Mainebiz

June 29, 2015

Issue link: https://nebusinessmedia.uberflip.com/i/532329

Contents of this Issue

Navigation

Page 8 of 31

W W W. M A I N E B I Z . B I Z 9 J U N E 2 9 , 2 0 1 5 through payroll giving campaigns at workplaces statewide, added Maine Access Immigrant Network, Maine Farmland Trust, Maine Public Broadcasting Network, Maine Resource Recovery Association, Southern Maine Workers' Center and WERU Community Radio to its member groups. The Maine Health Access Foundation in Augusta awarded a total of $618,116 to 16 nonprofits across the state in the second phase of its Healthy Community grant program. The program supports local, grassroots efforts that build or strengthen collaboration and active participation from diverse organizations to support good health. Providing solutions for diverse hiring needs for Maine companies 207-854-2422 directpersonnel.net 1-800-639-8802 mainestaff.com • Finance/ accounting professionals • Skilled laborers • Flaggers • Administrative experts • Health Care professionals • Engineers Call us today! A corporate division of Maine Staffing Group Why wait? Call Steve at 207-846-9050 www.yarmouthboatyard.com www.pursuitboats.com NO RESERVATIONS. WATERFRONT DINING AT SUNSET. Not only do you get the convenience of valet parking at the airport for $10 a day, but we'll take care of your car needs, too. www.parknjetportland.com 747-5650 Drive 100 yards past baggage claim. Look for our green sign. Open 4:30AM - 1AM or later. per day $10 park perks OiL chANge • cAr wAsh • DetAiLiNg with Local developer opens executive office suites in historic Portland building Four months after buying a historic downtown building in Portland, a group led by a local developer has opened a new set of executive office suites on the building's third floor. Drew Swenson, president of Paragon Commercial Real Estate's property management arm, told Mainebiz that the executive office suites at 6-8 City Center were developed in response to a rising demand in affordable and flex- ible workspace, particularly for solo practitioners or companies that have an established presence in the area and need smaller office space. Swenson is the managing partner for Six City Center LLC. His partners in the property are Debra Napolitano, principal and founder of Paragon Commercial Real Estate; Jacque Santucci, principal at Opus Consulting; and Brian Eng, owner of Clay Cove Capital. Swenson said he is seeking to make Six City Center's offering stand out among the roughly 200 office and workstations in the Portland market by provid- ing several features and services that are built into rent and the costs of getting set up. The property's website posits that tenants can save around $43,000 in upfront capital expenditures and around $600 a month in rent. That's because 13 private executive offices and seven semi-private worksta- tions are all fully furnished and have several built-in features, like a telephone system, a conference room and an Internet connection, Swenson said. And each office and workstation has several services built into monthly rent, including a receptionist, IT services, long-distance phone service and a copier and scanner. "We're trying to help smaller practitioners be more efficient and focus more on their business efforts," Swenson said. "We manage the executive offices at One Monument Way so we're very familiar with the needs of small practitioners or businesses that want smaller offices." Swenson and his partners bought the building at 6-8 City Center for $1.4 million in February. Swenson said he estimates somewhere between $750,000 and $1 million in renovations were made on the building, which was originally constructed at the turn of the 20th century. "We felt it was really appropriate to make a substantial investment to make it a more sustainable building," he said of the building's elevator and HVAC improvements. — D Y L A N M A R T I N P H O T O / DY L A N M A R T I N The second and third floor of 6–8 City Center in Portland.

Articles in this issue

Links on this page

Archives of this issue

view archives of Mainebiz - June 29, 2015