Scarborough, ME According to The Boulos Company, Hughes Wealth Advisors, a private wealth advisory practice of Ameriprise Financial Services, LLC, has purchased 5,190 s/f of office condo space at 10 Market St. following the sale of their 2,654 s/f office building at 5 Ward St.

Hughes Wealth Advisors has officially relocated to a designed office space in the newly constructed 10 Market St. This move marks a  milestone in the practice’s continued growth and commitment to providing financial guidance to clients.

Since locating to 5 Ward St. in 2012, the practice has grown. The transition to 10 Market St. allowed them to create a fully customized environment that also accommodates growth.

With the support of a patient buyer and several strategic purchase and sale agreement extension periods to account for potential construction delays, Hughes Wealth Advisors completed the move one week prior to closing on their 5 Ward St. location.

The practice’s new home is located at one of the main entrances to The Downs. Neighboring users in 10 Market St. include the Allagash Brewery Tasting Room, LifeStance Health, Spurling Fitness, Maine Oral Surgery, and others.

The Boulos Company represented each of the buying and selling parties across both transactions. For 5 Ward St., Sasha Phillips represented the seller, JXH, LLC while Noah Stebbins represented the buyer, BW Industries, LLC. Phillips then represented JXH, LLC as the buyer for the 10 Market St. transaction, and Drew Sigfridson, SIOR and Jon Rizzo, SIOR represented the seller, 10 Market Street, LLC.