FOR LEASE WATERFRONT OFFICE & SERVICE
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1 FOR LEASE WATERFRONT OFFICE & SERVICE 5 WIDGERY WHARF DEVELOPMENT OFF COMMERCIAL STREET - PORTLAND, MAINE ONLY TWO FLOORS REMAINING! PORTLAND S HISTORIC OLD PORT Commercial Street has become a pedestrian mecca for dining and shopping. The opening of two new hotels in 2014 certainly accelerated the process and the area s amenities as well. DiMillo s Marina Phase I of the development will be an 18,000± SF, threestory building offering office and service space. Water views for tenants are a main attraction to the building. The project is being developed by Proprietors of Union Wharf who have owned and operated on Portland s waterfront continuously for over 200 years. Prominent local companies, Archetype and Ducas Construction, respectively are the architect and construction firms for the multi-phase development. Contact Peter Harrington at for further details SUBJECT LOCATION PETER HARRINGTON direct direct fax peter@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME main
2 DiMillo s Marina Pierce Atwood FRONT RENDERING PETER HARRINGTON direct direct fax peter@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME main
3 Portland is the center of business activity and Maine s largest city. The heart of it is concentrated among historic districts (Old Port, Arts District, Financial District for example) and areas (West End, East End, Eastern Waterfront, Bayside, Munjoy Hill, India Street for example) on the Portland Peninsula. The peninsula is also home to state-of-the-art medical centers and hospitals as well as universities, colleges and museums. Portland s natural deep water port rivals New York, Boston and Philadelphia for oil and cargo shipments. Its Ocean Gateway Terminal is used for deep water berthing of some of the largest cruise ships in the world during the summer and fall months. INTERNATIONAL MARINE TERMINAL SUBJECT AREA OCEAN GATEWAY CRUISE SHIP BERTHING The International Marine Terminal underwent a $5 million reconstruction project and expansion continues west of the Casco Bay Bridge. Eimskip is a niche shipping line that specializes in moving products that need refrigeration. Products coming into the United States are primarily frozen fish, but it also ships bottled water and cryolite, a mineral important in the production of aluminum, which is produced in large quantities in Iceland. Exports from Portland include consumer goods, food stuffs and building supplies from manufacturers throughout the United States. Products from Maine include frozen and processed food, such as lobsters, blueberries and potatoes. 1 1 Eimskip Move to Bring More Cargo Ships to Portland, by Tom Bell, Portland Press Herald, January 29, 2015
4 Existing Buildings with New Building Overlay
5 Property Summary LOCATION: 5 Widgery Wharf, Portland, Maine USES: Office and Service TOTAL BUILDING SIZE: 18,000± SF STORIES: 3 ON-SITE PARKING: Available at an additional cost per space FLOORS: 2ndfloor - Up to 5,573± Rentable SF 3rd floor - Up to 5,545± Rentable SF 4th floor - LEASED (See floor plans for potential subdivision) Color shell floor plans show where the mechanics will be and with all the exterior walls open for window utilization. RESTROOMS: ELECTRICAL: HVAC: TENANT FIT-UP ALLOWANCE: 2 per floor (restrooms and fixtures are minimal in the plans at this time and need to be part of tenant fit-up for each floor) 208 volt, 3-phase, 2000 amp service. Control panel on each floor. Distribution and controls part of fit-up $30.00 PSF. Contact broker for details. Electric, HVAC, plumbing, drainage, bathrooms and fixtures are all run to the floor. LEASE RATES: Second Floor $22.95 PSF (NNN) Third Floor $22.95 PSF (NNN) ESTIMATED NNN EXPENSES: $5.00 PSF BE THE NEXT TO JOIN PETER HARRINGTON direct direct fax peter@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME main
6 THIRD FLOOR SECOND FLOOR Floor Plans UNIT 2A UNIT 2B UNIT 2C POSSIBLE SUBDIVISION UNIT 2A 1,399 SF $22.95 NNN UNIT 2B 1,211 SF $22.95 NNN UNIT 2C 1,702 SF $22.95 NNN
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