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“So far,” says a real estate veteran, “it’s not too bad.” Author: Rob Caldwell Updated: 11:51 AM EST December 17, 2020
PORTLAND, Maine Unless you own or invest in it, you have no reason to pay much attention to the state of commercial real estate. Whether an industrial warehouse is filled or vacant makes no difference in your life, right?
OK, you probably don’t care about industrial warehouses but we all have an interest in the health of the commercial real estate market because we’re drawn to cities that are lively and humming with activity. The last thing we want to see when we go into Bangor or Portland or Biddeford is empty buildings and vacant storefronts. They suck the life out of downtowns.