Boston (Portland), Maine Portfolio

Location Characteristics: The commercial water transportation industry in Portland plays an important role in the city's economy, with the Port of Portland is the second-largest tonnage seaport in New England. Portland is also accessible from I-95 (the Maine Turnpike), I-295, and US 1. U.S. Route 302, a major travel route, along with Portland International Jetport within two miles west of downtown Portland.

 

Market Insight: Out-of-state investment in the Portland industrial market continues to grow, as lease rates trend closer to double digits and vacancy rates continue to live below 2%. Thus, fueling the construction of spec buildings, and executed build-to-suit lease transactions.

Boston (Portland), Maine Portfolio

Location Characteristics: The commercial water transportation industry in Portland plays an important role in the city's economy, with the Port of Portland is the second-largest tonnage seaport in New England. Portland is also accessible from I-95 (the Maine Turnpike), I-295, and US 1. U.S. Route 302, a major travel route, along with Portland International Jetport within two miles west of downtown Portland.

 

Market Insight: Out-of-state investment in the Portland industrial market continues to grow, as lease rates trend closer to double digits and vacancy rates continue to live below 2%. Thus, fueling the construction of spec buildings, and executed build-to-suit lease transactions.

54 & 56 Milliken Street, Portland, ME 04103

2 Buildings Comprising 268,713 Square Feet

Metro Area Building Name Gross Building Area (SF) Property Sub-Type Tenant
Boston 56 Milliken Street 200,625 Warehouse/Light Manufacturing Multi-Tenant
Boston 54 Milliken Street 68,088 Warehouse/Distribution Multi-Tenant
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