CARDENTE COMMERCIAL REAL ESTATE


FEATURED SALE
482 CONGRESS STREET Portland, Maine Cardente Real Estate is pleased to announce the sale of 482 Congress Street in Portland, Maine. The sale included a 52,610+/- square foot multi-tenanted office building and an adjacent parking lot. Located in Downtown Portland, this was a unique opportunity for an investor looking for a signature property with solid historical rental income. The property was purchased by Edmund & Wheeler in May of 2008 for $4.5 million dollars. This transaction was brokered on behalf of the seller, JB Brown & Sons, by Matthew Cardente of Cardente Real Estate.
RECENTLY SOLD PROPERTIES
40 MANSON LIBBY ROAD Scarborough, Maine Cardente Real Estate is pleased to announce that Olympus Asset Management has purchased 16,000+/- square feet of office space at 40 Manson Libby Road, Scarborough, ME. This transaction was brokered on behalf of the Buyer, Olympus Asset Management, by Greg Perry of Cardente Real Estate.
3 EASTVIEW PARKWAY Saco, Maine Cardente Real Estate is pleased to announce that Ira Hyundia, Inc has purchased a 9,844+/- square foot retail/office building located at 3 Eastview Parkway in Saco, Maine from Preston Properties, LLC. The transaction was brokered by Karen Rich & Greg Perry of Cardente Real Estate.

110 EXCHANGE STREET Portland, Maine Cardente Real Estate is pleased to announce that Salt, Inc. has sold their 13,305+/- square foot office/ retail property located in the Old Port at 110 Exchange Street, Portland. The Salt Institute for Documentary Studies has owned the property since 1999 and is in the process of finalizing their new Portland location. The property was sold for $1,375.000. This transaction was brokered on behalf of the Seller, Salt, Inc., by Michael Cardente of Cardente Real Estate.
786 ROOSEVELT TRAIL Windham, Maine Cardente Real Estate is pleased to announce that CNF, LLC has purchased the Mangino’s property located at 786 Roosevelt Trail in Windham, Maine. This 0.72 +/- acre site consists of a 1,410 +/- square foot restaurant/retail building and 5 rental cabins. This transaction was brokered on behalf of the sellers, the Manginos, by Matthew Cardente of Cardente Real Estate.
34 PORTLAND STREET Portland, Maine We are pleased to announce that Robert Ollvadoti has purchased 3,724+/-SF retail/office space at 34 Portland Street, Portland, Maine. This transaction was brokered on behalf of the Sellers, Running with Scissors by Greg Perry of Cardente Real Estate and the Buyer, Robert Ollvadoti by Matthew Cardente of Cardente Real Estate.
29 WASHINGTON AVENUE Scarborough, Maine We are pleased to announce that Pine Environmental has purchased a 13,000+/-SF industrial building located at 29 Washington Avenue in Scarborough. This transaction was brokered on behalf of the seller by Karen Rick and on behalf of the purchaser by Nathan DeLois, both of Cardente Real Estate.
198 DEERING AVENUE Portland, Maine Cardente Real Estate is pleased to announce that Caroline & Peter Paras have purchased a 3,781+/- SF multi unit apartment building from Mike & Ian Moss at 198 Deering Avenue, Portland. This transaction was brokered on behalf of the sellers by Matthew Cardente and Brian Giguere of Cardente Real Estate.
351 RIVERSIDE INDUSTRIAL PARKWAY Portland, Maine We are pleased to announce that GG Direct has purchased a 8,800+/- SF Industrial Building located at 351 Riverside Industrial Parkway in Portland, Maine. This transaction was brokered on behalf of the Seller by Nathan DeLois of Cardente Real Estate.
27 LANDRY STREET Biddeford, Maine We are pleased to announce that McMaq, LLC has purchased 27 Landry Street located in the Airport Industrial Park in Biddeford, Maine. This transaction was brokered on behalf of the Seller, PRE, LLC, by Greg Perry of Cardente Real Estate.
352 WARREN AVENUE, UNITS 7 & 8 Portland, Maine Cardente Real Estate is pleased to announce that AMG Investments, LLC has purchased Units 7 & 8 of 352 Warren Avenue in Portland, Maine. This 4,700 +/- square feet condominium will be used for office, showroom, and service space. This transaction was brokered on behalf of the Purchaser, AMG Investments, LLC, by Matthew Cardente of Cardente Real Estate.
