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The property is triple-net leased to TD Bank, which uses it as its Maine headquarters.
American Realty Capital Properties Inc. has paid $31 million, or about $217/sf, for a 143,030-square-foot office building at 70 Gray Road in Falmouth, Maine. The property was purchased from West Falmouth Development. It is triple-net leased to TD Bank, which ...
The deal includes an adjacent parcel can be developed into a hotel, retail space or residences.
Chatham Lodging Trust has paid $28 million, or $229,508/room, for the Hampton Inn Portland Downtown Waterfront hotel and an adjoining parcel in Portland, Maine. The 122-room hotel is at 209 Fore St. in the Old Port district that includes the ...
Blue Vista Capital Management has paid $18.2 million for Bayside Village, a 100-unit student-housing property in Portland, Maine. The property, which has a capacity of 402 beds, includes 3,300 square feet of retail space as well as a 117-space parking ...
Maine Biz Federated Cos. has proposed developing a $30 million mixed-use complex with 500 multifamily units, office and retail space in Portland, Maine. The Miami company has agreed to purchase the 3.25-acre development site contingent on the project gaining local ...
Maine Biz A venture that includes Och-Ziff Real Estate Advisors, a New York investment manager, has proposed developing a casino-hotel in Oxford, Me. The venture's other partners include Robert and Gary Bahre, the former owners of the Oxford Plains Speedway ...
Portland Daily Sun Federated Cos. of Miami has proposed a mixed-use development for Portland, Maine. The city of Portland owns the development site, which spans seven parcels along Somerset Street.
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