Franklin Property Trust v. Foresite, Inc.

CARTER, Justice.

This appeal involves the title to a parcel of land (hereafter “Sign property”) which serves as an entrance to the Promenade Mall in Lewiston. The defendants, Fore-site, Inc., formerly Rosenthal Investments, and Lisbon Street Shopping Trust, the successor in title to Foresite, Inc., (hereafter referred to collectively as “Foresite”) 1 claim title by virtue of 33 M.R.S.A. § 460 et seq. The plaintiff, Franklin Property Trust (hereafter “Franklin”), asserts that it owns the Sign property in fee subject to a nonexclusive right-of-way held by Foresite. The Superior Court entered…