By Laurie Schreiber, Mainebiz
A property encompassing 134,000 square feet across two buildings on 9.47 acres, at 22-48 Spiller Drive in Westbrook, sold for $13 million in an off-market deal.
TC Haffenreffer and Sylas Hatch from the Dunham Group represented the buyer and Steve Baumann from Compass Commercial Brokers and Josh Soley of CORE represented the seller.
The anchor tenant, at 48 Spiller Drive, is SIGCO, an architectural glass and metal fabricator and distributor that has a manufacturing plant at the location. SIGCO is a subsidiary of Oldcastle BuildingEnvelope, a building materials supplier based in Dallas.
This summer, Oldcastle shifted work from sites on Long Island, N.Y., and in Michigan and Kentucky to sites in Westbrook, Syracuse, N.Y., and Moorestown, N.J., according to trade publication reports.