Biddeford, ME According to Colliers, a global leader in commercial real estate services, Colliers Engineering and Design has leased 5,150 s/f at 234 Main St. Mike Cobb, of Colliers in Maine, represented the tenant and Brandon Mitchell, of Malone Commercial Brokerage, represented the landlord.
Colliers Engineering & Design, an affiliate of Colliers, is a provider of multi-discipline engineering and architecture, design, and consulting services to public and private sector clients.
“We are very excited to join the growing and vibrant Biddeford community, while being able to better support our clients in the southern Maine and New Hampshire Seacoast regions,” said Sean Pierce, regional leader Colliers Engineering & Design.
Already located in Brunswick, this will be its second location in Maine. Colliers Engineering & Design has over 2,200 employees located in more than 60 offices nationwide. Colliers continues to grow its presence in Maine, offering a full range of commercial real estate services to its clients.
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.