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The deal to sell the 317,400-square-foot Central Maine Commerce Center complex is especially notable given the nationwide work-from-home trend and a shifting capital markets environment that has seen higher borrowing costs.
The 19th-century structure was built as a home for a shipping merchant. The seller has its eye on potential new headquarters. For the buyer, the spot is a place to grow.
This year’s conference, held at the Cross Insurance Center in Portland on Jan. 26, had a crowd of 750-plus attendees, who were there for the showcase and more than a dozen presentations.
The 19th century structure was built as a home for a shipping merchant. The seller has its eye on a potential new headquarters. For the buyer, the spot is a place to grow.
Here's what's trending in commercial real estate this year, with updates from Auburn, Augusta, Bangor, Westbrook and elsewhere in Maine.