Fork Food Lab Acquires Office Building On Darling Avenue, Portland, ME For $5.9M

The property at 95-97 Darling Avenue in Portland, ME has been sold in a successful collaboration between East Brown Cow and Malone Commercial Brokers. The buyer, Fork Food Lab, has acquired the 42,000-square-foot office space for a total of $5.9 million. The property, currently undergoing construction, will be transformed into a shared commercial kitchen and food business incubator. This purchase fulfills Fork Food Lab's need for expanded facilities as they emerge from the pandemic with a growing waitlist.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $5,900,000
• Square Footage: 42,000
• Price per Square Foot: $140
• Address: 95-97 Darling Avenue, Portland, ME
• Market: Portland, ME

The buyer, Fork Food Lab, was represented by Brice O’Connor from The Boulos Company. On the other side, Joe Malone and Jennifer Small from Malone Commercial Brokers served as the seller's representatives in this transaction. This significant deal showcases the dedication of all parties involved in meeting Fork Food Lab's needs for expanded commercial kitchen and food business facilities.