Cardente Real Estate Leases 33,973 Distribution Center to Federal Express

March 25, 2020 in News

Author: Cardente Real Estate
Publication: Cardente Real Estate News
Cardente Real Estate is pleased to announce that Federal Express has leased 33,973 +/- square feet of to Federal Express at 95 Hutchins Drive in Portland, Maine. Located in the Distribution Hub of Portland, the transaction including a freestanding building consisting of distribution, warehouse, and office space, as well ample onsite parking on over 4 acres of land. This transaction was brokered on behalf of the Landlord, Arrow Realty, by Matthew Cardente of Cardente Real Estate and on behalf of the Tenant by CBRE & The Boulos Company.
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Another strong year for the Greater Portland commercial real estate market in Maine - by Matthew Cardente

March 6, 2020 in Articles

Author: Matthew Cardente
Publication: New England Real Estate Journal

Another strong year for the Greater Portland commercial real estate market in Maine - by Matthew Cardente

March 06, 2020 - Northern New England
Greater Portland’s commercial real estate market remained healthy for all sectors through 2019. Retail and industrial vacancy rates dropped, lease rates and sale prices for all sectors continue to rise, and there remains high demand by commercial investors with low inventory available in the market. While several sectors may see a slight uptick in vacancy rates, the leasing market should remain competitive and our sales forecast for quality investment and owner / occupant commercial product remains extremely bullish through year end 2020....
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Cardente Real Estate Featured Listings - February 26, 2020

February 26, 2020 in News

Cardente Real Estate is pleased to provide our new & featured listings for February 26, 2020. Please click on the following link to view:

UP TO 34,230 +/- SF AVAILABLE AT PORTLAND'S PREMIER DISTRIBUTION FACILITY

February 20, 2020 in News

Author: Cardente Real Estate
Publication: Cardente Real Estate
Cardente Real Estate is pleased to offer for lease Portland's premier distribution/warehouse facility ideally located right off of I-95 Maine Turnpike and in close proximity to the Portland International Jetport, , I-295, & major retailers & distributors. Property includes a 34,000± square foot single story commercial building and two parcels of land totaling 4.889± acres that allows for ample parking and expansion to existing structure. Approximately 30,000 square feet of the facility is currently used for distribution, warehouse, and mechanical repair with the balance of the building utilized for office. Other property amenities include 16 foot ceilings with easy access to multiple overhead doors and loading docks on all three sides of the warehouse portion of the building, a 1,600± square foot mechanics shop with lifts & 20 foot± ceilings, an attractive retail entrance at the front of the premises with parking for the Tenant’s customers, and a cafeteria and employee bathrooms with showers & lockers . The 4.889± acre parcel of land provides over 100 parking spaces for employees and customers, a large back parking lot utilized for storage and parking for box trucks & 18 wheelers (back parking lot is well lit with pole lighting), and beautiful landscaping around the premises. Current signage offers facade and pylon entry signage. Sub-dividable to 10,000 +/- square feet, this is an ideal location for all types of distribution, manufacturing / production, and other operations looking to be minutes from all major routes and air transportation.
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Cardente Real Estate Wishes All A Happy Valentine's Day!

February 14, 2020 in News

Author: Cardente Real Estate
Publication: Cardente Real Estate
322 Fore Street Valentine's Day 2020
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