Stay updated with breaking news from Sylas Hatch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Class A office building, redeveloped from a freight terminal, has filled with tenants in recent years. Quality office real estate is strong in Bangor, said one broker.
Lynch Logistics handles all kinds of trucking and logistics services. It has other sites in Bangor, Herman, Veazie and Auburn.
The 13,000-square-foot industrial building has 12 loading docks and ceilings up to 23 feet. “We shot it to a few investors and quickly had multiple bids,” said the listing broker.
The Class A office building, built in 1947, was a former Fox & Ginn Movers Inc. freight terminal The seller bought it in 2020 and brought in more tenants.
The seller paid about half a million dollars for the industrial property 25 years ago and sold it for $4.4 million. Now he seeks to raise awareness of the challenges for military veterans dealing with PTSD.