Malone Commercial Brokers Completes Sale of 260 Western Avenue in South Portland

Malone Commercial Brokers recently completed the sale of 260 Western Avenue, an 8,474± SF office/mixed-use building situated on 1.56± acres in South Portland. The property sold for $1,137,500 to RCCG The Teachers House Parish Inc.

The property features 306± feet of frontage on Western Avenue, 65± paved parking spaces and a mix of professional and healthcare-related tenants, including StonyCreek Psychotherapy & Wellness, KLD Associates, Inc. and Comprehensive Collaborative Care. The property is located near the Maine Mall and Portland Jetport, with convenient access to I-95 and I-295.

Mark Malone and Nick Malone of Malone Commercial Brokers represented the seller, while Richard Reynolds

of Home Sweet Maine/Keller Williams Realty represented the buyer. The transaction closed on September 4,

2026.

Rosemont Market & Bakery Expands Its Yarmouth Footprint

Courtesy of Rosemont’s Facebook Page

Rosemont Market & Bakery is getting a little more room to do what it does best.

Malone Commercial Brokers recently facilitated Rosemont’s move to 108 Main Street in Yarmouth, with Joe Malone and Luke Malone representing Rosemont. The move keeps Rosemont right in the heart of Yarmouth, just across the street from its current location at 96 Main Street, while giving the business more space and on-site parking.

Rosemont has been a part of the Yarmouth community for nearly two decades, and the new location offers an opportunity to build on that history without going far. The new space will provide approximately 50% more retail space than the market’s current location, creating room for Rosemont to expand its offerings and better serve its customers.

For a local business with a rich history in the community, finding the right next location is about more than square footage. Rosemont knew they had room to expand while still staying connected to the customers, businesses and neighborhood that have helped make the business what it is.

The new Yarmouth location is expected to open in early 2027. We’re glad to have played a part in helping Rosemont find its next chapter in Yarmouth.

Rolling Fatties: A Kingfield Favorite Ready for Its Next Chapter

For more than a dozen years, Rolling Fatties has been serving up burritos, bowls, Maine craft beer and plenty of personality from its home on Main Street in Kingfield. Now, this well-established restaurant and the real estate at 268 Main Street are being offered for sale, creating an opportunity for a new owner to take the reins of a business that has become part of the fabric of the community.

Rolling Fatties was built around a simple idea: good food, locally sourced ingredients and a welcoming place to gather. That concept has grown into an established restaurant operation serving both the Kingfield community and the steady stream of visitors headed to the High Peaks and Sugarloaf. The restaurant offers dine-in and takeout service, with approximately 40 indoor seats and another 30 outdoor seats during the warmer months. There is also the seasonal Sniki Bar, adding an outdoor bar and gathering space to the property.

And then there’s the location.

268 Main Street sits in the heart of Kingfield, with Sugarloaf Mountain approximately 20 minutes away. The surrounding region draws visitors year-round for skiing, golfing, mountain biking, hiking and other outdoor recreation, giving the business a customer base that extends well beyond the immediate community.

For a buyer, the opportunity is equally compelling from an operational standpoint. The restaurant is being offered as a turnkey operation, with the furniture, fixtures and equipment necessary to continue the business included in the sale. The current owners operate on a limited schedule of approximately 26 hours per week, leaving potential for a new owner to explore expanded hours and additional sales opportunities.

The offering can also be structured around what makes the most sense for the buyer. Rolling Fatties may be purchased independently or together with the underlying real estate. The 3,181± SF building includes restaurant and bar space, commercial kitchen facilities, one bathroom and a second-floor one-bedroom, one-bath living space. The property also includes 12± on-site parking spaces, an additional outbuilding and outdoor seating areas.

There are a few other possibilities worth noting. The iconic 1974 Airstream Argosy food truck, which has been used for festivals and special events around Maine, may also be available. For an owner interested in expanding beyond the four walls of the restaurant, it offers another way to bring the Rolling Fatties concept to events and other locations.

