The Boulos Company has been retained to market the fee-simple interest in 953 Benton Avenue; a 112,200 +/- square foot manufacturing facility in Winslow, Maine. The Property is 100% occupied by the current owner – Orion Cordage, North America’s premier industrial and consumer synthetic rope manufacturer with a company history that dates back to 1856. 953 Benton Avenue is the company’s North American headquarters. The company intends to execute a sale-leaseback at below-market rents with a negotiable term between 10 and 15 years.

The asset is positioned in the Waterville Industrial Market which, along with other markets in Maine, continues to see a historically low vacancy rate. In addition, industrial investment opportunities over 100,000 SF with a long-term commitment from a tenant is difficult to find in this market. This presents a unique opportunity to purchase a large industrial asset at a price significantly below the replacement cost.