May 2010 Transactions - CBRE

insert tYPe
OF 98,024±sF sPACe lease Here deals
$2,263,000 sale deals
(ie retAiL, Or
completed by
OFFiCe)
CBre|the Boulos Company
in the month of May
Property Description and
Amenities
t 207.772.1333
F 207.871.1288
boulos@boulos.com
CBre|the Boulos Company
One Canal Plaza, suite 500
Portland, Me 04101
www.boulos.com
May.2010
Press reLeAse
American income Life insurance Company has subleased 1,211± sF of office space from
H.C. Watson Corporation at 778 Main street in south Portland, Maine. this transaction
was brokered on behalf of the Landlord by Craig s. Young, CCiM of CBre|the Boulos
Company and on behalf of the tenant by Al Fishman of Fishman realty Group.
Jess Meuse & elizabeth Wallner have leased a 365± sF office suite from Oak Hill Holdings,
LLC at 7 Oak Hill terrace in scarborough, Maine. this transaction was brokered on behalf
of the Landlord by Andrew ingalls of CBre|the Boulos Company.
Congresswoman Chellie Pingree has leased 3,139± sF of office space from Portland Fish
Pier Associates at the Marine trade Center in Portland, Maine. this transaction was brokered
by on behalf of the Landlord by Andrew ingalls of CBre|the Boulos Company.
Abode Property Management has purchased 10 and 20 shawmut street in Lewiston, Maine
from Michael & Cindy soucy. the properties consist of two, 6-unit residential apartment
buildings totaling 19,976± sF. Jonathan Leahy of CBre|the Boulos Company represented
the Purchaser in this transaction.
Karma, LLC has purchased a 12,932± sF industrial building located at 17 Patrick Drive in
Westbrook, Maine from Gaeta, LLC. this transaction was brokered on behalf of the seller by Craig
s. Young, CCiM and of the Purchaser by Andrew ingalls, both of CBre|the Boulos Company.
Maxim Healthcare services, inc. has leased 2,438± sF of office space at 778 Main street
in south Portland, Maine from rJH realty, LLC. Maxim Healthcare services was established
in 1988 to respond to the nursing shortage and is one of the fastest growing providers of
home health, medical staffing and wellness services in the industry. this transaction was
brokered on behalf of the Landlord by Craig s. Young, CCiM of CBre|the Boulos Company
and on behalf of the tenant by Matthew Barney of Malone Commercial Brokers.
Workforce solutions, a division of Goodwill industries of northern new england, has leased
1,610± sF of office space from Marketplace investment Group, LLC at the Marketplace,
located at 675 Main street in Lewiston, Maine. Goodwill’s Workforce solutions works
with adult and youth job seekers to set up a work plan, schedule trainings and prepare for
today’s job market. in addition, Workforce solutions works with businesses that are looking
for quality and dedicated employees. this transaction was brokered on behalf of the tenant
by Craig s. Young, CCiM of CBre|the Boulos Company and on behalf of the Landlord by
Kevin Fletcher, CCiM of Coldwell Bank Millett realty.
G & J Construction, LLC has purchased a 1,200± sF office building at 721 Main street
in south Portland, Maine from Wellspring Health Properties, LLC. the transaction was
brokered on behalf of the seller by Andrew ingalls of CBre|the Boulos Company and on
behalf of the Purchaser by Loren Ayer of Harborview Properties.
KG Partners has leased 10,198± sF of office space at 280 Fore street in Portland, Maine
from Olympia equity investors Viii, LLC. KG Partners is a full-service, integrated ad agency
that helps companies build their brands, increase market share and meet overall business
goals. this transaction was brokered on behalf of the Landlord by Gregory W. Boulos and
of the tenant by Craig s. Young, CCiM, both partners at CBre|the Boulos Company.

