Historic Augusta Office Building Transfers To New Owners

One Weston Court, the historic Augusta landmark that once housed Vickery & Hill Publishing beginning in 1879, has changed ownership once again. The 43,637± SF office building is located downtown across from the courthouse complex, and has easy access to the State government campus as well. Many renovations and upgrades had been done since it was last purchased in 2019, and the building is used as offices for both public and private sector tenants across three floors.

Sold to Weston Leasing, LLC by Griffle, LLC dba Vickery Hill, LLC for $1,800,000. Mark Malone and Nick Malone of Malone Commercial Brokers (representing the Seller) and Alex Pirleci of Keller Williams Commercial (representing the Buyer) brokered the transaction, which closed December 19, 2025.

New Retailer Steps Into Iconic Kennebunkport Location

30 Ocean Avenue, Kennebunkport, a landmark retail property with a residential apartment on the second floor, was recently sold. Formerly home to Carla’s Closet, a women’s boutique in business since 1974, the 1,980± SF building’s outstanding location is getting a second act. Frances Elle, a luxury resale boutique, had a soft launch this past November, and plans for a Grand Opening in May, 2026. Karen Rich of Malone Commercial Brokers represented the sellers, and Heidi Maynard of Pack Maynard Real Estate represented the buyers in the transaction, which closed October 24, 2025.

UNE Purchase Secures Site of Marine Science Program

University Of New England has purchased a 0.5± AC lot at 26 Reserved Lane, Biddeford. The property, located on the shore of Hills Beach, is adjacent to the Arthur P. Girard Marine Science Center, the home of UNE’s marine science program. This acquisition by the University secures the marine sciences research marina for the future. John Doyon, CCIM, of Malone Commercial Brokers represented the buyer and Joey Radford of Oceanview Properties represented the seller in the transaction, which closed December 13, 2025 for $1,120,000.

PopUp Bagels Debuts in Maine at Old Port Square

PopUp Bagels has officially opened at Old Port Square, marking the brand’s first Maine location. The Connecticut-based concept, known for its award-winning bagels and growing New England presence, has opened in a 1,350± SF space at 210 Middle Street under a 10-year lease.

The highly visible, curvilinear building features an open-concept interior, floor-to-ceiling glass, and outdoor seating designed to complement the pedestrian scale of the Old Port. The lease was brokered by Joe and Luke Malone of Malone Commercial Brokers and Peter Gwilym of Porta & Company.

PopUp Bagels adds momentum to the continued reinvestment and activation of Old Port Square, a four-acre block undergoing a broader transformation into a vibrant urban destination for locals, workers, and visitors alike.

Click HERE to read more about the deal!

Portland Museum of Art Expands Campus with Major Free Street Acquisition

The Portland Museum of Art is expanding its campus with the purchase of four adjoining properties on Free Street, including MaineHealth’s former administrative building and several nearby parking lots. The deal gives the museum control of nearly an entire city block in Portland’s Arts District, strengthening its long-term plans for growth and improved visitor access.

The properties at 110, 120, 128, and 130 Free Street add both building space and valuable downtown parking capacity. PMA plans to relocate its administrative offices to 110 Free Street, allowing more room for gallery space and visitor services within its main campus. The transaction also includes approximately 140 parking spaces, which will support museum programming and increase convenience for guests.

These purchases are part of PMA’s larger “Blueprint” initiative, a $100 million project focused on integrating and modernizing its campus. MaineHealth will continue to occupy the Free Street building for the next two years while the museum begins its phased planning for future use.

A notable investment in the city’s cultural and commercial landscape, this purchase reinforces the Arts District as a hub for creative, community-focused development.

The deal was brokered by Joe Malone, Mark Malone, Luke Malone and Nick Malone of Malone Commercial Brokers.

Read more about this major sale HERE !

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.

Joe Malone and 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