Greater Portland
Commercial Real Estate News
192 Western Avenue Sale
Harnden Commercial Brokers represented the seller, KADA Properties, LLC in the sale of 192 Western Avenue, South Portland, ME. The 5,422 SF medical office building sold for $1,275,000 to 192 Western Avenue, LLC. The new owner intends on renovating the interior space...
Sun Life Financial Joins Growing Eastern Waterfront Roster
Sun Life Financial is officially joining the roster of companies opening offices on the Eastern Waterfront in Portland. The company will be relocating its Maine headquarters from their South Portland location, to kick-off construction for a new 100,000 SF building at...
Current Office Design Trends
Over the past few years work space has played an increasingly important role in recruiting and maintaining talent. While in the past office space was based primarily on headcount and efficiency - it can now be a real factor for employees' overall job satisfaction and...
Recent HARNDEN Transactions
HARNDEN completed the following recent transactions in Greater Portland: Sun Life Financial leased 76,785 SF at 58 Fore Street, Portland. Jim Harnden represented Sun Life Financial in this transaction. Stantec leased 20,280 SF at 2211 Congress Street, Portland. Jim...
Greater Portland Mid Year Outlook
Mid Year 2019 Office Market Overview Through Mid Year 2019 the Downtown and Suburban markets are going in different directions. Downtown’s combined vacancy rate for Class A & B space decreased to 5.50% from 6.09% at Year-End 2018. While the Suburban Class A &...