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The buyer of a medical office building in the Stroudwater area of Portland was attracted to the prospect of Maine Medical Partners Dermatology as a long-term tenant and also views medical space as a stable asset.
Northland Enterprises of Portland bought 1601 Congress St. from OGH Realty LLP for $4.23 million. Sam LeGeyt and TC Haffenreffer from NAI The Dunham Group brokered the sale, which closed March 3.
The property, on outer Congress Street, comprises a 29,000-square-foot office building on 12.1 acres.
Maine Medical Partners Dermatology will start renovations to the first floor and plans to occupy the 10,000-square-foot space by early summer, according to a news release. ....

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