Congrats to Agren Appliance on the purchase of their new HQ at 11 Adamian Drive in Auburn! The company outgrew their former headquarters and this location was perfect for their future plans to build a warehouse/distribution facility on the adjacent land they already owned. Agren also recently purchased additional space to expand their South Portland location… » Read more
Category: Dunham in the News
Volk Packaging Expand Operations with 85,640 SF in Sanford
Congratulations to Volk Packaging on leasing 85,640 SF at 1 Eagle Drive in Sanford from 43 North, LLC. TC Haffenreffer, Sylas Hatch, Greg Hastings, SIOR and Tom Dunham, SIOR brokered the lease. Volk will expand their operations at this new location and plans to hire 20 employees within the coming year. Read the Mainebiz story here.
Quintessential Old Port Building Sold for $3.6 Million
10 Dana Street, a ‘quintessential’ Old Port brick building (with our office on the top floors!), recently sold to a local investor for $3.6 million. Chris Craig brokered the sale. Read the Mainebiz story here.
Medical Office Building at 1601 Congress Street Sold for $4.23 Million
Northland Enterprises of Portland purchased 1601 Congress Street from OGH Realty Associates, LLP. This 29,000 SF medical office building sits on 11 acres in the Stroudwater area of Portland. Maine Medical Partners Dermatology is currently renovating the first floor and will join its medical tenant roster this summer! Dunham Group’s Sam LeGeyt, TC Haffenreffer, and Sylas… » Read more
Call For Offers Begins on Union Wharf, Portland Waterfront’s Oldest
We opened a Call for Offers this week on this incredibly unique property. Portland waterfront’s oldest wharf, Union Wharf, is available for sale for the first time in its history. Contact listing brokers Chris Craig, Tom Dunham, SIOR & Greg Hastings, SIOR for more information. Read the Mainebiz story here. View listing details and brochure… » Read more
Origin Labs Expands Nutritional Line with Purchase of North Jay Industrial Property
Tom Dunham brokered the sale of 1149 Main Street, a 60,000 SF industrial facility, in North Jay. With a strong desire to expand in Franklin County, Origin Labs purchased the property to expand the nutritional arm of the company. It will serve as warehouse and distribution for their Jocko Fuel line of drinks and supplements.… » Read more
Maine Calling Episode : How the Pandemic Has Affected the Residential & Commercial Real Estate Market in Maine
Great conversation about how the pandemic has affected Maine’s real estate market on Maine Calling Friday. Local pros discuss the trends and changes and Justin Lamontagne hops in at minute 25:50 to share an update on the commercial sectors. Listen to the episode here.
What’s trending in commercial development in 2021?
What’s trending in commercial development in 2021? These local experts talk about development with purpose, retail reboot, big box to industrial (from Justin Lamontagne), and more. Read the Mainebiz story here.
Skowhegan Savings to Open Portland Business Center on Marginal Way
Skowhegan Savings Bank will open its’ new Portland Business Center at 287 Marginal Way. The space will undergo a full renovation and is expected to open in April. The new location will cater to the bank’s growth in the southern Maine commercial sector. 287 Marginal Way provides easy access just off I-295, with dedicated parking… » Read more
North River Roque, LLC Acquires 5 Bradley Drive for $22.75 Million
Congratulations to North River Roque, LLC on the acquisition of this 126,072 square foot property in Westbrook’s Five Star Industrial Park for $22.75 million. The property is 100% leased on a triple-net basis to Abbott Laboratories. TC Haffenreffer and Sylas Hatch from NAI The Dunham Group represented North River Roque, LLC. Jon Rizzo and John… » Read more
MaineHealth Purchases 340 County Road, Westbrook from Husson University
MaineHealth purchased this 34,587 SF building in Westbrook from Husson University for $4.65 million. Justin Lamontagne, CCIM, SIOR represented MaineHealth in the sale and says the search was started a few years ago. This building finally checked all their boxes. “It’s a single-story standalone flex building that lends itself to a lot of different potential… » Read more
Join Ducas Construction at their new headquarters in The Downs’ Innovation District
Join Ducas Construction at their new headquarters in The Downs’ Innovation District! 4,000 – 8,000 SF of office and warehouse space for lease. Contact Sam LeGeyt for more information. Read the Mainebiz article about the sale of the lot and Ducas’ plans to build a 12,000 SF office and warehouse building.
Vermont firm Redstone Looks to Expand Footprint in Maine
Mainebiz: Do you have other acquisitions in mind for Maine? Joe Engelken of Redstone: Always! Before we even got to the closing table I was bugging Sylas [Hatch] to find me another deal. As I mentioned, we’re focused on growing our portfolio in Maine. Having a good relationship with brokers like Sylas and the NAI Dunham… » Read more
1004 Congress Street Latest Building Added to PK Realty’s Portfolio
“Our process is Tom Moulton,” Packard said. Great article highlighting Tom & Katie’s client relationship with PK Realty, who recently acquired another Libbytown property at 1004 Congress Street. Read the full article at Mainebiz.
Exchange Block in Downtown Bangor for Sale
The Exchange Block in Bangor is available for sale as a 4-building package or individually. Contact TC Haffenreffer or Sylas Hatch for details. Read the Mainebiz article here.