Main Street Retail Changes Hands In Freeport

One of  Freeport's most prominent retail properties changed hands this July 8th. 35 Main Street, a 37,663±SF building, sold to Chilton Properties, LLC by 35 Main A&B Freeport, LLC and 35 Main C, Freeport LLC for $4,300,000.  The high-visibility spot  houses national retail names The Gap and American Eagle Outfitters, and is a key property in the vibrant mix of outlets, boutiques, and iconic Maine brands that make Freeport a destination for locals and visitors year-round.  

Anchored by the flagship LL Bean campus,  Main Street has been reimagined more than once since its shipbuilding days, drawing more than 3 million visitors annually to its premier shopping, restaurants, galleries, and experiential offerings like Meetinghouse Arts and free concerts at Bean's Discovery Park.  35 Main Street is strategically located in this bustling downtown, just steps from other major retailers such as North Face, Patagonia, and Polo Ralph Lauren.

Mark Malone and Nick Malone of Malone Commercial Brokers brokered the transaction.

Northland Enterprises Acquires Lot in Gorham Industrial Park

Northland Enterprises has purchased a 15.5-acre parcel at Cyr Drive in Gorham Industrial Park (Lot 1) from The Town of Gorham for $1.11 million. The Portland-based developer sees strong demand for modern industrial space and plans to market the site for a build-to-suit facility.

The lot is approved for an 80,000± SF industrial building with high ceilings, loading docks, and office space, with potential to expand beyond 100,000 SF. Northland expects the investment could range from $17 million for a traditional warehouse to $25 million for a specialized, temperature-controlled facility.

Mike Anderson of Malone Commercial Brokers brokered the deal. He noted the sale could serve as a catalyst for additional activity in the park’s expansion area, where Amazon recently purchased 94 acres for $4 million.

Since 2001, Northland has developed more than 300,000 SF of commercial properties across Maine. Their move into Gorham reflects confidence in the region’s industrial market, where existing vacancies are limited and demand for large-scale, customizable facilities remains high.

Read MaineBiz feature HERE!

MaineHealth Invests in South Portland Orthopedic Hub

Rendering Courtesy of MaineHealth

MaineHealth has purchased 300 Southborough Drive in South Portland for $20 million, with plans to create a new hub for orthopedic care. The three-story, 122,000± SF Class A office building sits on 19 acres and offers more than 600 parking spaces.

The acquisition is part of a $70 million investment that includes $30 million in renovations to the building and $20 million toward a new 14,000± SF freestanding orthopedic surgery center. Once complete, the site will bring together orthopedic providers and specialty services that are currently spread across Greater Portland, creating a more centralized and collaborative care model.

Mark Malone of Malone Commercial Brokers represented MaineHealth in the transaction, while Tom Moulton and Katie Breggia of The Dunham Group represented the seller, Metro 300 LLC.

Renovations are expected to begin in the coming years, with construction on the new surgery center anticipated to start by late 2025. MaineHealth projects the hub will improve patient access, expand capacity, and streamline orthopedic services for the region.

Read MaineBiz feature on this transaction HERE.

Craft and Calm at Stellan on Commercial Street

In Portland’s Old Port, on Commercial Street next to the Canopy Hotel, Stellan has established itself as a destination for home goods, art, and design pieces that reflect both craftsmanship and calm. Owner Erica Biordi describes the name as “Scandinavian for peaceful one or calm, which is exactly what we try to provoke with all of the things that we curate.” It also serves as an acronym for herself, her wife, and their five children.

The store feels more like a thoughtfully arranged home than a retail space. That sense of ease carries through to the artwork on display, including serene seascapes by Jill Matthews and detailed bird paintings created by Biordi’s cousin.

Every product in Stellan is chosen with care. Biordi gravitates toward makers and companies whose values align with her own such as sustainability, integrity, and support for women entrepreneurs. “The company that’s producing it has to be like a pretty holistic, wholesome company,” she said. “And that they have some acknowledgement and practice towards sustainability, whether it’s the environment or sustaining commerce, like businesses opening in Portland.”

For her, showcasing this kind of work is part of the reward. “I’m in awe of the people that create the things that we sell…to be able to support their craft and get it out into the world is so important to me.”

When Biordi was ready to open Stellan, Peter Harrington of Malone Commercial Brokers helped her find a space that fit. “This space spoke very clearly to us. Because of the exposed brick and the history of the building and the size of it was perfect.” She added that being just slightly off the main path, but still being on a popular stretch of Commercial Street, has worked well, keeping the shop close to the working waterfront while reflecting both the calm of Maine living and the hard work behind many of its makers, some of whom are featured in her shop.

Stellan has been welcomed into Portland’s unique mix of small businesses since June. “There’s such an incredible sense of community. So I’m so grateful to be here,” Biordi said.

