Greater Portland
Commercial Real Estate News
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 &...
Leasing vs Owning a Commercial Property
If your business is evaluating whether the benefits of owning your own property could outweigh leasing space, we have outlined several factors to consider below. Benefits of Ownership Equity/Appreciation: The value in owning the property you occupy allows for the...
Southborough Office Park Fully Leased
With two deals recently completed at Southborough Office Park, the 3-building park will be fully leased by this May. Randstad leased 1,392 square feet on the first floor at 500 Southborough and New England Life Care expanded by 2,647 square feet on the first floor at...