V O L . X X I I N O. X V I
J U LY 1 1 , 2 0 1 6 22
For example, if it's a mill building, they have the high
ceiling, the brickwork, the original moldings. It's an
industrial look, and a lot of users are willing to pay a
premium for that kind of space."
New businesses in old buildings
In recent months, there are several examples of
companies remaking existing spaces:
¡ Casco Bay Steel Structures' $3 million purchase
of the former Megquier & Jones steel fabrication
plant, built in 1965 at 1156 Broadway in South
Portland. e purchase is for a like use, but had
the added advantage of giving Casco Bay Steel
railroad access.
¡ e sale of the historic but dilapidated
5,700-square-foot commercial brick building
at 272 Lancaster St., in West Bayside, to the
start-up company Fork Food Lab. Partners Neil
Spillane and Eric Holstein took what was basi-
cally a shell and invested in a complete build-
out to create a collaborative commercial kitchen
serving new and existing food businesses.
¡ Redevelopment of the former Maine National
Guard armory, at 682 Broadway in South Portland,
We do.
Get some of your day back.
Who has the time
to deal with daily
IT issues?
Systems Engineering IT Services
207.772.3199 syseng.com / ITME
Serving schools, transfer sta ons &
residen al curbside collec on
Turning today's food scraps into compost to
grow tomorrow's food and flowers.
Your Organics Solu on
www.wecompos t.com | (207) 272-0896
F O C U S
»
C O N T I N U E D F RO M P R E V I O U S PA G E
P H O T O / T I M G R E E N WAY
James Howard, president and CEO of Priority
Real Estate, is redeveloping a former National
Guard armory in South Portland.
