Greg Hastings looks at the Maine real estate market as if it were a puzzle that just needs to be put together, and it is a puzzle he’s solved many times since 1987. After all these years at the Dunham Group, Hastings says he’s still just as excited to get up and go to work in… » Read more
We recently negotiated the sale of 324 Cummings Road in South Portland. The 15,800 SF medical office building sold to Spectrum Realty, LLC DBA Spectrum Medical Group for $2,013,000 by T+T Development. Spectrum is Maine’s largest multi-specialty, physician owned and directed professional organization comprised of over 200 physicians. Thomas W. Moulton, CCIM, SIOR and Katie… » Read more
Congratulations to Bissell Brothers Brewing Co. on their big move to Thompson’s Point in Portland!! “We are excited to announce that in the second quarter of 2016 we will be moving our entire operation to the Brick North building at Thompson’s Point in Portland,” the brewery’s co-founders Peter and Noah Bissell said in a statement posted on the… » Read more
We recently negotiated the sale of the Ocean Gateway Garage at 167 Fore Street in Portland, Maine. The 211,771± SF, 720-stall parking garage sold to 167 Fore Street, LLC for $13,100,000 by Portland Norwich Group, LLC. Frank O’Connor, CCIM, SIOR and Thomas Moulton, CCIM, SIOR brokered the deal.
We recently negotiated the sale of the Ocean Gateway Garage and 1.3 acres of land on Fore, India, Hancock & Thames Streets in Portland, Maine. The waterfront development site and 720-stall parking garage sold to Portland Norwich Group for $20,000,000 by Ocean Gateway Garage LLC & LRAR LLC. The site is one of the only remaining… » Read more
We recently negotiated the sale of the Public Market Parking Garage – a 243,000± SF garage on .88± acres at 315 Cumberland Avenue in Portland. The 590-stall parking garage sold to Northeast Investors, LLC for $7,950,000 by L.E. Springer, Inc. Tom Moulton, CCIM, SIOR brokered the deal on behalf of the buyer.
We are pleased to announce that Justin Lamontagne has earned the prestigious CCIM accreditation, an international membership comprised of the world’s top commercial real estate professionals. Awarded by the CCIM Institute, a Certified Commercial Investment Member is a recognized expert in the disciplines of commercial and investment real estate.
NAI The Dunham Group and Paragon Commercial Real Estate recently negotiated the sale of 740 Broadway in South Portland. This 21,957 square foot neighborhood retail center sold to a local investor, 740 Broadway, LLC for $4,000,000. Sellers, J & J Co., LLC are also a local investment group who have owned the property since 2008,… » Read more
We recently negotiated the sale of 10 & 20 Executive Drive in South Portland. The 9.71 acre land parcel sold to RLC Portland Retirement Community, LLC for $4,000,000 by Affordable Midcoast Housing, LLC. The property will be developed by Resort Lifestyle Communities with plans to build a 128-unit, 55+ senior housing complex. The senior community… » Read more
We recently negotiated the sale of 582-584 Congress Street in Portland. The 7,772 SF retail and mixed-use building sold to Corner Freak, LLC by 584 Congress Street, LLC. The property was purchased by a local developer with plans to convert the upper two floors to his residence and keep the existing long-term commercial tenant on… » Read more