CBRE | The Boulos Company Completes Largest Investment Sale of 2009
Thursday, July 30th, 2009The Boulos Company secured the Buyer, L.E. Springer, Inc. and represented the Seller, GRE Congress Canal, LLC , in a transaction that included The Maine Bank & Trust building at 465 Congress Street and the Public Market Garage at 315 Cumberland Avenue, in Portland.. L.E Springer, Inc. is wholly owned by Lawrence E. Springer of Bangor, ME and has long history of real estate ownership in Maine.
The 465 Congress Street ten-story office building is an historic landmark featuring unique marble architectural details and a stunning first-floor banking lobby. Current tenants in the 67,567± square-foot building include; Maine Bank & Trust, MaineHealth and MaineHealth Associates, Applied Materials, Compass Health Analytics, Cloutier Barret Cloutier & Conley, Richardson Whitman Large and Badger, and Legg Mason Wood & Walker.
The Public Market Garage at 315 Cumberland Avenue is connected by skybridge to the former Portland Public Market, which is currently being renovated into offices for its new owner, PowerPay, LLC.