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 !