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Commercial Properties, Inc. 

Our Company

Commercial Properties, Inc. (CPI) was established in Portland, Maine in 1981 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, CPI has concentrated it’s activities in the area of acquisition and development of commercial property in New England, Arizona, and US Virgin Islands. CPI owns approximately 1,600,00 SF, and through Silver Street Development Corporation over 8,000 apartment units.

Our Development Team

CPI’s team of highly accomplished professionals have been specially selected for their exceptional performance in their area of expertise. Our development team has the knowledge, foresight, technology and support personnel to competently manage and deliver effective results to answer the concerns of today’s tenants.

  • Richard J. McGoldrick, Chairman, CEO

    Richard J. McGoldrick, Chairman, CEO

    Mr. McGoldrick has been involved in the real estate business for over 30 years. He founded CPI in 1978.

     
  • Daniel Catlin, Vice President

    Daniel Catlin, Vice President

    Daniel Catlin has been in the real estate brokerage and development business since 1993.

     
  • Michael D. Brescia, Owner and President Silver Street Management LLC

    Michael D. Brescia, Owner and President Silver Street Management LLC

    Michael D. Brescia formed Silver Street Management LLC with Richard J. McGoldrick in 2001 to manage Mr. McGoldrick’s properties. The company was renamed Silver Street Management LLC (SSM) in 2006.

     
  • Erik Urbanek

    Erik Urbanek

    Erik Urbanek has been a member of the Maine business community for close to 20 years.