Category: Team: Portland, Maine
Portland, Maine Commercial Real Estate Team
New Hampshire Seacoast Office Market
March 7, 2023
New Hampshire Seacoast Office Market By Kent White | Principal Broker, Partner It is impossible to discuss the office market today without considering the past three years since COVID -19 effectively “paused” the office market. During 2020 and 2021, there were many predictions of doom and gloom for the office market. In some parts … Continue reading New Hampshire Seacoast Office Market
read moreI-93 / Route 3 Office Market
March 7, 2023
I-93 / Route 3 Office Market Update – 2023 By Roger Dieker | Managing Broker, Partner The New Hampshire I-93/Route 3 Office Market continued to surprise the Covid-19 naysayers by remaining steady in both vacancy (7.6%) and lease rate ($14.33/SF NNN). All of which happened in the face of the continued expansion and success … Continue reading I-93 / Route 3 Office Market
read moreSix Noteworthy Downtown Portsmouth Development Projects
March 7, 2023
Six Noteworthy Downtown Portsmouth Developments Projects By Katherine Gemmecke | Associate Over the last several years in this annual publication, we’ve highlighted up-and-coming development projects in the Seacoast. Since our last in-depth update for Portsmouth in our 2019 Market Outlook, we thought it was time to circle back and take a look at active … Continue reading Six Noteworthy Downtown Portsmouth Development Projects
read moreNew Hampshire Seacoast Industrial Market Outlook
March 7, 2023
New Hampshire Seacoast Industrial Market Outlook: 2023 By Christian Stallkamp | Senior Broker, Partner 2022 has proved to be another challenging year for the Seacoast Industrial Market. Vacancy rates remain extremely low, construction pricing remains high, and economic indicators are ambiguous. The consensus in the commercial real estate industry is that these challenges will continue … Continue reading New Hampshire Seacoast Industrial Market Outlook
read moreI-93 / Route 3 Industrial Market Overview
March 7, 2023
New Hampshire I-93 / Route 3 Corridor Industrial Market Outlook: 2023 By Christopher Healey | Partner 2022 proved to be a year of not only sustained, but reinforced trends throughout the Southern NH Industrial Market. Trends surrounding a few key metrics further tightened the industrial market to a point where securing space is no small … Continue reading I-93 / Route 3 Industrial Market Overview
read more2022 Transaction Highlights I-95 Corridor / Seacoast, NH
March 7, 2023
2022 Transaction Highlights I-95: Corridor, Portsmouth, & Seacoast NH By Caitlin Burke | Senior Associate The Boulos Company’s Seacoast New Hampshire office, located in Portsmouth, experienced one of its best years since the branch opened over 20 years ago. Even with a severe lack of inventory and very minimal options listed on the market, … Continue reading 2022 Transaction Highlights I-95 Corridor / Seacoast, NH
read moreRelocating Your Business In 2023
March 3, 2023
How To Relocate Your Maine Business In 2023 By Cameron Foster | Associate Broker Historically, transitioning to a new space has always been a complex process, as it requires planning, organization, and diligence. Welcome to 2023, where thanks to everything from global supply chain issues to rising inflation and other costs, each piece of … Continue reading Relocating Your Business In 2023
read moreMaine’s Housing Shortage Conundrum
March 3, 2023
Maine’s Housing Shortage Conundrum By John Finegan | Associate Broker Like many states across the country, Maine has a housing crisis. The ripple effects of COVID and the needs of asylum seekers have created an influx of people coming to Maine. Simultaneously, the average number of people per household is shrinking, and this exacerbates … Continue reading Maine’s Housing Shortage Conundrum
read moreLife Science And What It Means For Maine CRE
March 3, 2023
Life Science And What It Means For Maine Commercial Real Estate By Sasha Bogdanovics | Associate We’ve all heard the buzz around “life sciences” and the industry’s anticipated growth in Maine. When the Roux Institute opened in late 2020, interest and speculation around what it would mean for Maine heightened, and judging by the … Continue reading Life Science And What It Means For Maine CRE
read moreMaine’s Shifting Supermarket Landscape
March 3, 2023
Maine’s Shifting Supermarket Landscape: 2023 Retail Market Update By Joseph Italiaander | Associate Broker While retail had its fair share of struggles in 2022, the sectors year was highlighted by the strength of the supermarket and the supermarket-anchored shopping center. On a national level, the large national supermarket players, including Whole Foods, Kroger, Ahold … Continue reading Maine’s Shifting Supermarket Landscape
read moreMaine Property Conversion And Adaptive Reuse
March 3, 2023
Maine Property Conversion And Redevelopment: 2023 Update By Brice O’Connor | Broker Evaluating property, not on what it is today but rather its long-term potential, has long been a pillar of commercial real estate investing and development. Consider the vast changes in commercial real estate sectors that we’ve seen in recent years. Industrial, multi-family, … Continue reading Maine Property Conversion And Adaptive Reuse
read moreOffshore Wind: The Next Driver Of Maine’s Economy?
March 3, 2023
Offshore Wind: The Next Driver Of Maine’s Economy? By Claire Richardson | Associate Broker From national to local levels, government contributions towards offshore wind efforts in 2022 were among the most extensive we’ve seen, making offshore wind—expected to become a $1 trillion industry by 2040—one of the largest economic opportunities in Maine’s history. The … Continue reading Offshore Wind: The Next Driver Of Maine’s Economy?
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