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Making It Work: Reimagined Offices

Making It Work: Reimagined Offices
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Investor signs onto Biddeford resurgence with Main Street acquisitions

Investor signs onto Biddeford resurgence with Main Street acquisitions
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Featured Property: 300 Fore St. in Portland is a rare Class A opportunity

Featured Property: 300 Fore St. in Portland is a rare Class A opportunity
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Featured Property: Large, high-powered manufacturing facility in the Gorham Industrial Park

Featured Property: Large, high-powered manufacturing facility in the Gorham Industrial Park Almost 45,000 SF of heavy-duty manufacturing space will be available April 1, 2021. SPONSORED BY MALONE COMMERCIAL BROKERS Share 37 Bartlett Rd. in Gorham is the former home of Irwin Tools. Courtesy of Malone Commercial Brokers Industrial real estate has been holding strong and consistent through the pandemic, in part because having space to spread out is vital to preventing the spread of COVID-19. As Irwin Tools leaves its home of over 40 years at the Gorham Industrial Park, this manufacturing facility is now one of the few properties available in Greater Portland, where the commercial vacancy rate was 2.44% in December.

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Saco's Mill Brook Business Center draws a range of small businesses

The new Mill Brook Business Center, at 10 Mill Brook Road in Saco, has proven to be a successful draw for a diverse collection of small businesses, including a creative metal manufacturer, electrical contractor, sheetrock contractor, medical parts and equipment contractors, auto detailer and a start-up incubator. When fully built out, the center will comprise 16 industrial flex condominium units across three buildings on a 3.7-acre site within the larger 70-acre Mill Brook Business Park. The center was developed by Dave Smaha and Anthony Barbano, doing business as BAHA LLC. They bought the acreage in late 2017 and started selling units in 2018. The units have been marketed by Michael Anderson of Malone Commercial Brokers.

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