Tim Millett Of Porta & Company Represents Buyer In Sale Of Mixed-Use Asset In Scarborough For $1.95M

The property asset involved in the transaction is a mixed-use building located at 66 Mussey Road in Scarborough, ME. This asset encompasses a total area of 12,044 square feet and was sold for $1,950,000, reflecting a price per square foot of $162.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,950,000
• Address: 66 Mussey Road
• Market: Scarborough, ME
• Square Footage: 12,044
• Price per Square Foot: $162
• Buyer's Representative: Tim Millett - Porta & Company
• Seller's Representatives: Andre Rossignol & Josh Soley - CORE

The transaction was negotiated by CORE, which facilitated the sale of the building, currently occupied by tenants Siemens and Make-A-Wish Maine. This deal underscores the robust demand for quality flex assets in southern Maine.