The Boulos Company Releases 2023 Greater Portland Market Outlook

The Boulos Company, Northern New England’s premier commercial real estate brokerage, is excited to announce the release of their 2023 Greater Portland Market Outlook. This comprehensive report offers valuable insights into the current state of the commercial real estate market in Greater Portland and throughout Maine.

The market outlook includes a collection of articles written by Boulos Company’s top brokers, providing a detailed analysis of the latest commercial real estate market trends in Greater Portland and throughout Maine. The report highlights include updates in industrial, capital markets, and a detailed report Greater Portland’s office market, complete along with 2022 vacancy rates, asking rates for downtown Portland Class A space, and predictions on how hybrid work will affect the office market moving forward.

In addition to market analysis, the report delves into important topics such as the housing shortage, the impact of life science and offshore wind on Maine’s economy, and the challenges faced by businesses relocating in 2023. The report also explores Maine’s shifting supermarket landscape and the growing trend of property conversion and adaptive reuse.

“We are proud to offer this valuable resource to our clients and the greater community,” said Topher Stephenson, VP of Operations & Marketing of The Boulos Company. “Our team has worked tirelessly to provide a comprehensive overview of the current state of the market, as well as predictions for what’s to come.”

The Boulos Company’s Annual Greater Portland Market Outlook is available for  download on the company’s website, and can also be requested in print.

Click to Download the 2023 Greater Portland Market Outlook, or View It Below:

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