In an exciting development, two accounting firms located at 22 Free St. in Portland have recently merged and are now making preparations to relocate to a permanent headquarters with a captivating water view in South Portland.
373 Broadway LLC has acquired the property at 373 Broadway from Hornby Zeller Properties LLC for a total of $825,000. The deal was successfully brokered by Tim Millett of Porta & Co. and Peter Harrington and Joe Malone of Malone Commercial Brokers.
The property itself consists of a three-story office building spanning 3,786 square feet. It boasts an exceptional location between the coastal neighborhoods of Ferry Village and Knightville, with close proximity to downtown Portland. Situated adjacent to the South Portland Greenbelt Walkway, the property witnesses a significant daily traffic count of over 14,000 cars. It also offers unobstructed water views of downtown Portland.
Brown & Kelly LLC merged with Dawson and Souter LLC last November. Initially, Dawson and Souter leased a suite at 22 Free St., coincidentally where Brown & Kelly also had their offices. Recognizing their shared values and objectives, the two firms decided it was time to combine their forces. The merged entity, now known as Kelly, Dawson & Souter LLC, specializes in providing tax compliance and planning services to individuals, small businesses, trusts and estates, and nonprofits.
Dawson expressed his satisfaction with the chosen building, stating, “This building was good square footage, a great location — five minutes from downtown Portland. It has off-street parking — we really wanted that for clients. This one checked all the boxes. We wanted to buy and we’re glad we were able to find a building that fit our needs so well.”
Approximately $75,000 has been allocated for renovations, which will involve repositioning a few walls. The firm intends to move into the new premises promptly, even as renovations continue.
With their merger and impending move to a new headquarters, Kelly, Dawson & Souter LLC is poised to provide enhanced accounting services while continuing to prioritize their clients' needs.
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