Overall office vacancy is estimated at only 7.57 percent in downtown Portland an

Source

Mainebiz

Date

4-1-1998

Pages

9, 14-15, 22-23

Abstract

Overall office vacancy is estimated at only 7.57 percent in downtown Portland and 2.03 percent in suburban areas. Companies will face higher rents and longer-term lease requirements. Real estate broker Greg Boulos foresees few options to build new buildings, although Mark Malone of Malone Commercial Brokers disagrees. Details, related "Economic Development" column on the importance of Portland office vacancy.

Subjects

Office buildings, Offices

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