Latest News + Transactions — Maine Commercial Real Estate

Pete Harrington Awarded Maine Commercial Association’s 2022 REALTOR® of the Year

Malone Commercial Brokers (MCB) is pleased to announce that MCB’s Pete Harrington has been honored with the Maine Commercial Association 2022 REALTOR® of the Year Award.

Pete Harrington of Malone Commercial Brokers

Peter “Pete” Harrington, Partner and Associate Broker at MCB, has been a leading retail leasing and sales expert of commercial property in the Greater Portland area since 1991. Pete’s lifelong real estate career includes office, retail, and industrial leasing and sales as well as multifamily and investment sales in Portland’s Historic Old Port, downtown, the Arts District and all throughout Maine.

In 2022 alone, Pete placed top tenants Harbor Fish, Rosemont Market, Burano’s Woodfired Pizzeria, Raise Playspace, Stretch Lab, and Maniac Community Fitness in the repurposed Scarborough fire station complex known as Firehouse Village and brokered sales transactions including 30 Exchange St for $2.4M up to 100 Foden Rd medical complex for $30M.

His passion for his work has led Pete to many positions within industry organizations over his lifetime career as a commercial broker in Maine. In addition to the commercial sector, Pete has broken barriers by becoming the first commercial broker to be elected to several real estate organizations made up primarily of residential professionals.

Malone Commercial Brokers is proud to celebrate Pete along with our fellow industry professionals. MCAR will honor Pete on Tuesday, September 13th at the MCAR Annual Charity Golf Tournament’s happy hour immediately following the tournament.

For more information, contact Molly McGuire at molly@malonecb.com

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MCB Selected as Finalist in the 2022 Maine Family Business Awards

Malone Commercial Brokers is delighted to announce that we have been selected as a finalist in the 22nd annual Maine Family Business Awards presented by the Institute for Family-Owned Business (IFOB). According to Catherine Wygant Fossett, IFOB's executive director. “Since the Maine Family Business Awards were started in 2000, we have recognized more than 106 family-owned businesses for their excellence.” This year’s award winners will be presented at a gala on October 12, 2022.

Click HERE for the MaineBiz announcement and the full list of finalists.

Learn more about IFOB and the awards on their website, HERE.

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Native Mainer Purchases Retail Space at 383 Commercial Street for Further Expansion of Dental Practice

Dentist Benjamin Lawlor of Maine purchased two units at Hobson’s Landing in the Old Port for the expansion of his dental practice, Maine Dentistry.

With three established locations in Maine, Lawlor plans to expand their services with this additional modern location in the heart of the Old Port with a planned $1M+ interior buildout of the space. Joe Malone, Jennifer Small and Mark Malone of Malone Commercial Brokers brokered the $1,046,100 transaction.

To read the full article from MaineBiz, click HERE.

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