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Venture Solar Leases 10,000 SF Industrial Facility In Biddeford, Maine

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LEASED

Maine

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Industrial10,000 SF
Leased 09/01/2023
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LEASED

Venture Solar Leases 10,000 SF Industrial Facility In Biddeford, Maine

19 Pomerleau Street Biddeford, Maine 04005, USA

See Similar Deals
Industrial10,000 SF
Leased 09/01/2023
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Summary

MAINE
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:10,000 SF
Transaction Type:Lease

Venture Solar has leased a 10,000-square-foot industrial facility located at 19 Pomerleau Street in Biddeford, ME. The property, owned by MEC Realty, Inc., will serve as the company's inaugural presence in Maine. Venture Solar plans to utilize the space for both office and warehouse purposes.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Address: 19 Pomerleau Street, Biddeford, ME
  • Market: Biddeford, ME
  • Square Footage: 10,000

The lease deal was facilitated by Claire Richardson and Noah Stebbins of The Boulos Company, acting as Venture Solar's brokers in the transaction.

Players

Noah Stebbins
3 deals$7.9M volume(207) 553-1727
BROKER

Details

LEASED
IMAGE: Noah Stebbins & Claire Richardson DATE: 09/01/2023 ADDRESS: 19 Pomerleau Street MARKET: Biddeford, ME ASSET TYPE: Industrial ~ SF: 10,000 TENANT: Venture Solar (@VentureSolar) BROKERS: Claire Richardson & Noah Stebbins - The Boulos Company (@TheBoulosCo) NOTE: Venture Solar has leased a 10,000-square-foot industrial facility at 19 Pomerleau St. in Biddeford, ME, from MEC Realty, Inc. This marks their inaugural presence in Maine, where they will utilize the space for office and warehouse purposes.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97