News:
Brokerage
Posted: July 25, 2025
Malone Commercial Brokers sell 10,030 s/f retail building for $2.88 million
South Portland, ME Malone Commercial Brokers has completed the sale of 357 Maine Mall Rd. The 10,030 s/f retail building sold to 357 Maine Mall Road, LLC for $2.88 million. Mark Malone and Nick Malone of Malone Commercial Brokers (representing the seller) and John Finegan of The Boulos Company (representing the buyer) brokered the transaction.
After fifteen years serving as Maine’s only location of the Cracker Barrel restaurant franchise, the vacant space drew speculation about what would be the next chapter for this property. MCB reports that Great Bay Spa and Sauna will establish their second showroom featuring high quality hot tubs, swim spas, and saunas.
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Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
