Latest News + Transactions — Maine Commercial Real Estate

MCB Welcomes New Team Member: Alexia Fornaro

MCB is excited to introduce you to the latest addition to our dynamic team: Alexia Fornaro. With a Bachelor of Science degree in Early Childhood Special Education from the University of Maine at Farmington and a background in financial administration at a global corporation, Alexia brings a unique blend of skills and a passion for fostering interpersonal connections to her new role at MCB.

Alexia's academic and professional journey reflects her commitment to excellence and versatility. Her ability to maintain composure in complex situations, honed through her previous financial administration role, aligns seamlessly with her position at MCB. Here, she will leverage her organizational expertise to ensure efficient operations.

In her own words, Alexia shares, "I have an insatiable desire to learn and grow. I’m interested in learning more about Commercial Real Estate, and MCB seems like the perfect place to put down roots! ’m looking forward to developing my skills into a long career with MCB. The people who work here on a daily basis have been amazing."

A native of Portland, Maine, Alexia currently resides in Sanford with her fiancé, Peter, their German Shepherd puppy named Loki, and two rescued cats, Oli and Winnie. She takes full advantage of Maine’s beauty in her free time and enjoys hiking adventures with her family.

Alexia’s unique blend of skills and passion for creating meaningful connections will undoubtedly make a significant impact on the company’s continued growth and success.

We're thrilled to have Alexia Fornaro as part of our team at Malone Commercial Brokers. Her dedication to learning, combined with her love for organization and people, embodies the spirit of MCB. We look forward to the journey ahead and the contributions she will make to our continued success. Stay tuned for more exciting updates as we continue to grow and thrive together!

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Portland's Bayside Bowl Expands With Acquisition of 13,650± SF Retail Building

Malone Commercial Brokers is thrilled to announce the successful sale of 725 Broadway, a remarkable 13,650± square foot retail building nestled in the heart of South Portland. This prime property, previously under the ownership of FT Holdings, LLC, has now found its new steward in the form of C725 Broadway LLC. While the exact transaction value remains confidential, we can assure you that this deal marks a significant win for all parties involved.

Joe Malone and Jennifer Small of Malone Commercial Brokers, played a pivotal role in brokering this transaction, and they are proud to share that the deal was officially sealed on August 22, 2023.

Charlie Mitchell, the mastermind behind Bayside Bowl, couldn't contain his enthusiasm about this acquisition. He pointed out the property's strategic location, right in the vicinity of the existing Bayside Bowl, as well as its structural and aesthetic resemblances. It seems like this new venue is more than just bricks and mortar; it's a nod to the original Bayside Bowl.

The new place comes with a sunset patio that will surely evoke memories of Bayside's iconic sunset roof, and the bar layout is a mirror image of the original establishment. But Mitchell wants everyone to know that the heart of this new venue remains firmly centered on bowling, just as it always has been at Bayside Bowl.

So what does this mean for the local community and Bayside Bowl fans? It signifies a thrilling development that promises to enhance the entertainment experience while still preserving the core essence of the original establishment. With this acquisition, Bayside Bowl is ready to embark on an exciting new chapter that builds on the legacy of one of South Portland's favorite destinations.

Stay tuned for more updates as we watch this exciting journey unfold!

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