An Italian-inspired bakery in Bath features ‘pane e pasticceria’

Genova Centre Street Holdings LLC, doing business as Solo Pane e Pasticceria, bought 25-29 Centre St. from Centre Street Properties LLC for $683,800. The bakery opened on a lease earlier this year and recently finalized the purchase of its space as both wholesale and retail demand grew.

The space features pressed tin ceilings, exposed brick walls, updated electrical and plumbing systems, a triple deck bread oven, one 60-quart and two 30-quart mixers, and a six-burner gas stove and hood system. 

Mike Anderson of Malone Commercial Brokers represented the buyer and Mandy Reynolds of Magnusson-Balfour Commercial Brokers representing the seller in the off-market transaction.

To read the full article from MaineBiz, click HERE.

MaineHealth buys Portland's Union Station Plaza for $16.8 million

MaineHealth purchased Portland's Union Station Plaza for $16.8 million as a long-term investment in the neighborhood where Maine Medical Center is located. 

The buyer said it has no plans to develop the property, purchased from the Union Station LMT Partnership, at this time.

The acquisition will help position MaineHealth and its flagship hospital, Maine Medical Center, to continue to meet the region’s dynamic and growing health care needs, MaineHealth said in a news release.

Brokered by Joe Malone and Mark Malone of Malone Commercial Brokers and John Gendron of Gendron Commercial.

To read the full article from MaineBiz, click HERE.

Sea Dog Brewery now open in Scarborough

Maine family-run Sea Dog Brewing Co. is now open in the former Famous Dave's restaurant space at Cabela's plaza, right off I-95 in Scarborough. "We wanted to be part of the exciting growth of Scarborough and the community we will be in," said manager Dale Carrier. "The restaurant is conveniently located right off the highway and the uptick of development at Scarborough Downs and Costco opening its first location in Maine, we felt it was an unbelievable opportunity for a Sea Dog brew pub."

Fred Forsley, co-founder of Shipyard Brewing Co. and a partner in Sea Dog Brewing Co., announced the Dec. 8 opening. He had praise for Mark Malone at Malone Commercial Brokers, who brokered the deal. He also complimented the property owners, Barry, Greg and Ian Feldman, and Bill Pearse and Joseph Cloutier of Scarborough BBQ LLC, owner of the building.

To read the full article from MaineBiz, click HERE.