insert tYPe
OF sPACe Here
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OFFiCe)
Thank Nate Stevens for
sweetening up Portland ...
Mount Desert island ice Cream has
leased 1,548± sF of retail space
at 51 exchange street in Portland,
Me from Albert Palacci. they are
expanding into the Old Port area
from their two existing locations
in Bar Harbor. they also sell
wholesale to many fine restaurants
in the Downeast region. their
Maine-made gourmet ice creams
and sorbets have been awarded
“Best in new england” by Yankee
Magazine and recommended by
Conde nast traveler. MDiiC is
known for their innovative flavors
such as salt Caramel, sherry
Catalana, Chocolate Wasabi, and
Blueberry Basil sorbet, as well as
their attention to detail with old
favorites like Madagascar Bean
Vanilla, Chocolate and Cookies
and Cream. Look for them soon
on exchange street!
Property Description and
Amenities
this deal was brokered on behalf
of the tenant by nate stevens of
CBre|the Boulos Company and of the
Landlord by Peter Harrington of Malone
Commercial Brokers.
t 207.772.1333
F 207.871.1288
boulos@boulos.com
CBre|the Boulos Company
One Canal Plaza, suite 500
Portland, Me 04101
www.boulos.com
May.2010
Press reLeAse
seniors Plus has renewed and expanded their lease with Benson Company, LLC at 8 Falcon
road in Lewiston, Maine. seniors Plus, a non-profit organization dedicated to supporting
the needs of seniors and adults with special needs, will now occupy the entire 16,480± sF
building. this transaction was brokered on behalf of the Landlord by Chris Paszyc and on
behalf of the tenant by Charles Day, both of CBre|the Boulos Company.
Kevin Hall, d/b/a CyberWocky, has leased 1,960± sF of retail/office space at King’s
Court, located at 190-198 Western Avenue in Augusta, Maine from ALM enterprises, LLC.
CyberWocky is a computer, video, board and card gaming supply store. this transaction
was brokered by Chris Paszyc of CBre|the Boulos Company.
Marketing solutions, inc. has renewed their lease in a 2,157± sF office suite at 482 Congress
street in Portland, Maine from 482 Congress, LP. this transaction was brokered on behalf of
the Landlord and the tenant by Justin Lamontagne, of CBre|the Boulos Company.
rBC Capital Markets Corporation has renewed its lease of 2,897± sF of office space at 23
Water street, also known as Key Plaza, in Bangor, Maine. this transaction was brokered on
behalf of the tenant by Charles Day of CBre|the Boulos Company.
the United Way will be relocating their offices to One Canal Plaza in Portland, Maine this
coming summer. Drew sigfridson, siOr and tony McDonald, CCiM/siOr of CBre|the
Boulos Company represented United Way in their office search and subsequent lease
negotiations over the past several months. After researching several potential options,
United Way selected 10,574± sF on the third floor of One Canal Plaza because of its
convenient downtown location and easily accessible parking for volunteers. Joe Malone
represented the Landlord, east Brown Cow.
Accounts receivable solutions inc has leased 907± sF of office space at 640 Brighton
Avenue from income Property Management. this deal was brokered on behalf on the
Landlord and tenant by nate stevens of CBre|the Boulos Company.
Bayview Pediatrics, PA has renewed their lease with Apex Development, LLC at 45 Forest
Falls Drive in Yarmouth, Maine. Bayview Pediatrics has been in the building since it was
constructed in 2004 and occupies 5,000± sF of space. this transaction was brokered on
behalf of the Landlord by Charles Day of CBre|the Boulos Company and on behalf of the
tenant by thomas Moulton of nAi/the Dunham Group.
nL Partners has leased 3,800± sF of office space at 188 state street in Portland, Maine
from 188 state street, LLC. nL Partners is a full service marketing firm, with tools including
brand building, Pr, media planning, advertising, design and web strategies. the company
was founded in 1988 and has grown into a full service marketing firm with a staff of 15.
they are currently located on York street and will move to their new office in november. this
transaction was brokered on behalf of the Landlord by Joseph Porta of CBre|the Boulos
Company and on behalf of the tenant by David Caron of Malone Commercial Brokers.

For more information about
these transactions, or if you’d
insert like information tYPe on some of
OF our current sPACe property Here listings,
please call CBre|the Boulos
(ie Company retAiL, at 207.772.1333.
Or
OFFiCe)
Property Description and
Amenities
t 207.772.1333
F 207.871.1288
boulos@boulos.com
CBre|the Boulos Company
One Canal Plaza, suite 500
Portland, Me 04101
www.boulos.com
May.2010
Press reLeAse
C.A.r.e.s., inc. has leased 400± sF of office space at 134 Main street in Winthrop, Maine
from Harper’s West, LLC. C.A.r.e.s., inc. is a privately held company that has been in
existence since 1988 and has a proven track record in areas such as advocacy, case
management, program evaluation and policy development. this transaction was brokered
by Chris Paszyc of CBre|the Boulos Company.
Healthinfonet is a non-profit organization which began in 2004 as a collaboration of
multiple groups seeking to develop a state-wide electronic health information exchange.
Multiple stakeholders have been brought together to work on this health information
exchange and the extensive planning and development process has resulted in an expansion
of Healthinfonet’s organization. to accommodate this expansion, Healthinfonet will be
relocating its offices to the roundhouse Campus at 125 Presumpscot street in Portland,
Maine. they will be leasing 3,800± sF, a renovated brick and beam structure on the
campus owned by Ade Properties. Justin Lamontagne and Drew sigfridson, siOr, both of
CBre|the Boulos Company worked with the Landlord and tenant to complete this lease
transaction.
Michael K. scarks has purchased 23 Whitney road in Lincolnville (Camden) from Ducktrap
Properties, LLC. this transaction was brokered on behalf of the seller by tony McDonald,
CCiM/siOr of CBre|the Boulos Company.
Fairpoint Communications has leased 29,540± sF of warehouse space in White river
Junction, Vt from MGK investments LLC. this transaction was brokered by tony McDonald,
CCiM, siOr of CBre|the Boulos Company.
About CBre | the Boulos Company
the Boulos Company provides real estate brokerage, management, consulting and development
services in northern new england with offices in Portland, Maine and Portsmouth, new Hampshire.
CBre | the Boulos Company is northern new england’s largest full-service commercial real estate
company, with over 100 employees and brokers. CBre | the Boulos Company manages more than
3,000,000 square feet of commercial real estate, and brokerage activity volume in 2008 totaled in
excess of $160 million. in 2001, the Boulos Company entered into an affiliation with CB richard
ellis. Visit our Web site at www.boulos.com.
About CB richard ellis
CB richard ellis Group, inc. (nYse:CBG), a Fortune 500 and s&P 500 company headquartered in
Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2008 revenue).
the Company has approximately 30,000 employees (excluding affiliates), and serves real estate
owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide.
CB richard ellis offers strategic advice and execution for property sales and leasing; corporate
services; property, facilities and project management; mortgage banking; appraisal and valuation;
development services; investment management; and research and consulting. CB richard ellis has
been named a BusinessWeek 50 “best in class” company three years in a row and a Fortune 100
fastest growing company two years in a row. Please visit our Web site at www.cbre.com.