Abbott buys its Scarborough plant for $17M

On top of recent expansions that are adding nearly 200,000 square feet in Scarborough and Westbrook, Chicago-based Abbott Diagnostics has bought the property that’s home to the medical test maker’s primary Maine-based production facility.

Abbott Diagnostics Scarborough Inc. bought an 111,590-square-foot  industrial building at 10 Southgate Road in Scarborough for $16.95 million.

The deal had been in the works prior to Abbott’s ramped-up production of its rapid test for COVID-19, according to Greg Boulos of the Boulos Co. The test was given the go-ahead by the U.S. Food and Drug Administration in April. Boulos and Robert Weber of CBRE brokered the transaction, which closed Aug. 13. Read more

Related Posts

Maine’s first mobile biolab starts tour of rural schools in Fort Kent

FORT KENT, Maine — Fort Kent middle schoolers are the state’s first students to learn at the newly unveiled Maine Mobile Biolab, a 50-foot,...

12 March 2024

UMaine Augusta’s $1.75M medical lab training facility doubles student capacity

Anew medical lab training facility on the campus of University of Maine Augusta is nearly six times larger than an off-campus space...

21 February 2024

UNE receives grant to research state-threatened animal

The University of New England has received a grant from the Maine Department of Inland Fisheries and Wildlife to study one...

12 February 2024