Demand for multifamily housing investment in downtown Portland is stronger than ever due to barriers for new construction, resulting in increased value of existing housing stock.
The shared commercial kitchen and food-business incubator signed a 10-year lease with an option to buy a 4,200 square-foot property at 95-97 Darling Ave. in South Portland.
The company bought the former Century Tire property, along with some other buildlings, in the Portland neighbhorhood in 2015 and is seeing the results.