For someone looking to step into an operating restaurant rather than start from scratch, Rolling Fatties offers a rare combination of an established brand, an existing customer base, a fully equipped restaurant, a highly recognizable Maine setting and the option to acquire the real estate as well.

Rolling Fatties and 268 Main Street are offered for sale by Malone Commercial Brokers. The business is offered at a starting price of $375,000, depending on options, and the real estate is offered at $550,000. Financial information is available to qualified buyers with a signed NDA.

To read more from the owners themselves, click HERE.

To learn more, contact John F. Doyon, CCIM at Malone Commercial Brokers at 207-772-8399 or John@malonecb.com.

Strategic 1031 Exchange Leads to Successful Office Building Sale in Oakland

Not every commercial real estate transaction is just about selling a property. Often, it's about positioning an owner for what's next.

We're pleased to announce the sale of an 11,760± SF office building in Oakland, Maine. The property sold to Sn'P Properties, LLC for $2,150,000. Mike Anderson of Malone Commercial Brokers represented the seller, Maine Exchange Services, LLC as Qualified Intermediary for Sims, LLC, while Emily Theriault of Portside Real Estate represented the buyer. The transaction closed on May 18, 2026.

This sale was part of a larger investment strategy utilizing a 1031 tax-deferred exchange. By reinvesting the proceeds into a replacement property, the seller was able to defer capital gains taxes while transitioning into an investment that better aligned with their long-term goals.

In this case, the exchange allowed the owner to move from a multi-tenant office building that required active management into a net leased Dollar General property, providing steady cash flow with significantly less day-to-day oversight. It's a great example of how thoughtful planning can help investors reshape their portfolios without sacrificing performance.

At Malone Commercial Brokers, we work with clients to look beyond the transaction itself. Whether it's identifying replacement properties, coordinating a 1031 exchange, or developing a long-term investment strategy, our goal is to help clients make decisions that support their financial objectives for years to come.

Congratulations to everyone involved in another successful closing.

After 150 Years With the Same Owner, Historic West End Property at 87 High Street Sells for $2.5 Million

Some buildings become part of a neighborhood's identity, and 87 High Street is one of them. After serving Portland families as a daycare and preschool for many years, the historic West End property has sold and is slated for a new future as a boutique hotel.

The 13,248± square foot commercial building was purchased by Lafayette Club LLC from Saint Elizabeth's Roman Catholic Asylum for $2,500,000. Joe Malone, CCIM, and Luke Malone of Malone Commercial Brokers brokered the transaction, which closed on June 23, 2026.

Originally constructed in 1873, the brick building has remained a familiar presence in Portland's West End for more than 150 years. Its historic architecture, highly visible corner location, and redevelopment potential made it one of the more unique opportunities to come to market in the city. Located within the RN4 zoning district, the property offered flexibility for a range of future uses while preserving the character that has long defined the neighborhood.

The Buyer plans to transform the former daycare into a boutique hotel, bringing a new hospitality option to one of Portland's most walkable neighborhoods. As visitors continue to seek authentic places to stay, projects like this highlight the value of reimagining historic buildings while maintaining the architectural character that makes Portland unique.

Historic redevelopment opportunities in Portland remain limited, particularly in established neighborhoods like the West End. Transactions like this demonstrate the continued demand for well-located properties that offer both history and the potential for a new vision.

Malone Commercial Brokers was proud to represent the Seller in the successful sale of this landmark property and wishes both parties continued success as the project moves forward.

Malone Commercial Brokers Completes $7.5 Million Sale of Stroudwater Crossing

Malone Commercial Brokers is pleased to announce the successful sale of Stroudwater Crossing, a 32,134± square foot Class A office building located at 1685 Congress Street in Portland, Maine. The property sold to WR Realty for $7,500,000 and closed on June 30, 2026.

John Doyon of Malone Commercial Brokers represented the seller, 1685 Congress Street LLC, while Charles Day of The Porta & Company represented the buyer.

Located in Portland's Stroudwater neighborhood, the fully leased office building has established itself as a premier destination for medical and professional office users. At the time of the sale, the property was 100% occupied by a strong roster of long-term, triple-net tenants, including Maine Plastic Surgery Center, several national healthcare companies, a regional medical consulting firm, and a local medical group.

