News: Retail
Posted: June 21, 2012
CBRE|Boulos Co. sells 75,640 s/f sports facility to XL Soccer World
According to CBRE|The Boulos Co., XL Soccer World Saco LLC has purchased the Southern Maine Sports Zone property located at 400 North St. from Howard Sports Inc.
The property consists of a 9.13 acre site on I-95 with a 75,640 s/f indoor sports facility featuring basketball courts, artificial turf fields, fitness center and restaurant/bar.
This transaction was brokered by Chris Paszyc of CBRE|Boulos.
XL Sports World's newest acquisition will undergo a $1 million investment over the next six weeks to improve the current facilities which will provide a fantastic new user experience for all. This will include a complete refurbishment of the interior plus brand new state-of-the-art indoor fields which can be used for soccer, lacrosse, field hockey and other sports.
"The newly built fields will be open for rentals and will also offer soccer programs and leagues for all ages" said Kris Lamb, co-owner and CEO of XL Sports World and co-owner of its related business XL Soccer Tours.
The planned completion date is next month.
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