Featured Property: 251 Woodford Street, Portland

August 7, 2011 in Articles

Author: Michael Cardente
Publication: Portland Press Herald/Maine Sunday Telegram

Cardente Real Estate is pleased to offer for sale this historic property, constructed circa 1850.

Tasteful renovation has preserved many of the original details. Fully leased to Bank of America, the building is situated on two large lots equaling .899 acre, ideally suited for an investor or an owner-user.


The back parcel offers the possibility for development of high-end apartments or condominiums. Amenities include signage on Woodford Street, ample onsite parking, new data lines, four bathrooms, and hardwood floors. Building and back parcel are available as a package or individually.

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Speculation: Pierce Atwood's successor may be Portland-based

August 5, 2011 in Articles

Author: David Carkhuff
Publication: The Portland Daily Sun

The below link discusses Pierce Atwood's move to the Cumberland Cold Storage Building on the Waterfront of Portland, Maine. It also talks about property owner's thoughts on the type of tenant that will absorb the 83,626 square feet of office space at One Monument Square that will be vacant by October 1 of 2011.  To read the article, please go to:


Greg Perry Has Been Appointed to the South Portland Zoning Board of Appeals

August 5, 2011 in News

Author: Matthew Cardente
Cardente Real Estate is pleased to announce that Greg Perry has been appointed to the South Portland Zoning Board of Appeals. We commend Greg for his dedication to his profession and his community. The Zoning Board will be well served with Mr. Perry onboard. Congratuations Greg!

Debt Deal Looms as New Threat to Mortgage Interest Deduction

August 4, 2011 in Articles

Author: Tony Pugh
Publication: McClatchy Newspapers

The below link is an article by Tony Pugh discussing the mortgage interest deduction and how it may be in jeopardry this year as lawmakers look for 1.5 trillion in additional budget cuts. Eliminating this deduction would have a huge impact on the housing market across the country.


Robert Montgomery Leases Space at 4 City Center

August 4, 2011 in Articles

Cardente Real Estate is pleased to announce that Robert Montgomery has leased 1,100 square feet of office space at 4 City Center, Portland, Maine. This transaction was brokered on behalf of the Landlord by Steve Baumann and Matthew Cardente of Cardente Real Estate.




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