At Malone Commercial Brokers, we’re proud to have worked with Stellan and to continue supporting Maine businesses in finding spaces that they can call home as well as allowing them to grow.

Portland House of Music Business is For Sale

Portland House of Music is now being offered for sale. Since 2015, Portland House of Music has been a destination for local and regional artists to perform, adding to the vibrancy of Portland's unique music scene. The space itself is flexible for both intimate and larger stage/theater productions. Bordering the Old Port and Waterfront area, this 2-level indoor venue with additional outdoor space is located at 25 Temple Street in Portland.

The sale includes the business, website, assets and equipment, and transfer of future booked events. Let's help the legend of Portland House of Music, and Portland's local music scene by finding the right buyer!

If you have any questions or want to hear more information, please contact Karen Rich or Mike Anderson of Malone Commercial Brokers.

karen@malonecb.com

mike@malonecb.com

207-772-2422

Reframe Brings Community-Focused Fitness to Portland

After a strong first year in Falmouth, Reframe is expanding into Portland. The locally owned fitness studio has signed a lease for its second location at 180 Kennebec Street, in the heart of the West Bayside neighborhood. The new space is expected to open in late fall.

Founded by Lily Jocham, Reframe has built a dedicated following with its high-intensity, Pilates-inspired workouts using the XFormer, a next-generation version of the traditional reformer, and first of its kind here in Maine. The studio is known for delivering challenging, consistent classes in a welcoming, community-driven setting.

“This wasn’t something I planned to do within the first year,” said Jocham. “But we hit a point where it was clear that we needed more space to keep up with the energy people were bringing to Reframe.”

As the studio grows, she’s focused on protecting what made it resonate in the first place. “Even though we’re growing, what’s most important to me is the quality of our classes and the strength of our community. That consistency is everything.”

The new studio will include a full XFormer room along with a separate mat space, allowing for more variety in class offerings and more flexibility for members, while still maintaining the consistency of the types of classes they offer.

Jocham, who has taught fitness and yoga for over a decade, opened Reframe to bring something new and lasting to the local fitness scene. After becoming a mom and rethinking what wellness looked like in her own life, she saw an opportunity to build a space where people could feel strong, supported, and seen.

“There was a need for something that felt more consistent, more rooted,” she said. “I wanted to create a studio that felt personal but still professional, where the experience is strong every time, no matter who’s teaching.”

The Portland studio is located on the ground floor of the Furman Block, a modern mixed-use building that reflects the creative energy of West Bayside. It’s a neighborhood that’s home to a growing mix of fitness, wellness, and independent retail businesses.

“Reframe brings a thoughtful, community-driven approach to fitness, and that aligns really well with the momentum we’re seeing in West Bayside,” said Luke Malone of Malone Commercial Brokers, who represented the Landlord in the lease. “We think Reframe will be a great addition to the already successful mix of great tenants in the Furman Block.

To learn more, stay updated on the new Portland location, or explore classes at the Falmouth location, visit www.reframemaine.com.

Great Bay Spa & Sauna Expands to Maine at Former Cracker Barrell Building

For nearly 15 years, 357 Maine Mall Road was known as the home of Maine’s only Cracker Barrel restaurant. With its recognizable facade and prominent location in South Portland’s retail corridor, the building became something of a local landmark. After the restaurant closed, the vacant space quickly sparked conversation about what might come next.

The next chapter is all about comfort, wellness, and at-home relaxation. Great Bay Spa & Sauna, a New Hampshire-based company known for premium hot tubs, swim spas, and saunas, is bringing its second showroom to Maine.

Malone Commercial Brokers is proud to have facilitated the sale of the 10,030± SF building to 357 Maine Mall Road, LLC for $2,880,000. Mark Malone and Nick Malone of Malone Commercial Brokers represented the seller, and John Finegan of The Boulos Company represented the buyer.

Founded in Portsmouth in 1976 by three friends inspired by the hot spring culture out west, Great Bay Spa & Sauna has spent around 50 years building a business rooted in quality and customer care. In 2019, longtime employee Jamie Burson took the reins and continues to lead the company with the same passion and integrity that defined its early days.

“We are a company that sells products that we use, have a passion for, and believe in,” the company says on its website. “We don’t just want you to buy our stuff. We want to share the experience with you.”

Their newest showroom in South Portland will carry forward that mission, offering high-end wellness products alongside knowledgeable staff, hands-on experiences, and a dedication to helping customers find relaxation at home.

Malone Commercial Brokers is excited to see Great Bay Spa & Sauna flourish in this well-known location and continue its expansion into the Maine market.

A creative new use for industrial space at 1 Industrial Way in Portland

What started as a one-man operation in a bedroom has grown into a fully outfitted production studio in Portland’s creative corridor. Powers Media House, founded by Mitchell Powers, has officially opened Studio120, a flexible, content-focused workspace built for photographers, videographers, podcasters and small business owners.

