CORE, the largest integrated commercial real estate firm in Northern New England, is pleased to announce the sale of 22-48 Spiller Drive in Westbrook, Maine. The transaction closed on July 30 for $13 million. Spiller Drive LLC was the seller and Nrti Spiller Drive LLC was the buyer.
The site encompasses 134,000 square feet across two buildings and is the home to Sigco, an anchor tenant located at 48 Spiller Drive. As a leading architectural glass and metal fabricator and distributor in New England, Sigco has a cutting-edge manufacturing plant in this Westbrook location. Sigco is a subsidiary of Oldcastle BuildingEnvelope (OBE), North America’s leading vertically integrated manufacturer, fabricator and distributor of architectural hardware, glass, and glazing systems.
Josh Soley of CORE and Steve Baumann at Compass Commercial Brokers represented the seller and TC Haffenreffer represented the buyer.
“We were thrilled to collaborate with TC Haffenreffer on this disposition,” said Josh Soley. “This is a prime site with convenient access to major highways. The buyers were excellent to work with, and we wish them the best of luck.”