209 WESTERN AVENUE South Portland, Maine The featured transaction of the month for November is the sale of 209 Western Avenue in South Portland. This 15,700+/- square foot multi-tenanted retail complex sold for $4.627 million dollars to REJ I, LLC. This retail strip center is only 1 year old and is tenanted by Costa Vida Mexican Restaurant; Maine Roasters Coffee; Subway; Snip-Its Children’s Hair Salon; Pom’s Thai Taste and American General Finance. The Seller of the property, Vincent Maietta of V&E Enterprises, built and developed this building along with the other properties in Western Avenue Crossing, which include Outback Steakhouse, Eggspectations and Ashley Furniture. The transaction was brokered by Karen Rich, of Cardente Real Estate.
15 DANIELLE DRIVE Windham, Maine Cardente Real Estate is pleased to announce that Art Ledue has purchased 2.54+/- Acres improved by a 6,000+/- Industrial Building at 15 Danielle Drive in Windham. This transaction was brokered on behalf of the Seller, RIC-MAR, Inc., by Nathan DeLois of Cardente Real Estate.
646 FOREST AVENUE Portland, Maine Cardente Real Estate is pleased to announce that Saad Albeshir has purchased 646 Forest Avenue, Portland, Maine. This 5,600 +/- square feet retail/mixed use property will be used as a restaurant / retail on the 1st floor and residential units on the second floor. This transaction was brokered on behalf of the Seller, Colin Greig, by Matthew Cardente & Greg Perry of Cardente Real Estate.
542 FOREST AVENUE Portland, Maine Cardente Real Estate is pleased to announce that 4,350+/- square feet of Retail/Warehouse space at 542 Forest Ave, Portland, Maine has been leased. This transaction was brokered on behalf of the Landlord, JB Brown & Sons, by Matthew Cardente and Nate DeLois of Cardente Real Estate.
SPARHAWK MILL 81 Bridge Street, Yarmouth 24,000+/- square feet office/flex with hydro facility
GORHAM INDUSTRIAL PARK 17 Laurence Road, Gorham Lot L1 1.1+/- acre lot
881 FOREST AVENUE Portland, Maine 15,360+/- square feet 22,000+/- average daily traffic count Perfict For Investors or Owner Users!
FEATURED LEASE
FODEN CORNER Western Avenue, South Portland, Maine Cardente Real Estate is pleased to announce that Andover College has leased Foden Corner, a 19,465+/- SF retail building located at the intersection of Foden and Western Avenue in South Portland, Maine. Andover College will be relocating their Portland campus here from its present location on Washington Avenue in Portland. This transaction was brokered on behalf of the Landlord by Karen Rich of Cardente Real Estate.
RECENTLY LEASED PROPERTIES
805 U.S. ROUTE ONE Yarmouth, Maine Cardente Real Estate is pleased to announce that Village Consignment has leased 1,600+/- square feet of retail space at 805 U.S. Route 1, Yarmouth. This transaction was brokered on behalf of the Landlord by Michael & Matthew Cardente.
805 U.S. ROUTE ONE Yarmouth, Maine Cardente Real Estate is pleased to announce that Island Treasure Toys has leased 1,600+/- square feet of retail space at 805 U.S. Route 1, Yarmouth. This transaction was brokered on behalf of the Landlord by Michael & Matthew Cardente.
50 DOWNEAST DRIVE Yarmouth, Maine Cardente Real Estate is pleased to announce that Winter People, Inc has leased 5,000+/- square feet of warehouse space at 50 Downeast Drive, Yarmouth, ME. This transaction was brokered on behalf of the Landlord by Greg Perry of Cardente Real Estate.
400 RIVERSIDE STREET Portland, Maine Cardente Real Estate is pleased to announce that Anco Custom Truck Accessories has leased 1,080+/- square feet of flex space at 400 Riverside Street in Portland, Maine. This transaction was brokered on behalf of the Landlord by Nathan DeLois of Cardente Real Estate.
189 MAIN STREET Yarmouth, Maine Cardente Real Estate is pleased to announce that Hair Design by Dana has leased 550 +/- square feet of studio space at 189 Main Street, Yarmouth for a hair salon. This transaction was brokered on behalf of the Landlord, 189 Main Street Associates, by Michael & Matthew Cardente of Cardente Real Estate.
219 ANDERSON STREET Portland, Maine Cardente Real Estate is pleased to announce that Cincinnati Time Bank of Maine has leased 2,650+/- square feet of Industrial space at 219 Anderson Street in Portland. This transaction was brokered on behalf of the Landlord by Michael Cardente of Cardente Real Estate.
