Exchange St. Portland $3,200,000 N/A 416 Fore Street LLC Retail/housing 420 Fore Street LLC Compass Commercial Brokers 25 11 Twin Rivers Drive Wiscassett $3,000,000 70,000 Twin Rivers LLC Medical supply manufacturing Ferry Road Development LLC NAI|The Dunham Group 1509-1517 Post Road Wells $3,000,000 35,000 1517 Post Road LLC Retail Wells Corner Shopping Center LLC CBRE|The Boulos Co. 75 Washington Ave. Portland $3,000,000 31,340 Goodwill Industries of Northern New England Office condominiums Delta Realty CBRE|The Boulos Co. 28 380 Riverside St. Portland $2,600,000 80,000 PK Real Estate LLC Industrial/investment A. Hausmann Associates Inc. NAI|The Dunham Group 29 1 Runway Road South Portland $2,550,000 114,720 Casco Bay Steel Future owner/user expansion P & W Real Estate Corp. NAI|The Dunham Group 30 32 Haigis Parkway Scarborough $2,525,000 15,300 8 Pine Lane LLC Office 32 Haigis Parkway LLC CBRE|The Boulos Co. 31 400 Riverside Industrial Parkway Portland $2,500,000 60,000 Northern Utilities Industrial Grass Properties LLC CBRE|The Boulos Co. NAI|The Dunham Group 32 229 Congress St. Portland $2,310,000 19 units I-95 Portland Properties I LLC Apartments NAA Properties LLC CBRE|The Boulos Co. 33 138 Main St. Belfast $2,300,000 20,000 Allan Wood Family Trust Retail center Belfast Holdings LLC CBRE|The Boulos Co. 700 Gallery Blvd. Scarborough $2,300,000 18.83 acres Waterstone Retail Development Land for retail development KGI Partners CBRE|The Boulos Co. 35 415 Payne Road Scarborough $2,200,000 24,850 Euphoria 415 LLC Retail/warehouse Payne Road Realty Trust CBRE|The Boulos Co. Malone Commercial Brokers 36 491 Main St. Bangor $2,000,000 62,863 491 Main Street LLC N/A Bangor Publishing Co. Epstein Commercial Real Estate Stroudwater St. Westbrook $2,000,000 2,980,494 J.B. Brown & Sons Development Westbrook 1702 Inc. Malone Commercial Brokers 38 20 Morin St. Biddeford $1,890,000 52,000 Veridis LLC Food production facility FT Dynamics LLC NAI|The Dunham Group 39 81 Bridge St. (Sparhawk Mill) Yarmouth $1,825,000 19,258 Sparhawk LLC Office Sparhawk Mill Associates LLC Cardente Real Estate 40 110 Exchange St. Portland $1,740,000 13,305 One Ten Exchange LLC Retail/office/residential The OneTen Co. LLC Cardente Real Estate CBRE|The Boulos Co. 1 Cassidy Turley merged with DTZ in January 2015. N/A: Not available. This list was compiled by Roger Magnus and published in the July 27, 2015, issue of Mainebiz. SOURCE: Each commercial real estate firm, press releases and municipal assessors' records Maine's largest commercial property sales Ranked by sale price, 2014 Property location(s) Sale price Square footage Buyer Planned use Seller Commercial real estate broker(s) 1 4 Empire Drive Orono $19,457,100 161,280 Orion Student Housing Student housing Orchard Trails Housing LLC CBRE|The Boulos Co. 2 15 Enterprise Drive Augusta $14,750,000 51,000 MMAC Acquisition Corp. Medical office Lot 18 LLC CBRE|The Boulos Co. 3 511 Congress St. Portland $12,450,000 130,685 Ocean Gate LLC Office/retail/investment 511 Plaza LP Cardente Real Estate Cassidy Turley 1 4 56 Milliken St. Portland $10,500,000 200,625 Plymouth RE Investors Warehouse Milliken Portland Partners CBRE|The Boulos Co. 5 189 Darling Ave. Portland $8,487,840 72,490 Atlantic Place Partners Office Dead River Properties CBRE|The Boulos Co. 6 125 Presumpscot St. Portland $8,450,000 62,000 Portland Roundhouse Holdings Office Presumpscot Street Properties CBRE|The Boulos Co. Compass Commercial Brokers 7 178 Middle St. Portland $8,000,000 68,705 Crow Hill Development Office/retail Buckstar LLC CBRE|The Boulos Co. Commercial Properties 8 175 High St. Ellsworth $7,825,000 97,000 Devine Capital LLC Retail Ellsworth Shopping Center CBRE|The Boulos Co. 9 75 Washington Ave. Portland $7,100,000 138,792 Cotton Street Holdings LLC Office/retail/investment A & M Partners LLC NAI|The Dunham Group 10 1 Baker's Way Biddeford $6,865,000 265,126 Biddeford Holdings LLC Industrial Flowers Foods Inc. CBRE|The Boulos Co. 11 4 Glen Cove Drive Rockport $6,000,000 39,879 Penobscot Bay Medical Center Medical office Penobscot Bay Physicians Building CBRE|The Boulos Co. Roxane Cole Commercial RE 12 432-446 Fore St. & 42-50 Wharf St. Portland $5,617,500 50,000 Dream Port 3 LLC Retail/residential/ investment LNR Partners LLC Cardente Real Estate Cassidy Turley 1 13 129-137 Chadwick St. Portland $5,000,000 36 units Bowdoin Realty LLC Apartments/office Alfred & Dorothy Suzi Osher Foundation CBRE|The Boulos Co. 14 107 First Park Drive Oakland $4,786,000 20,000 MMAC Acquisition Corp. Office Harpers First Park LLC CBRE|The Boulos Co. 15 11 Shepley St. Portland $4,500,000 40 units 11 Shepley Street Associates Apartments Everett Chambers LLC CBRE|The Boulos Co. 16 202 Dartmouth St. Portland $4,200,000 47 units (portfolio) Forty Nine LLC Apartments Lone Palm LLC/Denali LLC CBRE|The Boulos Co. 265 Western Ave. South Portland $4,200,000 18,270 Foden Corner II LLC College Foden Corner LLC CBRE|The Boulos Co. 18 390 Congress St. Portland $4,000,000 83,686 Press Hotel LLC Boutique hotel redevelopment Metro Media Properties LLC NAI|The Dunham Group 19 2 Cotton St. Portland $3,720,000 11,023 Casco View Holdings III LLC Retail/office MaxFlo LLC CBRE|The Boulos Co. 20 341 Park St. Rockland $3,575,000 93,545 Maine Colloids LLC Industrial/investment 341 Park LLC NAI|The Dunham Group 21 7 Alewive Park Road Kennebunk $3,500,000 88,120 Kennebunk Savings Bank Office/warehouse Crane & Co. CBRE|The Boulos Co. 22 52 High St. Camden $3,400,000 N/A Fifty-Two High Street LLC Lodging, restaurant, functions R&R's Whitehall Inn LLC Daigle Commercial Group Maine's largest commercial property sales ยป C O N T I N U E D F R O M P A G E 8 8