Portland, ME Woodard & Curran plans to open a national learning & collaboration center and relocate their main office from their Outer Congress location at 41 Hutchins Dr. to a newly constructed downtown space at 12 Mountfort St., subleasing the 5th and 6th floors from Covetrus. The move is planned for spring, 2023. Drew Sigfridson, SIOR and Jessica Estes of The Boulos Company represented Woodard & Curran in the transaction
Woodard & Curran is one of the largest engineering firms incorporated in Maine, with 1,200 employees in 27 locations across the country. Moving to the Portland waterfront is a commitment to current and future employees—and to Maine, where the company was founded by Frank Woodard and Al Curran in 1979.
The new building offers amenities unique to the market, including common meeting rooms, a café, a patio on the top floor, as well as on-site parking and bike storage, and easy access to everything downtown Portland has to offer.
The new office is also an opportunity for Woodard & Curran to advance sustainability goals, as the firm considers carbon-neutral furnishings and workflows, LEED certification, and a green roof. In addition, the space allows for planned growth, with room to host expanded trainings, staff gatherings, and client events
This move is exciting on so many levels,” said Woodard & Curran CEO Alyson Watson. “With input from our employees, we’re designing the space to facilitate communication, collaboration, and innovation—aligning with our values as a firm. Open, airy, and surrounded by windows, this new home base represents our future, with long views of Casco Bay and the City of Portland—a valued Woodard & Curran client. We hope that all our employees from across the country will be able to visit our new, innovative space and enjoy this beautiful city.”
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.