465 Congress Street
Portland, ME
Office / 80,000 sf / Acquired 2019
Investment Partner: Alta Properties
Portland, ME
Office / 80,000 sf / Acquired 2019
Investment Partner: Alta Properties
- Property is a 10-story Gothic Beaux-Arts style office building located in the heart of Portland's CBD
- The property is near downtown restaurants and retail and just minutes from I-295 and Portland waterfront
- One of the most recognized landmarks in the city and the second tallest in Portland, it offers tenants spectacular unobstructed views of the bay and the mountains
- 465 Congress Street is in an Opportunity Zone
- The strategy is to reposition and restore the property, which will include significant capital improvements, improved management, and leasing