One of the largest real estate deals in Portland’s history closed this week, with the $66 million sale of One and Two Portland Square to a New York City investment group. North River Co., a New York City based commercial real estate development firm and an affiliate of Waterfront Maine, bought the two buildings and their parking lots which together cover 7 acres of downtown property, according to a release from CBRE | The Boulos Co., the real estate company that brokered the deal. “This particular property is significant not only because of its location, quality and size,” said Boulos’ Drew Sigfridson, who was the buyer’s adviser in the deal, in the release.

Sections:  u.s.   
Topics:  Maine   Cumberland County   Portland   
BING NEWS:
  • 99-year-old Portland company that gives modern high-rises their shine sold
    Benson Industries, a nearly century-old Portland company that supplies the glassy exteriors for buildings, was sold to an Italian firm for an undisclosed sum. Permasteelisa Group on Tuesday said it ...
    01/8/2025 - 8:17 am | View Link
  • Hawaii-based firm acquires three Central Eastside buildings
    A Hawaii-based real estate investment firm is affirming its commitment to Portland after acquiring three Central Eastside buildings at the end of December.
    01/8/2025 - 1:51 am | View Link
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