Over the past several years, ownership invested significantly in maintaining and improving the asset. Recent capital improvements included multiple HVAC unit replacements, a new rubber membrane roof, a rooftop make-up air handler and heater, and updated life safety systems. In addition, two tenant spaces were completely built out in late 2025, further enhancing the property's long-term value and appeal.

On an 8.92± acre site, Stroudwater Crossing offers approximately 160 parking spaces, providing an exceptional parking ratio for tenants and visitors. Its location offers convenient access to Portland International Jetport, Interstate 95, Interstate 295, the Maine Mall area, and downtown Portland, making it an attractive location for healthcare and professional office users.

"There is continued investor confidence in well-maintained, fully leased medical office properties throughout Greater Portland," said John Doyon. "Stroudwater Crossing is an outstanding asset with a strong tenant base, quality ownership history, and a location that continues to attract long-term demand."

Congratulations to both the buyer and seller on a successful transaction and we appreciate the opportunity to assist in bringing this sale to a successful close.

Malone Commercial Brokers Represents Seller in $14.5 Million Sale of Five-Building Industrial Portfolio

Malone Commercial Brokers is pleased to announce the successful sale of a five-building industrial portfolio located in Portland, Auburn, and Bangor. Capital Properties, LLC sold the portfolio to SwingPoint, LLC for $14,500,000 in a transaction that closed on April 2, 2026.

Brandon Mitchell of Malone Commercial Brokers represented the seller, while Jon Rizzo of The Boulos Company represented the buyer.

The portfolio includes properties at 392, 400, and 420 Warren Avenue in Portland, 80 Kittyhawk Avenue in Auburn, and 35 Godsoe Road in Bangor. Together, the five buildings total approximately 152,757 square feet on more than 12 acres and are fully leased to a single credit tenant. Located near Interstate 95, the properties provide efficient distribution access to Southern, Central, and Northern Maine.

The portfolio consists of a diverse mix of warehouse, office, showroom, and cold storage space, making it a valuable industrial asset with long-term functionality. The combination of stable tenancy, locations, and opportunities for future improvements attracted strong investor interest.

This transaction also marks Brandon Mitchell's second time representing Capital Properties, LLC in the ownership of this portfolio. After assisting with the firm's acquisition of the properties in 2023, Brandon was again selected to represent the ownership in the successful disposition just under three years later.

Industrial properties throughout Maine continue to see strong demand from investors seeking well-located assets with dependable income and long-term upside. Multi-market portfolios of this scale remain relatively uncommon, making this sale a notable investment transaction within the state's industrial market.

Congratulations to Capital Properties, LLC, SwingPoint, LLC, and everyone involved in bringing this transaction to a successful close.

Read MaineBiz Article HERE.

Downtown Biddeford Portfolio Sold for $7.1 Million

Commercial real estate transactions don't always follow a traditional path.

In downtown Biddeford, a portfolio consisting of 180 Main Street, 234 Main Street, 265 Main Street, and 14 Jefferson Street recently sold to Fournier Properties for $7,100,000. The portfolio includes 44,445± square feet of commercial and residential space along with a 31-space parking lot.

Brandon Mitchell of Malone Commercial Brokers represented the transaction, which closed on June 9, 2026.

What makes this sale particularly interesting is how it came together.

Rather than purchasing the properties outright from the beginning, Fournier Properties entered into a lease-to-purchase agreement with 4A Property, LLC. Over time, that arrangement allowed the company to transition from managing the portfolio to ultimately owning it.

A lease-to-purchase agreement is exactly what it sounds like. A buyer leases and operates a property while securing the option to purchase it in the future. It can be an effective solution when both parties are looking for flexibility and a gradual transition of ownership.

In this case, it provided the opportunity for the future owner to gain firsthand knowledge of the buildings, tenants, and day-to-day operations before completing the acquisition. The buildings contain a diverse mix of retail, office, residential, and service-oriented tenants, creating activity throughout the day.

