NAI The Dunham Group completes three sales throughout Maine for $10.58 million

May 01, 2015 - Northern New England

28 Pond View Drive - Scarborough, ME

80 Anthony Avenue - Augusta, ME

NAI The Dunham Group negotiated the following sales:
* 28 Pond View Dr. in Scarborough. The single-tenant, 74,976 s/f manufacturing facility sold to 28 Pond View, LLC for $5.38 million by Estes Investments, LLC. The property was purchased by an investor who is growing his Maine commercial portfolio and was attracted by the quality of the building and tenant, LAI International. Tom Dunham, SIOR, Justin Lamontagne and Tom Moulton, CCIM, SIOR, from NAI The Dunham Group brokered the sale.
* 10 & 20 Executive Dr. in South Portland. The 9.71-acre land parcel sold to RLC Portland Retirement Community, LLC for $4 million 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 would feature fully equipped luxury apartments, social programs and shuttle service, along with a pharmacy, bank, hairdresser, gift shop, health club, movie theater and two restaurants offering 24-hour casual or fine dining. Tom Moulton, CCIM, SIOR, and Mark Sandler from NAI The Dunham Group brokered the sale, which closed on April 17.
* 80 Anthony Ave., Augusta: 33,560 s/f, former Pepsi bottling facility, sold to PLProperties, LLC for $1.2 million by Bottling Group, LLC. Greg Hastings, SIOR and Tom Dunham, SIOR, from NAI The Dunham Group brokered the sale, which closed on April 17. Purchased as an investment, the building is now available for lease.
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