RAM Companies Acquires Fully Leased Warren Avenue Industrial Complex In Portland, ME For $9.6M

The fully leased Warren Avenue industrial complex in Portland, Maine, has been acquired by RAM Companies for $9.6 million. The complex spans a total of 64,000 square feet, with a price per square foot of $150. Located at 421 & 429 Warren Avenue, this industrial property offers a lucrative investment opportunity in the Portland market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $9,600,000
• Square Footage: 64,000
• Price per Square Foot: $150
• Address: 421 & 429 Warren Avenue, Portland, ME

RAM Companies, led by Howard A. Goldenfarb, Todd Goldenfarb, and Mark Campbell, successfully closed the deal on the Warren Avenue industrial complex in Portland. Throughout the transaction, Jennifer Small and Joe Malone of Malone Commercial Brokers represented RAM Companies as the brokers. The acquisition of this fully leased industrial property further enhances RAM Companies' portfolio and investment strategy in the Portland market.