To bring the project to life, Powers leased 1,500± SF of industrial space at 1 Industrial Way. Mike Anderson of Malone Commercial Brokers brokered the transaction.

Studio120 occupies one half of a space formerly occupied by a local brewery. The space was converted back to two units with the other half now being home to Soma Metalwork, which moved in earlier this year and just celebrated their grand opening. The redevelopment reflects a continued demand for functional industrial space among local

makers and entrepreneurs. “We decided to market the space as either a single 3,000 SF unit or as two 1,500 SF units to cast the widest net possible to accommodate a variety of tenant’s needs”, said Mike Anderson, the broker from Malone Commercial Brokers who facilitated both transactions. “1 Industrial Way has been well-known as a local brewery hub for many years and the addition of Soma Metalwork and Studio120 is a great way to diversify the property yet still offer public-facing businesses that, in my opinion, mix well with the brewery scene.”

The studio is built to accommodate a wide range of production needs, featuring a 23-foot-wide, 12-foot-tall, and 15-foot-deep cyclorama wall, a turnkey podcast studio, and a variety of interchangeable backdrops. Powers plans to use the space for Powers Media House client work while also offering it as a rental studio for other creatives and agencies in Southern Maine.

“Ever since the beginning of this journey, I had a dream of owning a production studio that was built for the everyday content creator, production agencies, and local business owners to get in their content rain or shine,” said Powers. “This new studio space is a dream come true and has already made a positive impact on my business.” Powers explained how burdening overhead costs in the creative industry are and he wants to help local creatives and businesses combat that.

Powers came across the listing after seeing a Malone sign on the property. “My experience with Mike and the Malone group was great. One thing I really appreciated about Mike was his open communication and that he answered any questions or concerns in a timely manner.”

Studio120 is now open and booking. For more information, visit www.powershouseofmedia.com.

New Retail Spaces Available on Portland’s Eastern Waterfront

Portland’s Eastern Waterfront continues to evolve, and 110 Thames Street is at the center of it all. Malone Commercial Brokers is pleased to present two newly built commercial spaces now available for lease, offering a rare opportunity to join a growing neighborhood that blends the energy of Portland’s working waterfront with its creative momentum.

This brand-new, waterfront-facing building is already home to Sun Life and will soon welcome Bard Coffee, currently operating out of their nearby trailer located across from Twelve, as well as Douro, a new all-day seafood concept inspired by Portuguese coastal cuisine.

Located just steps from the Eastern Promenade, the Eastern Trail, and Portland’s active piers, this area sees consistent foot traffic from both locals and visitors. Whether it’s grabbing a coffee, enjoying the views, or heading to dinner, the neighborhood has become a go-to destination for both lifestyle and leisure.

The two available spaces, a 2,575± SF ground floor suite and a 5,772± SF plaza level suite, are well-suited for a variety of retail, restaurant, or service uses. With a clean, modern shell ready for build-out, tenants have the flexibility to tailor the space to their brand vision.

If you’re looking to establish your business in a highly visible, high-traffic location with proximity to some of the city’s most talked-about food and beverage concepts, this is your opportunity.

To learn more about leasing opportunities at 110 Thames Street, contact Peter Harrington, Joe Malone or Luke Malone.

Lakeside Lodge and Brewery for Sale Near Sugarloaf Maine

Malone Commercial Brokers is offering a rare opportunity to own a lakefront commercial property just 10 miles from Sugarloaf, one of Maine’s premier ski resorts. This boutique four-season lodge sits on 2.8± acres with 626± feet of shoreline on Flagstaff Lake in Eustis, Maine.

The hospitality property features a renovated 1800s barn that has been converted into a charming guest lodge with six to seven private suites, shared common areas, and direct access to the lake. Outdoor amenities include a large open lawn for events and weddings, a canoe and kayak dock, an outdoor fire pit, a 20-slip marina, and two float plane docks.

What sets this property apart is the that there is a fully equipped commercial kitchen and restaurant space with seating for 88 on the first floor. The restaurant space provides a strong on-site customer base and adds significant value to the property.

This commercial real estate listing is ideal for investors, hospitality groups, or owner-operators looking to enter the thriving Maine tourism market. The area is known for year-round recreation such as skiing, hiking, mountain biking, boating, fishing, and snowmobiling. With thousands of acres of surrounding public land and a steady stream of visitors throughout all four seasons, it’s a quintessential representation of Maine living.

Zoned for hospitality use, the property offers expansion potential for additional lodging units, cabins, or glamping accommodations. Its prime location, natural surroundings, and income-producing restaurant make this one of the most attractive investment properties currently available in Western Maine.

For more details or to schedule a showing, contact Cheri Bonawtiz, CCIM at Malone Commercial Brokers.