CORE, the largest integrated commercial real estate firm in Northern New England, has completed the acquisition of three prominent Old Port properties located at 363–371 Fore Street, 373–375 Fore Street, and 9–17 Exchange Street. The transactions closed on March 4.
The properties were acquired by The Stonecutters LLC (363–371 Fore Street), The Langham LLC (373–375 Fore Street), and Thanos LLC (9–17 Exchange Street). CORE’s brokerage team facilitated the acquisitions on behalf of the purchasing entities.
“These are exceptional Old Port properties in one of Portland’s most dynamic districts,” said CORE President Josh Soley. “We’re pleased to have facilitated the acquisitions and to continue working with the ownership groups as we move into the next phase—developing the Fore Street buildings and managing the portfolio to ensure these properties remain vibrant parts of the neighborhood.”
The buildings occupy three highly visible locations in the heart of Portland’s Old Port. CORE will lead the development of the two Fore Street properties, guiding thoughtful improvements that respect the historic character of the buildings while preparing them for continued use.
CORE’s management division will oversee property management for the portfolio, providing day-to-day operations and long-term stewardship. CORE’s integrated approach handles every aspect of property management in-house, from high-level strategy to the hands-on maintenance that keeps buildings running smoothly.