FOR LEASE WATERFRONT OFFICE & SERVICE UNION & WIDGERY WHARF DEVELOPMENT COMMERCIAL STREET - PORTLAND, MAINE RARE WATERFRONT DEVELOPMENT 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 207-772-2422 for further details about this exciting waterfront project! SUBJECT LOCATION
DiMillo s Marina Pierce Atwood FRONT RENDERING
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
Existing Buildings with New Building Overlay
Property Summary LOCATION: Commercial Street at 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 SOUTHWEST ELEVATION RENDERING FLOORS: 1st floor - Up to 5,573± Rentable SF 2nd floor - Up to 5,545± Rentable SF 3rd floor - LEASED (See floor plans for potential subdivisions) 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: First Floor: $21.45 PSF Triple Net (NNN) Second Floor: $22.45 PSF Triple Net (NNN) ESTIMATED NNN EXPENSES: $5.00 PSF PETER HARRINGTON 207.772.0088 direct 207.358.7916 direct fax peter@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME 04101 207.772.2422 main www.malonecb.com
SECOND FLOOR FIRST FLOOR Floor Plans