Legacy Properties Sotheby’s International Realty is pleased to announce the sale of White Anchor Motor Inn in Boothbay, Maine

By Legacy Properties Sotheby's International Realty | Jun 19, 2012
Peter Therriault, Buyer Broker, Legacy Properties Sotheby’s International Realty; Patty Erickson, Commercial Lender, Bath Savings Institution; Marie Mostats, Managing Partner; Carl Jordan, Seller; Donna Jordan, Seller; John McCarthy, Listing Broker, Legacy Properties Sotheby’s International Realty; Jerome Gamache, Closing Attorney, Ainsworth Thelin & Raftice PA

Maine (June 19, 2012) Legacy Properties Sotheby’s International Realty is pleased to announce the sale of White Anchor Motor Inn in Boothbay, Maine.

Peter Therriault, Buyer Broker, and John McCarthy, Listing Broker, are both with Legacy Properties Sotheby’s International Realty Commercial/Hospitality Team.  The sale of the White Anchor Motor Inn is a significant sale for the Commercial Team at Legacy Properties Sotheby’s International Reality.

The new owner of the White Anchor Motor Inn, Chad Mostats, says they are planning a revitalization and staging of all rooms including upgraded environmentally friendly amenities, room packages that will support local businesses, and possible future plans of opening a pub on site for guests and locals to enjoy.

Marie Mostats will be the managing partner and Dawn Burnsides the Marketing Director. While the inn has changed hands, the previous owner’s, Carl and Donna Jordan will be staying on to operate The Bait and Tackle Shop.

“We are pleased to have this significant sale closed” said Chris Lynch, President of Legacy Properties Sotheby’s International.  “While the Commercial Team is relatively new to Legacy Properties Sotheby’s International Realty, this successful team effort is a great example of our ongoing commitment to Commercial/Hospitality industry in Maine.”

Peter Therriault, Senior Vice President, has an extensive operations, management and commercial leasing background, and his expertise has led to successful negotiations for his clients in many facets of the commercial arena, including lease and lease/purchase deals, hospitality and other business sales, bank REO workouts, and business consultation.

With more than 30 years of experience as a former owner/operator of a 60-unit waterfront motel in Midcoast Maine and as a hospitality consultant with clients in New York, Florida and the West Indies, John McCarthy, Senior Vice President, has extensive hands on experience in the hospitality industry. For the last several years John has focused on facilitating sales of hospitality properties representing buyers, sellers, banks, investors and limited partnerships. 

Legacy Property’s Sotheby’s International Realty, with offices in Kennebunk, Portland, Brunswick and Camden, continues to respond to positive movement in the Maine real estate market by adding new brokerage talent in its existing markets while looking to expand its presence in many of Maine's outdoor lifestyle destinations.

About Legacy Properties Sotheby’s International Realty

Maine Real Estate Expertise – Legacy Properties Sotheby’s International Realty is the leading luxury property company in Maine. With offices in Kennebunk, Portland, Brunswick and Camden, Legacy Properties Sotheby’s International Realty serves the coastal communities in Maine for distinctive properties at all prices. With more than 50 licensed agents, Legacy Properties Sotheby’s International Realty is able to provide Maine Real Estate services for buyers and sellers throughout the state. www.LegacySIR.com

Legacy Properties Sotheby’s International Realty, Two City Center, Portland, ME – 207.780.8900
Legacy Properties Sotheby’s International Realty, 150 Port Road, Kennebunk, ME – 207.967.0934
Legacy Properties Sotheby’s International Realty, 141 Maine Street, Brunswick ME 04011 – 207.729.2820
Legacy Properties Sotheby’s International Realty, 46 Bayview Street, Camden, ME  04843 – 207.230.1003

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