Posted inBusiness

Auburn Applebee’s sold for $3 million

Developer George Schott sold his 5,554-square-foot Applebee’s restaurant building on Center Street in Auburn to an undisclosed buyer for $3 million in early May, according to MaineBiz’s Real Estate Insider on Tuesday. Craig Young and Chris Paszyc of CBRE/The Boulos Co. brokered the sale. Schott had picked up the restaurant two years ago as part […]

Posted inBusiness

Schott gets $16.4M and an Applebee’s for 3 mall properties

AUBURN — Developer George Schott has sold three plazas, bought three hotels and picked up an Applebee’s. This week, Schott got $16.4 million and the Center Street Applebee’s, which is valued at $3.6 million, for the three properties around the Auburn Mall, he confirmed Thursday. “It’s been three months we’ve been working on the deal, so it’s […]

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