Lewiston Holdings Acquires Industrial Property At 765 Webster Street For $6.1M

The industrial property located at 765 Webster Street in Lewiston, ME, spanning 8.3 acres, was successfully sold for $6.1 million. The transaction involved the sale of a 93,500 sq. ft. industrial asset, with a price per square foot of $65. The buyer, Lewiston Holdings 765 Webster, LLC, acquired the property from the seller, Polymer Laboratories and Solutions, LLC.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,100,000
• Address: 765 Webster Street
• Market: Lewiston, ME
• SF: 93,500
• PPSF: $65
• Buyer: Lewiston Holdings 765 Webster, LLC
• Seller: Polymer Laboratories and Solutions, LLC
• Buyer's Rep: Noah Stebbins - The Boulos Company
• Seller's Rep: Lenny Pierce - JLL

The sale was facilitated with Noah Stebbins from The Boulos Company representing the buyer, Lewiston Holdings 765 Webster, LLC. On the seller's side, Lenny Pierce from JLL acted as the representative for Polymer Laboratories and Solutions, LLC.