121 HUTCHINS DRIVE Portland, Maine Cardente Real Estate is pleased to announce that Fortune Incorporated has leased a 13,340+/- square foot Industrial building located at 121 Hutchins Drive in Portland, Maine. This transaction was brokered by Michael Cardente.
980 FOREST AVENUE Portland, Maine Cardente Real Estate is pleased to announce that O’Naturals has leased 1,800+/- square feet of office space at 980 Forest Avenue, Portland. This transaction was brokered on behalf of the Landlord by Michael Cardente and on behalf of the Tenant by Brian Giguere.
980 FOREST AVENUE Portland, Maine Cardente Real Estate is pleased to announce that New England Organ Bank has leased 1,011+/- square feet of office space at 980 Forest Avenue, Portland. This transaction was brokered on behalf of the Landlord by Michael Cardente and on behalf of the Tenant by Brian Giguere.
296 ST JOHN STREET Portland, Maine Cardente Real Estate is pleased to announce that Happy Nail Salon & Spa has leased 1,543+/-SF of retail space at Union Station Plaza located at 296 St. John Street in Portland, Maine. This transaction was brokered on behalf of the Landlord, Union Station Limited Partnership by Matthew Cardente & Brian Giguere of Cardente Real Estate.
273 PAYNE ROAD Scarborough, Maine Cardente Real Estate is pleased to announce that America’s Mattress & Furniture has leased 4,284+/- square feet of retail space at First Look Plaza at 273 Payne Road in Scarborough. This transaction was brokered on behalf of the Tenant by Nathan DeLois of Cardente Real Estate.
219 ANDERSON STREET Portland, Maine Cardente Real Estate is pleased to announce that J. Meade Design has leased 1,740+/-SF of industrial space at 219 Anderson Street in Portland. This transaction was brokered on behalf of the Landlord by Michael Cardente and Brian Giguere.
219 ANDERSON STREET Portland, Maine Cardente Real Estate is pleased to announce that Light Effects by Pandora has leased 1,846+/-SF of industrial space at 219 Anderson Street in Portland. This transaction was brokered on behalf of the Landlord by Michael Cardente & Brian Giguere.
219 ANDERSON STREET Portland, Maine Cardente Real Estate is pleased to announce that Wiedmann Sculpture Studios has leased 1,300+/-SF of industrial space at 219 Anderson Street in Portland. This transaction was brokered on behalf of the Landlord by Michael Cardente and Brian Giguere.
81 WEST COMMERCIAL STREET Portland, Maine Cardente Real Estate is pleased to announce that Affordable Office Resources has leased 1,775 square feet of showroom space at 81 West Commercial Street, Portland, Maine . This transaction was brokered on behalf of the Landlord, JB Brown & Sons, by Matthew Cardente of Cardente Real Estate.
1 MONUMENT WAY Portland, Maine Cardente Real Estate is pleased to announce that MYK, LLC has leased 2,200+/- square feet of restaurant space (plus basement area for storage/prep area) at One Monument Way, Portland, Maine (Former Foley’s Bakery). This transaction was brokered on behalf of the Landlord by, One Monument Way, LLC, by Matthew Cardente.
54 COVE STREET Portland, Maine Cardente Real Estate is pleased to announce that Running with Scissors, LLC has leased 4,379+/-SF of Mixed Use space at 54 Cove Street in Portland, ME 04101. This transaction was brokered on behalf of Running with Scissors by Greg Perry.
1 MONUMENT WAY Portland, Maine Cardente Real Estate is pleased to announce that World Arts and Culture Center has leased 1,300+/- square feet of retail space at the Portland Match Company Building located at 81 West Commercial Street in Portland, Maine. This transaction was brokered on behalf of the landlord, JB Brown & Sons by Matthew Cardente of Cardente Real Estate.
1 MONUMENT WAY Portland, Maine Cardente Real Estate is pleased to announce that Leslie Evans has leased 2,350+/-square feet of office space at the Portland Match Co. Building on West Commercial Street in Portland. This transaction was brokered on behalf of the Landlord by Matthew Cardente of Cardente Real Estate.
321 ELM STREET Biddeford, Maine Cardente Real Estate is pleased to announce that Liberty Tax of Biddeford has subleased 1,908 +/- square feet of retail space at 321 Elm Street, Biddeford. This transaction was brokered on behalf of the Tenant by Matthew Cardente of Cardente Real Estate.
