News: Northern New England

Maine Realty Advisors brokers four sales totaling over $3.5 million

Portland, ME Maine Realty Advisors negotiated the sale of 779 Congress St. to RM Ferrante LLC. The propertyis a10-unit multi-family sold by RSP-Congress Street LLC for $1.225 million. Frank Carr of Maine Realty Advisors and Thomas Gadbois of F.O. Bailey brokered the deal.

Reynolds Invest, LLC purchased two multifamily properties: In Gardiner, Reynolds Invest purchased a seven unit multifamily from G&G Holdings, LLC at 17 Autumn St. for $542,500. In Monmouth, Reynolds Invest, LLC purchased a 10-unit multifamily from G&G Holdings, LLC at 1064-1068 Main St. for $775,000.
Ben Spencer of Maine Realty Advisors and Daniel Coleman of Androvise brokered both of these transactions.

In Pittsfield, MEB LTL, LLC purchased 15,950 s/f of industrial space at 335 Industrial Pkwy. from LMD Properties, LLC for $1 million. Josh Soley of Maine Realty Advisors and Tim Millett of Porta & Co brokered the sale.

Carr of Maine Realty Advisors and Noah Stebbins of The Boulos Co. leased 1,861 s/f of retail space at 1364-1372 Congress St. to Green Street Holdings Maine, LLC from CP Westgate, LLC.

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Northern New England

PROCON and Hitchiner break ground on 57,000 s/f shared services operations facility

Milford, NH Hitchiner, in partnership with PROCON’s integrated design and construction team, has officially broken ground on a new 57,000 s/f shared services operations facility at its Elm St. campus. This building will house value-added services used across Hitchiner’s various business units,
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