Commercial Properties has earned the reputation as one of Maine’s most respected commercial brokerage and management companies.
Commercial Properties, Inc. was established in Portland, Maine in 1978 by Richard J. McGoldrick to engage in the leasing and sales of commercial and industrial property primarily in Northern New England.
Since that time the firm has been involved in the sale or leasing of over $500,000,000 of such properties including retail developments throughout the United States, industrial and warehouse buildings, land sales, subdivisions (industrial and multi-family), office buildings, and multi-family apartment projects.
Since 2005, Commercial Properties, Inc. has concentrated it’s activities in the area of acquisition and development of commercial property in New England, Arizona, and US Virgin Islands. CPI and its affiliates own approximately 1,600,000 SF, and through Silver Street Development Corporation over 8,000 apartment units.
Originally, Commercial Properties Management LLC was established by Richard McGoldrick as a division of his company to manage his growing development/investment portfolio. Commercial Properties Management expanded into a third party management in the late 1990’s and is currently run by an experienced staff of accounting, management, and maintenance associates with decades of experience.
Meet Our Team
Richard J. McGoldrick
Founder / Consultant
Richard McGoldrick founded Commercial Properties Inc. in 1978 and has initiated or participated in the development of over four million square feet of commercial space in Maine.
Richard is also a founder and officer of Commercial Properties Management LLC, which manages 53 properties in Maine; and Silver Street Development Corporation, which owns over 8,000 apartment units in 13 States.
Active in the community Richard has served as: a former member of the Board of the Finance Authority of Maine (Chair 2000-2002); former co-chair of the Annual Auction of the Boys and Girls Club of Greater Portland and a member of the Investment Committee; a founder and former President of the Maine Real Estate and Economic Development Association; a founder and Board Member of the Maine Business Alliance; McGoldrick serves on the board of Bangor Savings Bank and Bangor Savings Foundation.
Developer / Construction Consultant
Daniel Catlin has been in the real estate brokerage and development business since 1993. Beginning with the redevelopment of the Hannaford Store on Maine Street in Brunswick in 1993, Dan has since been involved in the development of the Androscoggin Savings Bank and the acquisition and renovation of the Tontine Mall, both on Maine Street in Brunswick. In addition, he spearheaded the development of several lots at the Topsham Fair Mall, including the Wendy’s Restaurant, the 99 Restaurant, Goodwill, and Winner’s Circle, which includes Starbucks, US Cellular, H&R Block, Athletes Foot, and the UPS Store.
Dan has been working with Commercial Properties, Inc., since 1998. His focus is primarily on the Mid-Coast Maine area. He recently represented Bath Iron Works as the exclusive broker for the deposition of its surplus property, the Times Record in the sale-and-leaseback of its facilities in Brunswick, and several other projects in the Bath/Brunswick market.
Owner \ Chief Financial Officer
“I really like to see projects brought from start to finish, and you really get to experience the full spectrum at Commercial Properties. When I hand a client a report, I know that I’m providing a service and a product that I can be proud of.”
As Chief Financial Officer, Karen manages the financial relationship between clients, financial institutions, and mortgage companies. Karen has been with Commercial Properties for over 13 years, and she says, “The decision to come to Commercial Properties was easy. It’s a small company where the goals are clear and everybody works together to accomplish them.”
Her duties range from “helping answer financial questions for owners, preparing financial documents, working with mortgage companies, and performing human resources duties,” she says. “I make sure tenants are paying rent and mortgage payments, that the financials are in order to pay vendors, and that insurance documents for vendors are all in place.” Karen is a Notary Public and holds both a Maine Associate Brokers License and a Certified Property Manager designation. She is also a member of MEREDA, where she is part of the Marketing/Membership Committee. In her spare time, Karen enjoys gardening, traveling, hiking, volunteering, and spending time with family and friends.
Owner \ Lease Administrator
“I really enjoy seeing people in business that are doing well. When you have a tenant with a thriving business, then the Landlord has a thriving business as well. I enjoy being able to be a part of that relationship.”
Patty Dugas joined Commercial Properties in 2008 as our Lease Administrator. Prior to joining the Commercial Properties team, Patty spent fifteen years managing over 200 tenancies for one of the largest convenience/gas store chains in the country. At Commercial Properties Patty manages all aspects of the Landlord-Tenant relationship including: receivables, drafting lease documents, lease enforcement/compliance, utility billings, annual expense and tax reconciliations, negotiating renewals, and preparing Estoppel Certs and SNDA’s.
