Magnusson Balfour Commercial & Business Brokers

06/19/2026

Today, we recognize Juneteenth, the day that marks the end of slavery in the United States and commemorates freedom, resilience, and progress.

Juneteenth serves as an opportunity to reflect on our nation's history, honor the contributions of Black Americans, and continue fostering communities where opportunity, inclusion, and respect can thrive.

As we observe this important day, we celebrate the enduring pursuit of equality and the many individuals whose efforts have helped shape a stronger future for generations to come.

06/18/2026

Congratulations to Mid Coast Laundry LLC on leasing a 725± SF retail building at 2 Water Street in Hallowell from KNG Holdings, LLC.

Mid Coast Laundry LLC is the owner of Park Street Laundromat & Dry Cleaners in Rockland, a family-owned business that has served Maine’s Midcoast region for more than 35 years. Known for its commitment to quality garment care and environmentally responsible operations, the company continues to invest in serving local communities with dependable laundry and dry-cleaning services and is excited to be expanding.

Magnusson Balfour Team’s Dennis Wheelock brokered the transaction on behalf of both the landlord and tenant.

We wish Mid Coast Laundry LLC continued success in its new Hallowell location.

06/16/2026

One size doesn’t fit every development. That’s why our land portfolio across Maine includes everything from smaller infill parcels to multi-acre tracts suited for large-scale projects.

Commercial. Industrial. Retail. Mixed-use. Residential development lots.

Whether your buyer needs a highly visible corner site, expansion acreage, or land positioned for subdivision potential, the Magnusson Balfour Team represents a wide range of opportunities across multiple markets.

Explore available land:
https://smpl.is/akpng

📞 Have questions or need more details? Reach out—we’re here to help! 207-774-7715

06/12/2026

06/11/2026

Congratulations to Pelican Hill LLC on the purchase of a 16,210± SF retail portfolio on 1.22± acres at 408–418 Water Street and 8 Robinson Street in Gardiner from Area Leasing and Development Corp.

The portfolio features a mix of established retail and restaurant tenants, including UScellular, Pet Utopia, Canton Village Chinese Restaurant, and The Bench.

Magnusson Balfour Team’s Dennis Wheelock represented the transaction. Congratulations to everyone involved in another successful closing!

06/09/2026

Searching for the perfect office, retail, or restaurant space in Maine? The Magnusson Balfour Team offers a wide range of properties across the state, with options to fit every size and need. Let us help you find the space that works for you!

See what's available here: https://smpl.is/akipz

📞 Have questions or need more details? Reach out—we’re here to help! 207-774-7715

06/04/2026

Congratulations to Make-A-Wish Maine on leasing 5,371± SF of office space at 30 Long Creek Drive in South Portland from Brightspace LLC. Magnusson Balfour Team’s Kirk Butterfield represented the tenant in the transaction.

Make-A-Wish Maine helps grant life-changing wishes for children facing critical illnesses, creating moments of hope and inspiration for families throughout the state. We’re excited to see the organization continue its important work from its new South Portland location.

Congratulations to everyone involved!

06/02/2026

This week’s update from the Magnusson Balfour Team features a curated mix of mixed-use, investment, and industrial opportunities across Maine—ideal for business owners looking to own their space, investors seeking strong returns, and developers ready for their next project.

Explore the latest opportunities and see what might be the right fit: https://smpl.is/akbvz

📞 Have questions or need more details? Reach out—we’re here to help! 207-774-7715

05/28/2026

Congratulations to Wareham Pond Group on the purchase of a 2,970± SF office condo at 62 Portland Road #33 in Kennebunk from Post Road Holdings, LLC for $360,000.

Magnusson Balfour Team’s Kirk Butterfield represented the seller in the transaction.

Located within Post Road Center, a professional office condominium association along the busy Route One corridor surrounded by restaurants, banks, and a variety of professional services, the property is in the heart of a thriving retail and business hub in a certified Business Friendly community.

Congratulations to all involved!