J.B. Brown & Sons Acquires Office Property On Davis Farm Road In Portland For $8.7M

An office property located at 1 & 13 Davis Farm Road in Portland, ME has been sold. The property, spanning 135,000 square feet, was sold for a total price of $8,700,000, resulting in a price per square foot of $64. The transaction took place on 03/02/2022. The buyer was J.B. Brown & Sons, while the seller was The Davison Trusts. The brokers involved in the deal were Tony McDonald, Jon Rizzo, and Drew Sigfridson from The Boulos Company.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $8,700,000
• Address: 1 & 13 Davis Farm Road, Portland, ME
• Market: Portland, ME
• Square Footage: 135,000

Tony McDonald, Jon Rizzo, and Drew Sigfridson from The Boulos Company represented the buyer and seller in this office property transaction. They played a crucial role in facilitating the deal.