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The buyer of a medical office building in the Stroudwater area of Portland was attracted to the prospect of Maine Medical Partners Dermatology as a long-term tenant and also views medical space as a stable asset. Northland Enterprises of Portland bought 1601 Congress St. from OGH Realty LLP for $4.23 million. Sam LeGeyt and TC Haffenreffer from NAI The Dunham Group brokered the sale, which closed March 3. The property, on outer Congress Street, comprises a 29,000-square-foot office building on 12.1 acres. Maine Medical Partners Dermatology will start renovations to the first floor and plans to occupy the 10,000-square-foot space by early summer, according to a news release. ....
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. ....