Cardente Real Estate Featured Listings & Transactions - August 10, 2021

August 10, 2021 in News

Author: Cardente Real Estate
Publication: Cardente News
Cardente Real Estate is pleased to provide our Featured Listings & Transactions for August 10, 2021.

Southern Maine’s commercial real estate market - A look back and now

August 9, 2021 in News

Author: Matthew Cardente
Publication: New England Real Estate Journal

In early February of 2020, I wrote an article stating that “While several sectors may see a slight uptick in va- cancy rates, the leasing market should remain competitive... through year end 2020.” Several months later, the world found itself in the midst of a pandemic and my forecast was wrong. No one could have predicted the global health crisis that would follow for the next 1 1⁄2 years. However, even during the complete shutdown, there remained demand for commercial real

estate in the Southern Maine market; it just depended on the type of use. In the spring of 2020, Federal Express executed a long-term lease for their 34,000 s/f distribution facility in Portland. Without distribution, people staying at home wouldn’t receive packages. Manufacturing facilities required commercial space for pro- duction. Those grocery and full-ser- vice retailers that remained open, still needed a physical structure to house and sell their product. Hospitals, pharmacies, banks, post offices, and many other types of uses, all needed a commercial footprint even during the pandemic.

to read the full article, please go to the attached.

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PREMIER PORTLAND SITE JUST LISTED FOR SALE

August 4, 2021 in News

Author: Cardente Real Estate
Publication: Cardente News

Cardente Real Estate is pleased to offer for sale / ground lease this premier property located just off I-295 on the corner of Franklin Arterial, Fox Street, and North Boyd Street. Consisting of two contiguous lots totaling 1.03 +/- acres, 129-139 Fox Street offers a level site that is ideal for redevelopment plus, a 6,112 +/- square foot flex / office building with ample onsite parking. One of the last development sites on the Peninsula, amenities include unbeatable accessibility (seconds from I-295 & Marginal Way), highly visible signage, and mainstream exposure on some of the busiest streets in Portland. This is an ideal location for all types of users looking for one of the most signature locations Portland has to offer. For further information, please click below for brochure.

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Purchase Requirements - August 2, 2021

August 2, 2021 in News

Author: cardente Real Estate
Publication: cardente News
Greg Perry with Cardente Real Real Estate has the following client purchase requirements. Please click on the below link:

Edward Jones Leases at 19 Northbrook Drive in Falmouth, Maine

May 1, 2021 in News

Author: Cardente Real Estate
Publication: Cardente News
Cardente Real Estate is pleased to announce that Edward Jones has leased 1,350 +/- square feet at 19 Northbrook Drive in Falmouth, Maine. A long standing Tenant of the complex, Edward Jones is a leading financial advisor firm with over 15,000 locations in the United States and Canada and has been in operation for almost 100 years.  Amanda Stetson opened this Falmouth, Maine branch in 2014 offering premier financial guidance with a specialty in advising women who are going through transitions in life. For further information on how Amanda can help you, please go to:

https://www.edwardjones.com/us-en/financial-advisor/amanda-stetson

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