News: Owners Developers & Managers

The Procopio Cos. celebrates 90% sales milestone at Daymark Portland

Portland, ME According to The Procopio Companies (Procopio), Daymark, its luxury condominium community in downtown, has achieved a significant sales milestone with 90% of units sold. 

The 54-unit development at 75 Chestnut St., which has a selection of amenities, has seen an exceptional buyer response, with only a select few premium units remaining available. All units are outfitted with premium finishes, with most including attached balconies offering views of downtown and Back Cove. 

“Reaching 90% sold at Daymark demonstrates the strength of our product and the market’s appetite for luxury condo living in downtown Portland,” said Bryan Vitale, SVP of strategy & investments at Procopio. “The buyer response confirms that when you deliver exceptional amenities, quality construction, and an unbeatable location, the market responds.” 

Daymark’s sales success can be attributed to its market-leading amenity package that sets it apart from other downtown residential options. The building features a full-sized fitness center, maker space, coworking spaces, a sports lounge with multi-sport simulator, and club and lounge areas. The development also includes indoor bike and sport storage, ButterflyMX video entry system, and an attached parking garage, with each unit including one parking space and additional spaces available for purchase. 

The building’s partnership with Club Pilates, which occupies the ground-level commercial space, has proven popular with residents who value having premium fitness options steps from their front door. 

Daymark’s proven track record of strong occupancy, desirable location, and appeal to buyers seeking luxury amenities position it as a prime community in downtown, a city which boasts a nationally acclaimed food scene. Named Bon Appetit’s 2018 restaurant city of the year, the city continues to grow and thrive with excellent restaurants, innovative breweries, and a vibrant culinary culture that attracts visitors from around the world. 

With a Walk Score of 93, Daymark residents can easily access all these restaurants, from seasoned James Beard Award-winners to hot newcomers. In addition to the food scene, Daymark sits amongst the city’s thriving arts district, waterfront, and recreational opportunities around Back Cove and everything else coastal Maine has to offer. 

Procopio developed Daymark in concert with Archetype Architects. The condo sales are managed by Waypoint Realty Group. 

The Procopio Companies is a vertically integrated real estate development and construction firm based in Boston, with a track record of over five million s/f of institutional ground-up development spanning four generations. 

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