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V O L . X X I I N O. X X I X 94 BO O K O F L I S T S 2 0 17 R E A L E S TAT E Portland redevelopment 5 167 Fore St. Portland $13,100,000 211,771 2 167 Fore St. LLC Parking garage Portland Norwich Group LLC NAI |The Dunham Group 6 400, 500 & 600 Southborough South Portland $11,000,000 106,503 400 Southborough LLC Investment RREEF Harnden Commercial Brokers Cushman Wakefield 7 315 Cumberland Ave. Portland $7,950,000 243,000 3 Northeast Investors LLC Parking garage LE Springer Inc. NAI |The Dunham Group 8 461 Cumberland Ave. Portland $6,965,000 74 units I-95 Portland Properties I LLC Apartments/investment East End Holdings LLC CBRE|The Boulos Co. 9 65 Portland Road Kennebunk $6,925,000 88,840 Property Partners LLC Retail GI Kennebunk LLC Paragon Commercial Real Estate Cardente Real Estate 10 57 Baywood Lane Yarmouth $5,400,000 56 units Taymil Partners Apartments/investment Wishcamper Properties CBRE|The Boulos Co. 11 28 Pond View Drive Scarborough $5,380,000 74,976 23 Pond View LLC Investment Estes Investments LLC NAI |The Dunham Group 12 315 Marginal Way Portland $5,378,000 29,216 Cianchette Family LLC Retail/office Southern Maine Properties Co. Malone Commercial Brokers Inc. 13 One Monument Way Portland $5,240,000 47,497 East End Holdings LLC Office/retail/investment One Monument Way LLC CBRE|The Boulos Co. 14 123 Darling Ave. South Portland $5,120,000 58,902 Darling Avenue Realty LLC Office/investment Unum Life Insurance Co. of America CBRE|The Boulos Co. 15 26 Parkway Drive Scarborough $5,050,000 95,000 Iron Mountain Information Management LLC Warehouse Commodities Warehouse LLP Malone Commercial Brokers Inc. Jones Lang LaSalle 16 55 Hutcherson Drive Gorham $4,745,000 114,232 CM Hutcherson LLC Industrial/investment GR I Gorham LLC CBRE|The Boulos Co. 17 125-133 Grant St. Portland $4,335,000 N/A Woodford Highland LLC Investment EJH Properties, Low Income Properties LLC and AGH Properties LLC Vitalius Real Estate Group 18 10-20 Executive Drive South Portland $4,000,000 422,967 RLC Portland Retirement Community LLC Land/investment/senior living community Affordable Mid Coast Housing LLC CBRE|The Boulos Co. NAI |The Dunham Group Cardente Real Estate 740 Broadway South Portland $4,000,000 21,957 740 Broadway LLC Retail The LJ Co. LLC Paragon Commercial Real Estate NAI |The Dunham Group 20 92 Wall Point Road Boothbay Harbor $3,937,500 11,349 Linekin Bay Holdings LLC N/A Linekin Bay Resort Inc. Daigle Commercial Group 21 393 Commercial St. Portland $3,850,000 2,184 420 Fore LLC Gas station AGA Reality LLC Compass Commercial Brokers 22 164 Longview Drive Bangor $3,550,000 114,448 Saxon Partners Renovated for BJ's Wholesale Club Home Depot USA Inc. NAI |The Dunham Group Atlantic Retail Properties Excess Space 23 3 Godfrey Drive Orono $3,500,000 54,196 Lawrence Springer Office/investment Orono Economic Development Corp. CBRE|The Boulos Co. ERA Dawson Bradford 24 465 Main St. Westbrook $3,225,000 11,180 420 Fore LLC Pharmacy/retail 465 Main St. LLC Compass Commercial Brokers 14 123 Darling Ave. South Portland $5,120,000 58,902 Darling Avenue Realty LLC Office/investment Unum Life Insurance Co. of America CBRE|The Boulos Co. 15 26 Parkway Drive Scarborough $5,050,000 95,000 Iron Mountain Information Management LLC Warehouse Commodities Warehouse LLP Malone Commercial Brokers Inc. Jones Lang LaSalle 16 55 Hutcherson Drive Gorham $4,745,000 114,232 CM Hutcherson LLC Industrial/investment GR I Gorham LLC CBRE|The Boulos Co. 17 125-133 Grant St. Portland $4,335,000 N/A Woodford Highland LLC Investment EJH Properties, Low Income Properties LLC and AGH Properties LLC Vitalius Real Estate Group 18 10-20 Executive Drive South Portland $4,000,000 422,967 RLC Portland Retirement Community LLC Land/investment/senior living community Affordable Mid Coast Housing LLC CBRE|The Boulos Co. NAI |The Dunham Group Cardente Real Estate 740 Broadway South Portland $4,000,000 21,957 740 Broadway LLC Retail The LJ Co. LLC Paragon Commercial Real Estate NAI |The Dunham Group 20 92 Wall Point Road Boothbay Harbor $3,937,500 11,349 Linekin Bay Holdings LLC N/A Linekin Bay Resort Inc. Daigle Commercial Group 21 393 Commercial St. Portland $3,850,000 2,184 420 Fore LLC Gas station AGA Reality LLC