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Man rescued after spending 3 days in Connersville storm drain
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Indiana man rescued after 3 days lost inside a storm drain
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Pandemic creates winners and losers in Maine’s commercial real estate market
Grocery and home improvement stores, as well as industrial spaces, are booming, but many restaurants have closed and new office development has ground to a halt.
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A “for lease” sign stands outside a building at Monument Square in Portland on Wednesday. Although many commercial real estate sectors appeared to be in dire straits last spring, some, such as industrial and residential buildings, are more in demand now.
Derek Davis/Staff Photographer
Tim Soley closed on three Old Port buildings Wednesday, two on Middle Street and another on adjacent Canal Plaza. They represent his first commercial real estate purchases in more than a decade.
The 2021 Annual MEREDA Forecast Conference & Member Showcase took on a different look this year, but with the same focus on its goals its had for the past 17 years, organizers said.
The conference, which usually attracts more than 1,000 real estate and development professionals from across Maine, took to the internet Thursday, and while no final registration numbers were immediately available, with a week to go, 500 had registered.
MEREDA Board President Josh Fifield acknowledged that no one would have to trudge through the snow to the Holiday Inn by the Bay in Portland to get to the conference. This year is different, he said. No trudging and, unfortunately, no being together in the room.
Back-to-office plans vary widely among Portland-area employers
A survey of more than 160 companies in Greater Portland showed that a majority of firms don t know when their workers will return to the office.
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Now that everyone is accustomed to working from home, it’s time to start talking about heading back into the office.
A survey by the The Boulos Co., a Portland commercial real estate firm, found that executives at about a third of the Maine firms it contacted expect workers to be back in the office by early fall, although more than half of the 167 companies contacted said their plans remain up in the air. The survey was conducted online from September through November, using Boulos clients and subscribers to the company’s email newsletter.
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