|
|
Article: Portland office building sold ; The Maine Bank & Trust building on Congress Street sells for $12 million.
- Article from:
- Portland Press Herald (Portland, ME)
- Article date:
- July 31, 2009
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
TUX TURKEL By TUX TURKEL Staff Writer
Portland Press Herald (Maine)
07-31-2009
Portland office building sold ; The Maine Bank & Trust building on Congress Street sells for $12 million.
Byline: TUX TURKEL By TUX TURKEL Staff Writer
Edition: FINAL
Section: Business
Type: News
A landmark Portland office building is changing ownership in a transaction said to be the state's largest investment deal so far this year.
The 10-story tower at 465 Congress St. was sold to L.E. Springer Inc., a wholly owned holding of Bangor real estate investor Lawrence E. Springer.
The selling price was $12 million, according to the buyer.
The seller was GRE Congress Canal LLC, which had bought the building most ...