Fishman News
6 COMMERCIAL SALES & 3 LEASE RENEWALS ON WARREN AVE
Published: Jan 19th, 2011 by Marc R. Fishman
Marc Fishman of Fishman Realty Group is pleased to announce the sale of 6 commercial properties and 3 commercial lease extensions on Warren Avenue in Portland, Maine.
Heavily trafficked Warren Avenue offers high visibility for business owners with convenient access to both I-295 and I-95. Additionally, this route funnels directly into City Portland and Westbrook business districts making it the perfect location for service providers. The increase in closing transactions in this location indicates the Greater Portland Commercial Real Estate market is strengthening compared to the lull of recent years.
Marc R. Fishman brokered the sale of 314 Warren Avenue in Portland, Maine acting as seller representative. The owner SB Properties of Portland, Maine sold this unique 4,132 square foot investment property to Alpine Realty Group of Portland, Maine. Fishman will be offering 2,332 square feet of this space for lease (Available Immediately) complete with two (2) overhead doors, retail showroom, kitchen and offices. The space includes a large backlit marquee street side sign for the Tenant’s use.
SB Properties, represented by Marc Fishman, also sold 233 Warren Avenue, a highly visible building lot and garage. This location has preliminary approvals for a 2,300 square foot retail flex building with frontage on both Warren Avenue and Hicks Street. This property offers a variety of uses and options for a buyer or tenant as it is in the B-4 Commercial Business Zone.
Marc Fishman facilitated the sale of 320-324 Warren Avenue as a seller representative. Castle Rock Investments, LLC purchased this 8,277 square foot retail/service building and single family house from SB Properties. The two properties are comprised of multi tenanted space and feature a highly visible service space with several overhead doors and service bays.
Marc Fishman negotiated the 3 lease renewals on behalf of the Buyer Castle Rock Investments, LLC at 324 Warren Avenue for Bay City Motors, Unique Auto and Connell Diesel, Inc. who currently occupy the building and just extended their leases for a total of a 6,625 square foot lease.
Additional commercial properties recently sold by SB Properties, brokered by Marc Fishman of Fishman Realty Group were 313 Warren Avenue (2,100 square foot investment property) and 336 Warren Avenue (5,255 square foot retail/ service property) in Portland, Maine.
Should you have any questions about one of these transactions or are interested in finding space on Warren Avenue in Portland, Maine please contact Marc Fishman of Fishman Realty Group at 207-775-6561 x 202 or Marc@FishmanRealty.com.
314 WARREN AVENUE
313 WARREN AVENUE
336 WARREN AVENUE
