Issue link: https://nebusinessmedia.uberflip.com/i/1272107
W W W. M A I N E B I Z . B I Z 21 J U LY 2 7 , 2 0 2 0 F O C U S R E A L E S T A T E / C O N S T R U C T I O N / E N G I N E E R I N G to come to the Portland market. I wouldn't be surprised if we saw com- panies from major metropolitan areas like New York or Boston consider moving to Maine." Justin Lamontagne, a partner and broker with NAI e Dunham Group, says that's already having an effect though it's too early to pin down current office vacancy rates in Portland. "Anecdotally, there certainly seems to be significantly more office space on the market today than this time last year, and that's true for both the suburbs and downtown Portland," he says. He adds, "is pandemic is an opportunity for businesses to take a hard look at their real estate needs and commitment to office interac- tion. Depending on the industry or specific employee role, many office professionals will never come back to physical bricks and mortar. But many other businesses are realizing the loss of connectivity and col- laboration far outweigh the cost of office space." R e n e e C o r d e s , M a i n e b i z s e n i o r w r ite r, c an be r ea ched at r cor de s @ m a i n e b i z . b i z a n d @ r s c o r d e s CCE 207.553.7753 | colbycoengineering.com | info@colbycoengineering.com | @colbyco.llc a FAMILY of team-oriented professionals who BUILD upon each other's expertise and use SUSTAINABLE design principles to provide outstanding SERVICE and thoughtful DESIGN. Sarah Emily Colby CEO, Owner Calen Colby, PE President, Owner Brian Beaulieu, PE Vice President, Owner Ben Townsend, PE Vice President, Owner C O L B Y C O M P A N Y , L L C e n g i n e e ri n g & d e s i g n 47A York Street Por tland, Maine Peter Harrington at Malone Commercial Brokers advises clients to view as many spaces as possible and account for additional space needed if the COVID-19 restrictions continue. P H O T O / T I M G R E E N WAY