"Downtown Biddeford has changed tremendously over the last decade, and it's been exciting to watch these properties grow alongside the city," said Mitchell. "I think Fournier Properties recognizes the long-term opportunity that comes with owning well-located assets in the center of downtown."

Located within walking distance of restaurants, shops, housing, and community amenities, the properties have remained active and well occupied while preserving the historic character that makes downtown Biddeford, a former mill town, unique.

Creative deal structures can help bridge the gap between buyers and sellers, creating opportunities that may not have been possible through a conventional sale. We’re always happy to walk you through your options!

Casco Bay EyeCare Completes Construction at New Location

Construction is now complete at Casco Bay EyeCare’s new Scarborough location, reflecting the steady growth the practice has experienced in recent years.

Casco Bay EyeCare began in 1998 when a group of Maine optometrists came together with a shared commitment to exceptional vision care and patient service in the Greater Portland area.

After several years at 7 Portland Farms Road, the Scarborough office had reached its capacity. The layout no longer aligned with the practice’s operational goals, prompting a search for a new location that would allow for continued growth while remaining rooted in the community they serve.

Amy McQuarrie, Practice Administrator of Casco Bay EyeCare, led the transition on behalf of the practice, working closely with all parties to ensure the new space would support both patient experience and long-term operational goals.

Andrew Ingalls of Malone Commercial Brokers represented Casco Bay EyeCare in the transaction. Having partnered with the group on multiple locations throughout the region, Andrew brought both long-term market insight and a deep understanding of their operational needs. “Casco Bay EyeCare has been intentional about each phase of their growth,” said Andrew. “Our role was to find a property that not only solves today’s space challenges but also positions them well for the future. It’s been rewarding to work alongside a team so focused on delivering an exceptional patient experience."

Casco Bay Eyecare worked collaboratively with the building owner, Oak Hill Holdings LLC, and the leadership team at Alpha Management throughout the process to support the extensive buildout and Casco Bay’s plans for long term tenancy.

The new office is designed to be bright, open, and welcoming. A large portion of the building features floor to ceiling windows, bringing in natural light and drawing attention to the optical retail area and frame collections. The design was led by Callender + Delaney Architects, with construction managed by DeStefano & Associates. The project was completed in early May.

For the Casco Bay EyeCare team, the new space represents more than additional square footage. As they shared:

“We feel incredibly excited and proud of what this new space represents for Casco Bay EyeCare. It reflects our commitment to growth and to delivering the best possible experience for our patients. This move allows us to care for our community in a more thoughtful, comfortable, and efficient way while staying true to who we are,” said Ms. McQuarrie.

At Malone Commercial Brokers, supporting established Maine businesses as they plan for what’s next is part of the mission. When a company outgrows its space, it signals momentum and vision. Securing the right environment to continue that growth sets the stage for continued success.

Northern Light Mercy Hospital Expands at Rock Row Health Campus in Westbrook

Rock Row Health Campus

Rock Row continues to grow as a healthcare destination in southern Maine, with Northern Light Mercy Hospital planning an expansion at the Rock Row Health Campus in Westbrook.

The hospital has leased approximately 10,408± square feet on the second floor, where it will bring together primary care and cardiology services in one location. The space will also include on-site echocardiography and cardiac stress testing, making it easier for patients to access multiple services without traveling between providers.

“Our goal is to make care more accessible and better connected for the people we serve,” said Marie Vienneau, President of Northern Light Mercy Hospital. “For many patients, especially those managing heart conditions, care doesn’t happen in just one place. Bringing primary care and cardiology services together at Rock Row means fewer trips, better coordination, and care that fits more easily into people’s lives.”

Located just off I-95 with access from two exits, Rock Row continues to attract healthcare providers serving Greater Portland and the surrounding area.

“Welcoming Northern Light Mercy Hospital to Rock Row strengthens the synergy of our health campus and advances our vision of a more connected, patient-centered care environment,” said Josh Levy, Principal of Waterstone Properties Group.

The new location is expected to open in 2027.

Mark Malone and Jennifer Small of Malone Commercial Brokers facilitated the transaction.

Read more HERE!