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Tuesday, May 22, 2012  

Office
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11/13/2007

STAG acquires Maine office property


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Mr. Young
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Exterior.jpg
19 Mollison Way
STAG Capital Partners has acquired a 60,000 square foot office property in Lewiston, Maine, from George P. Schott, a local private investor.

Craig Young of CB Richard Ellis/The Boulos Company represented Schott while Ted Norberg handled negotiations in-house for STAG.

The property is located at 19 Mollison Way on 5.96 acres. It is 100 percent leased to Per-Se Technologies, a financial and administrative healthcare company. Per-Se is a subsidiary of McKesson Corporation, a San Francisco-based healthcare service provider.

Young is a broker with CBRE/Boulos and has been with the company since 1987. He specializes in the Portland and Lewiston/Auburn markets and is the former president of the Portland Community Chamber.

Norberg, who is a vice president with STAG, previously worked as a vice president of acquisitions in the New England area for NPV/Direct Invest. The Certified Public Accountant is a graduate of Boston College.

Lewiston, the second largest city in Maine, is located approximately 35 miles north of Portland and has a population of roughly 38,000.

Last month, STAG completed two acquisitions in the Northeast and Midwest with the purchase of a 448,000 square foot warehouse and office facility in Canton, Ohio, and a 78,040 square foot office and manufacturing facility in Amesbury, Mass.

Address: 19 Mollison Way, Lewiston, Maine

Size: 60,000 square feet


Filed Under: Office

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