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RAM Companies Acquires Vacant Maine Industrial, Will Rebrand
The RAM Companies has acquired 16 Washington Ave., an industrial property in Scarborough, ME, for an undisclosed sum. The property totals 66,000 square feet and sits on nearly 15 acres in Scarborough Industrial Park. It was formerly owned and occupied by Sonoco Corporation and is currently unoccupied.
RAM will rebrand the property as the Washington Avenue Commerce Center and make several interior and exterior upgrades. With interior clear heights up to 23.5 feet, more than 100 parking spaces and heavy power, the property is suitable for a variety of uses.
“It is not every day that we can purchase such a well-functioning, centrally located asset with so much potential, only a few minutes from our headquarters,” said RAM founder Howard Goldenfarb. “Scarborough is a very desirable community in which to do business, and this location in the Scarborough Industrial Park complements our portfolio well.”
Claire Richardson of the Boulos Company will handle leasing.
Don’t Miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest.— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.
- ◦Sale/Acquisition