“Lease administration is a very fast-paced and diversified environment. There are so many different directions that your day can take, that I’ve been doing this for over 20 years now and still find it very satisfying.” In her time off, Patty enjoys boating on Casco Bay and spending time with her family
Owner \ Property Manager
“I love the relationships I have with tenants (sometimes I call them ‘my’ tenants) and meeting their needs. Sometimes, clients call just to bounce ideas off of me, but most often when they call, they have a question for me to answer or a problem for me to solve.”
Having joined the Commercial Properties Management team in August of 2007, Abigail Cassidy is responsible for directing all maintenance operations, including contracting vendor services, managing repairs and tenant fit-ups, negotiating annual client contracts, gathering bids and building permits for capital projects, and coordinating all preventative maintenance. “Essentially, we reduce the stress of the building owner through total asset management,” she says. “Along with providing top-notch service, we make sure buildings are maintained up to code and that tenants are happy.”
Hailing from Brunswick, Maine, Abigail received her Associates Degree in criminology, and pursued her Bachelor’s Degree in Business Administration at the University of Southern Maine. According to Abigail, “I love real estate and business. Coming from an entrepreneurial family, I always knew that I wanted to get into this industry.” Abigail is also very dedicated to broadening her knowledge of the industry and furthering her education. Currently, she is pursuing her license as a notary and working toward her designation as a Certified Commercial Investment Member (CCIM). Abigail currently lives in Freeport with her family.
Leonard joined Commercial Properties Management in January of 2015 as a tempo- rary employee to assist us through the busy tax season. We learned of Leonard’s ea- gerness to tackle difficult jobs and how well he fit in with our team and are pleased that he joined our team permanently in July. Leonard is working closely with the CFO and Leasing Administrator to provide timely accurate reporting to owners and billings to tenants. Leonard has a great eye for detail and enjoys a challenge.
Previously, Leonard served in both the U.S. Navy and the Massachusetts Army Nation- al Guard. He received a Bachelor’s Degree in Spanish from Bridgewater State College and held a Residential Real Estate Sales license and a Construction Supervisor li- cense. Leonard was the owner/operator of Berube Carpentry for several years before moving to Maine in 2010. After moving to Maine, Leonard received a Certificate of Ac- countancy from the University of Southern Maine. When Leonard isn’t working he enjoys home improvement projects, church fellowship and spending time with his wife and two children.
Having joined the Commercial Properties Management team in July of 2015, Josh is responsible for the day-to-day site operations, including contracting of vendor services, managing repairs and tenant fit-ups, obtaining bids and building permits for capital projects, coordinating preventative maintenance and the preparation of annual operating budgets for our clients.
Josh brings extensive knowledge through experience to the Commercial Properties Management team having worked for Cushman & Wakefield in and around Boston, MA over the past 8 years. Having managed over 1.5 million square feet of class A and B office space his most notable assignments would be Boston’s historical South Station containing transportation, retail and office space as well as Independence Wharf which is the sight of the Boston Tea Party.
A native of Cape Elizabeth, Maine, Josh earned his Bachelors of Science degree from the University of New Hampshire while also participating on the men’s Division 1 soccer team. In his spare time, Josh enjoys all outdoor recreation, traveling, and spending time with his wife and daughter.
“Commercial Properties is dedicated to making our clients’ spaces the best they can be. The team here is incredibly thorough and we work hard to build a relationship with our clients in order to better serve their needs.”
Karen Grant joined the team at Commercial Properties in May of 2013. With her strong background in corporate accounting and an Associates Degree in Business Administration from Casco Bay College, Karen brings a wealth of expertise and industry knowledge to the Commercial Properties team. Working closely with the Lease Administrator and CFO, Karen handles bank deposits, tenant bills, utilities, real estate taxes, and more.
“It’s so beneficial to have the team atmosphere we have here,” Karen says, “and it’s great to always have someone available to help resolve issues for a client. Everything we do moves through multiple channels so that we know we’re giving each client the best result possible.” Karen is passionate about accounting and plans to continue her education with the goal of becoming a Certified Public Accountant. Outside of work, she enjoys camping in Acadia National Park, golfing, snowmobiling and skiing in the winter, and watching her son’s sporting events.