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Originally developed for Northern New England Telephone Co., offers came from throughout the country. The buyer was willing to tour the property early, an important consideration for their selection.
A series of sales and acquisitions over the past year have helped South Berwick real estate developers Jim and Rebecca Henry tune their portfolio to new opportunities, as Maine becomes the go-to state for people looking to move from larger metropolitan areas.
The Henrys, owners of real estate development company Remington Street Properties, come from software technology backgrounds in Boston, then became active in real estate investment in Massachusetts, New Hampshire and Maine.
Jim Henry is originally from Maine.
Their focus initially was on the Portland multi-family market. In 2019, they took their first plunge into the office market with the purchase of the Cinamon Building at 1 Pleasant St. in Portland’s Old Port and also expanded geographically, buying 19 mostly multi-family buildings in Augusta.