News: Northern New England
Posted: August 4, 2023
The Boulos Company sells retail portfolio totaling 25,181 s/f for $5.25 million
Brunswick, ME Brunswick Town Holdings, LLC purchased a retail portfolio of buildings, totaling 25,181 s/f in an off-market sale. The portfolio consists of 104 Pleasant St., 106–112 Pleasant St., and 275 Bath Rd.The portolio was sold by R.E. Management, Inc. for $5.25 million.
The buyer is an out-of-state investor with ties to Maine, and the portfolio, which features a mix of tenants such as Pat’s Pizza, Dunkin’, Subway, and Groups Recover Together, hit all his investment goals. Recent new development is making the area an attractive market for commercial real estate investors.
The Boulos Company’s senior partner Greg Boulos represented the seller, and associate broker Noah Stebbins of The Boulos Company represented the buyer.
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Northern New England
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