Baxter 43 Holdings Acquires Office Property On Baxter Boulevard In Portland For $7.2M

The office property located at 43 Baxter Boulevard in Portland, ME has been sold for a total price of $7,200,000. The property spans across 24,524 square feet and sits on 1.6 acres of land. The sale price per square foot is $294, while the price per acre is approximately $4,500,000.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $7,200,000
• Address: 43 Baxter Boulevard, Portland, ME
• Market: Portland, ME
• Seller: Chabot Street, LLC
• Buyer: Baxter 43 Holdings, LLC
• Broker: Joseph Porta - Porta & Co.
• Square Footage: 24,524 sq ft
• Price per Square Foot: $294
• Acreage: 1.6 acres
• Price per Acre: $4,500,000

The seller of the property was Chabot Street, LLC while the buyer was Baxter 43 Holdings, LLC. Joseph Porta from Porta & Co. represented the parties involved in the transaction.