Boxford, MA Miika Ebbrell, AIA, LEED AP, principal of Ebbrell Architecture + Design, a certified Woman-owned Business Enterprise, recently earned both her State of Maine and State of Vermont licenses to practice architecture. These new licenses add to her existing licenses to practice in Mass., N.H., and Conn.
Ebbrell’s firm specializes in building repositioning and commercial space fit-outs including offices, labs, medical, educational/learning centers, manufacturing, and community gathering spaces such as fitness centers.
Ebbrell explained that the Covid pause gave business-owners and communities opportunity to look around and ask, ‘What’s next?’ ‘What’s missing?’ And ‘How can we make this vacant space more productive and work better for employees or the community?’
She said, “Our firm’s expertise in building repositioning really fits in nicely to help companies and property owners to create spaces that match current and future needs.” She also noted that all the start-up businesses that were launched during Covid are going to need places to go. “It’s not just big offices in downtown Boston that are looking to reinvent themselves. It’s small downtown properties and suburban office parks that know the potential to grow is there, they just need a good firm like ours to help them realize their vision.”
The architects and designers at Ebbrell draw on their wide-ranging collective expertise in approaching each new commission. So regardless of whether they are working on a building refresh, lab, workplace project, or tech manufacturing facility, the team can draw on its extensive background to develop new and creative solutions to even the most challenging design problems.
“Our firm is nimble, flexible and responsive, to support our clients and their endeavors,” said Ebbrell. “Being able to organically grow our territory allows us to serve our clients’ evolving needs and business pursuits in other areas of New England.”
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.
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.