Capital Properties, LLC Acquires 151.5K SF Industrial Portfolio In Portland, Auburn & Bangor, ME For $14.55M

The $14.55 million sale of a five-building industrial portfolio in Portland, Auburn, and Bangor, ME has been facilitated by Malone Commercial Brokers. The portfolio, totaling 151,470 square feet, was acquired by Capital Properties, LLC.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $14,550,000
• Address: 392, 400 & 420 Warren Avenue, 80 Kittyhawk Avenue & 37 Godsoe Road
• Market: Portland, Auburn & Bangor, ME
• Buyer: Capital Properties, LLC
• Buyer's Representative: Brandon Mitchell - Malone Commercial Brokers
• Seller's Representatives: Sylas Hatch & TC Haffenreffer - The Dunham Group

Malone Commercial Brokers played a key role in the successful acquisition of this industrial portfolio by Capital Properties, LLC. The five-building portfolio offers a total of 151,470 square feet of space and was sold for $14.55 million.