News: Northern New England

Malone Commercial Brokers honored with two CoStar Impact awards

Portland, ME Malone Commercial Brokers (MCB) has been honored with two CoStar Impact awards. The company was recognized for its work in two categories: Sale of the Year and Lease of the Year.

The Sale of the Year award recognized MCB’s work in the acquisition of 95-97 Darling Ave. by Fork Food Lab from East Brown Cow. This transaction exemplified innovative solutions across various elements, including design, public-private partnerships, and creative financing. The deal showcased resilience and creativity in contributing to the revitalization of South Portland and the growth of Fork Food Lab’s mission-driven organization. Joe Malone and Jennifer Small of MCB represented East Brown Cow. Brice O’Conner of The Boulos Company represented Fork Food Lab.

In the Lease of the Year category, MCB was honored for its role in the establishment of Coastline Direct Primary Care at 144 US Rte. One in Scarborough. This transaction highlighted the ability to navigate key challenges and generate innovative solutions to create a patient-centered, community- driven healthcare facility. Coastline Direct Primary Care is poised to redefine primary care delivery and improve the health and well- being of individuals in the Scarborough community and beyond. This lease deal was brokered by Andrew Ingalls of MCB.

Ingalls believes Coastline Direct Primary Care will redefine healthcare accessibility in Scarborough and beyond. “Her commitment to transforming healthcare is evident, and I believe Coastline Direct Primary Care will not only meet but exceed the healthcare needs of the community,” he said.

The CoStar Impact awards recognize exemplary commercial real estate transactions completed in 2023 with in 128 international markets.

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