Greater Portland
Commercial Real Estate News

Top Five Tips for Leasing Space

Top Five Tips for Leasing Space

Real Estate Timeline: It is important to be aware of your upcoming lease expiration date so you can begin searching for space and allow time for negotiation. Depending on the size of the lease, tenants should typically begin the process 6-18 months prior to lease...

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Waterfront Development Ban & New Zoning in Portland

Waterfront Development Ban & New Zoning in Portland

The Portland City Council voted in December for a six-month moratorium to ban development in the Central Waterfront District.  According to MaineBiz, "The city said in a news release that it made the proposal in response to 'significant overburdening of parking,...

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Recent Upgrades Boost Activity at Southborough Office Park

Recent Upgrades Boost Activity at Southborough Office Park

Southborough Office Park has recently undergone landscaping improvements to the courtyard area, these in addition to the lobby/restroom upgrades in the past few years along with amenities such as an on-site cafe and facilities management, have contributed to the increased activity and low vacancy at this suburban office park.

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Office Market Trend: Larger Office Leases

The number of office leases completed in Portland and the greater suburbs in the 3rd quarter of 2017 and 2018, compared to the 3rd quarter of 2016 has decreased, however the average square footage leased per deal has increased.

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Bottomline Technologies Expands in South Portland

PORTSMOUTH, NH (September 24, 2018) – Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make business payments simple, smart and secure, today announced its expansion to a new office space in South Portland to support its continued growth.

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