Portland, ME Cardente Real Estate has completed two leases at Ocean Gate Plaza located at 511 Congress St. AMEC Foster Wheeler has leased 41,718 s/f of class A office space. This transaction was brokered on behalf of the landlord, Ocean Gate, LLC, by Matthew Cardente of Cardente Real Estate, and on behalf of the tenant by James Harnden of Harnden Commercial Brokers.
Model N has leased 9,827 s/f of class A office space. This transaction was brokered on behalf of the landlord, Ocean Gate, LLC, by Cardente, and on behalf of the tenant by Nate Stevens of CBRE, The Boulos Company.
Cardente Real Estate takes pride in developing and maintaining long-term relationships with businesses and developers throughout the U.S. and Canada.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.