News: Northern New England
Posted: July 2, 2021
The Boulos Co. negotiates seven Maine leases
Lewiston, ME The Boulos Company of Portland brokered seven leases totalling over 40,600 s/f.
Pike Industries, LLC leased 3,200 s/f of office space at 48 Commercial St. from landlord MRE, LLC. Pike is one of the largest asphalt and aggregate producers in New England and operates over 40 asphalt plants and 20 crushing facilities throughout New Hampshire, Vermont and Maine. The transaction was arranged on behalf of the landlord by Chris Paszyc, CCIM, SIOR and Nick Lukas.
In South Portland, Rejuvenations Medi-Spa leased 2,295 s/f of office space at 778 Main St. from landlord RJH Realty. The tenant is a physician-directed personal enhancement treatment center, the first of its kind in Maine. The transaction was arranged by Craig Young.
HealthMarkets Insurance Agency, Inc. leased 2,170 s/f of office space at 778 Main St. from landlord RJH Realty. The tenant is one of the largest independent health insurance agencies in the U.S. The transaction was arranged on behalf of the landlord by Craig Young, and on behalf of the tenant by Jim Harnden of Harnden Commercial Brokers.
In Portland, KinoTek renewed its 1,720 s/f lease at 22 Monument Sq. from landlord Storrey Industries, LLC. The tenant is a tech start-up that is expanding into a larger suite within the building. The transaction was arranged by Nate Stevens and Samantha Marino.
In New Gloucester, Mologic, Inc. has leased 1,558 s/f of office space at Pineland. The tenant will use the space to fulfill a NIH contract it was awarded to develop and release an innovative, home-use testing platform for respiratory infections, including SARS-CoV-2. The transaction was arranged by John Finegan.
In Westbrook, Omnicare Pharmacy of Maine, LLC renewed their lease for 15,413 s/f of industrial space at 39 Eisenhower Dr. from landlord 39 Eisenhower Drive, LLC. The transaction was arranged on behalf of the landlord by Tony McDonald, CCIM, SIOR and on behalf of the tenant by Carl Robards of JLL.
The NEFCO Corp. subleased 14,252 s/f of industrial space at 7 Thomas Dr. from sub-landlord Johnstone Supply. The tenant is a construction supplies distributor servicing the commercial contractor trades who is expanding their operation in Maine. Johnstone Supply will be moving their facilities to a newly purchased building at 238 Riverside St. in Portland. The transaction was arranged on behalf of the sub-landlord by Joseph Italiaander and Derek Miller, on behalf of the sub-tenant Nick Lucas and Mike Puzzo of CBRE.
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