15 SAUNDERS WAY Portland, Maine Cardente Real Estate is pleased to announce that Maine Expedited Freight Services has leased 6,080+/- square feet of Industrial space at 15 Saunders Way in Westbrook, Maine. This transaction was brokered on behalf of the Landlord by Drew Sigfridson of CBRE/The Boulos Company and on behalf of the Tenant by Nathan DeLois of Cardente Real Estate.
SCARBOROUGH CROSSING 91 County Road, Scarborough, Maine Cardente Real Estate is pleased to announce that a Subway franchise has leased 2,000 SF of space next to the Dunkin Donuts at Scarborough Crossing which is located at 91 County Road, Scarborough, Maine. This transaction was brokered on behalf of the Landlord, by Karen Rich of Cardente Real Estate.
725 BROADWAY South Portland, Maine Cardente Real Estate is pleased to announce that Beale Street Barbeque has leased 5,000+/- square feet of space at 725 Broadway, South Portland. They opened at this new South Portland location in January, 2008. This transaction was brokered on behalf of the Landlord, LBM Associates, Inc. by Karen Rich of Cardente Real Estate.
3 EASTVIEW PARKWAY Saco, Maine Cardente Real Estate is pleased to announce that Madeline’s Hair Replacement has leased 2,237+/- SF of office space at 3 Eastview Parkway in Saco. This transaction was brokered on behalf of the Landlord by Karen Rich of Cardente Real Estate.
189 MAIN STREET Yarmouth, Maine Cardente Real Estate is pleased to announce that Nan Gurley Antique Shows has leased 2,600+/- square feet of retail space at Masonic Hall at 189 Main Street, Yarmouth, Maine from 189 Main Street Associates, LLC. This transaction was brokered by Matthew and Michael Cardente of Cardente Real Estate.
174 SOUTH FREEPORT ROAD Freeport, Maine Cardente Real Estate is pleased to announce that EBM, Inc has leased 2,150+/- square feet of office space at 174 South Freeport Road, Freeport. This transaction was brokered on behalf of Custom Property Development by Greg Perry of Cardente Real Estate.==-==-
10 FOREST FALLS DRIVE Freeport, Maine Cardente Real Estate is pleased to announce that Petscripts Pharmacy has leased 1,300+/- square feet of office space at 10 Forest Falls Drive, Yarmouth, Maine. This transaction was brokered on behalf of the Landlord, Kent Hilton, Jr. & Candace H. Smith and by Matthew & Michael Cardente of Cardente Real Estate.
104 PLEASANT STREET Brunswick, Maine Cardente Real Estate is pleased to announce that Dunkin Donuts has leased 1,800+/- square feet of new construction, build-to-suit drive-thru restaurant space at 104 Pleasant Street in Brunswick, ME. This transaction was brokered on behalf of the Landlord by Nathan DeLois and Matthew Cardente of Cardente Real Estate.
500 FOREST AVENUE Portland, Maine Cardente Real Estate is pleased to announce that Mr. Signs has leased 1,470 +/- square feet of retail space at 500 Forest Avenue in Portland, Maine. This transaction was brokered on behalf of the Tenant, Mr. Signs, by Matthew Cardente of Cardente Real Estate.
10 FOREST FALLS DRIVE Freeport, Maine Cardente Real Estate is pleased to announce that YES Marketing Group has leased 1,200+/- square feet of office space at 10 Forest Falls Drive, Yarmouth, Maine. This transaction was brokered on behalf of the Landlord, Kent Hilton Jr. & Candace H. Smith, by Michael & Matthew Cardente of Cardente Real Estate.
1 MONUMENT WAY Portland, Maine Cardente Real Estate is pleased to announce that Resource Systems Group, Inc. has leased office space from One Monument Way LLC at One Monument Way, Portland. This transaction was brokered by Brian Giguere and Matthew Cardente of Cardente Real Estate.
6 LINCOLN AVENUE Scarborough, Maine Cardente Real Estate is pleased to announce that Carrier Corporation leased 20,200+/- square feet of showroom/warehouse space. This transaction was brokered on behalf of the Landlord by Greg Perry.
126 MAIN STREET Topsham, Maine Cardente Real Estate is pleased to announce that Mullen’s Driving School has leased 800+/- square feet of classroom space at 126 Main Street in Topsham, ME. This transaction was brokered on behalf of the Landlord by Nathan DeLois and Matthew Cardente of Cardente Real Estate.