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Brokerage
Posted: July 29, 2022
Malone Commercial sells 11,180 s/f to Allspeed Cyclery & Snow
Portland, ME Malone Commercial Brokers closed the sale of 936 Brighton Ave. which will be occupied by Allspeed Cyclery & Snow. Jennifer Small and Joe Malone represented the seller. Chris Paszyc and Nick Lucas at The Boulos Company represented the buyer. This 11,180 s/f building is located in the area of Nason’s Corner adjacent to the Westbrook shopping district.
According to Allspeed owner Chris Carleton, “The amenities at the new location–the larger parking lot, nearby green trails, and increased square footage–will be more efficient for a more client-focused experience.”
Popular events like the Allspeed annual bike sale will also have a larger scope with increased interior and exterior space for bike and ski enthusiasts to interact and test drive equipment.
The sale of 936 Brighton Ave. on June 14th and build-out of the new space is underway. Once complete, Allspeed will move from the Marginal Way store to occupy all but 2,000 s/f of the former Rite-Aid building for their showroom and full-service bike repair center.
Allspeed has two other locations in Bethel and in Carrabassett Valley at Sugarloaf.
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