Compass Commercial Brokers 22 164 Longview Drive Bangor $3,550,000 114,448 Saxon Partners Renovated for BJ's Wholesale Club Home Depot USA Inc. NAI |The Dunham Group Atlantic Retail Properties Excess Space 23 3 Godfrey Drive Orono $3,500,000 54,196 Lawrence Springer Office/investment Orono Economic Development Corp. CBRE|The Boulos Co. ERA Dawson Bradford 24 465 Main St. Westbrook $3,225,000 11,180 420 Fore LLC Pharmacy/retail 465 Main St. LLC Compass Commercial Brokers 25 278 Woodford St. Portland $3,200,000 34,908 Woodford Hunt Properties LLC Apartments/investment Woodford Hunt Properties LLC CBRE|The Boulos Co. 537 U.S. Route 1 Freeport $3,200,000 18,058 Vivek Patel N/A Giri Hotels Daigle Commercial Group 27 30-32 Deering St. Portland $3,060,000 37 units I-95 Portland Properties I LLC Apartments/investment Parkside Properties LLC CBRE|The Boulos Co. Re-Max Allied 28 84 Warren Ave. Westbrook $2,950,000 55,275 4 Delta Realty Investment Fairlane 500 Industrial Drive LLC NAI |The Dunham Group 29 9 Industry Ave. Auburn $2,785,000 12,163 Areteaus Realty Trust LP Office/investment Greenwing LLC CBRE|The Boulos Co. Jones Lang LaSalle 30 250 Canco Road Portland $2,700,000 68,000 City of Portland Public works department Pepsi Bottling Group LLC NAI |The Dunham Group 1 Includes Tamarlane apartment complex in Portland as well as Foxcroft and Coach Lantern in Scarborough. 2 Additional 720-stall parking garage. 3 Additional 590-stall parking garage. 4 On 10.47 acres. N/A: Not available. This list was compiled by Stephanie R. Meagher and published in the September 19, 2016 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, 2015 Property location(s) Sale price Square footage Buyer Planned use Seller Commercial real estate broker(s) 1 1 & 2 Portland Square Portland $66,100,000 225,000 North River IV LLC Office/investment RREEF America REIT III-Z4 LLC CBRE|The Boulos Co. Cushman Wakefield 2 46A Tamarlane 1 Portland $50,250,000 309 units Chestnut Realty Management Apartments/investment Resource Real Estate Inc. CBRE|The Boulos Co. 3 100 Middle St. Portland $35,300,000 195,000 Albany Road Real Estate Partners Office/investment Middle Street Office Tower A&B Associates CBRE|The Boulos Co. 4 India, Fore, Thames & Hancock St. Portland $20,000,000 56,628 2 Portland Norwich Group LLC Commercial and residential redevelopment Ocean Gateway Garage LLC NAI |The Dunham Group 5 167 Fore St. Portland $13,100,000 211,771 2 167 Fore St. LLC Parking garage Portland Norwich Group LLC NAI |The Dunham Group 6 400, 500 & 600 Southborough South Portland $11,000,000 106,503 400 Southborough LLC Investment RREEF Harnden Commercial Brokers Cushman Wakefield 7 315 Cumberland Ave. Portland $7,950,000 243,000 3 Northeast Investors LLC Parking garage LE Springer Inc. NAI |The Dunham Group 8 461 Cumberland Ave. Portland $6,965,000 74 units I-95 Portland Properties I LLC Apartments/investment East End Holdings LLC CBRE|The Boulos Co. 9 65 Portland Road Kennebunk $6,925,000 88,840 Property Partners LLC Retail GI Kennebunk LLC Paragon Commercial Real Estate Cardente Real Estate 10 57 Baywood Lane Yarmouth $5,400,000 56 units Taymil Partners Apartments/investment Wishcamper Properties CBRE|The Boulos Co. 11 28 Pond View Drive Scarborough $5,380,000 74,976 23 Pond View LLC Investment Estes Investments LLC NAI |The Dunham Group 12 315 Marginal Way Portland $5,378,000 29,216 Cianchette Family LLC Retail/office Southern Maine Properties Co. Malone Commercial Brokers Inc. 13 One Monument Way Portland $5,240,000 47,497 East End Holdings LLC Office/retail/investment One Monument Way LLC CBRE|The Boulos Co. 14 123 Darling Ave. South Portland $5,120,000 58,902 Darling Avenue Realty LLC Office/investment Unum Life Insurance Co. of America CBRE|The Boulos Co. 15 26 Parkway Drive Scarborough $5,050,000 95,000 Iron Mountain Information Management LLC Warehouse Commodities Warehouse LLP Malone Commercial Brokers Inc. Jones Lang LaSalle 16 55 Hutcherson Drive Gorham $4,745,000 114,232 CM Hutcherson LLC Industrial/investment GR I Gorham LLC CBRE|The Boulos Co. 17 125-133 Grant St. Portland $4,335,000 N/A Woodford Highland LLC Investment EJH Properties, Low Income Properties LLC and AGH Properties LLC Vitalius Real Estate 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