Nrti Spiller Drive LLC Acquires Industrial Site From Spiller Drive LLC For $13 Million

The property involved in this transaction is an industrial site located at 22-48 Spiller Drive in Westbrook, ME. The sale price of the property was $13,000,000, and it encompasses a total area of 134,000 square feet, equating to a price per square foot of $97.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,000,000
• Sale Date: 10/03/2025
• Address: 22-48 Spiller Drive
• Market: Westbrook, ME
• Buyer: Nrti Spiller Drive LLC
• Seller: Spiller Drive LLC
• Buyer's Representative: TC Haffenreffer - The Dunham Group
• Seller's Representatives: Steve Baumann - Compass Commercial Brokers & Josh Soley - CORE
• Square Footage: 134,000
• Price per Square Foot: $97

This transaction was facilitated by CORE, representing the seller, with Josh Soley and Steve Baumann managing the details on their behalf. The buyer was represented by TC Haffenreffer of The Dunham Group. The industrial site is anchored by glass and metal fabricator Sigco, a subsidiary of Oldcastle BuildingEnvelope.