CLASS A OFFICE W/ PANORAMIC VIEWS - PORTLAND FINANCIAL DISTRICT

Office for Lease
Catylist Listing ID: 29769769
Property Subtypes: Executive Suites, Medical, Office Building, Other
Contiguous Space: 2,100 - 4,485 SF
Building Size (RSF): 128,400 SF
Gross Building Area: See Agent
Lease Rate: $16.50 - 18 PSF (Annual)
Lease Types: Modified Gross
Building Name: OCEAN GATE PLAZA
Class of Space: Class A
Last Updated: 7/5/2017

Overview / Comments

We are pleased to offer for lease 4,485± square feet of Class A office space at Ocean Gate Plaza. Located in the Heart of the Financial District at 511 Congress Street, this 5th floor corner unit has panoramic views extending from Back Cove all the way to Portland Harbor. The current layout includes five perimeter offices, one large conference room, open area ideal for workstations and/or additional offices, a designated server room, and a cafe style kitchenette with a breakfast bar. All existing offices and the large conference room offer various views of Portland’s Peninsula including the executive corner office that has two walls of picturesque glass. Perimeter offices each have individual temperature controlled heating and cooling units so to provide occupants with maximum comfort. Currently the last office space available for lease at Ocean Gate Plaza, this suite is ideal for all types of professional office users looking for a signature location in Downtown Portland with all of the Class A amenities.
Since coming under new ownership in 2013, the Landlord has renovated many portions of the interior and the exterior of the building with additional Class A finishes and features including a complete remodel of the main lobby and entrance, LED exterior and interior lighting upgrades, keyless card entry upgrades, and a complete rebrand of the building and the property’s Congress Street Courtyard. Other amenities of Ocean Gate Plaza include onsite concierge and property during business hours, onsite trash and recycling, shared rear loading dock with elevator access, dry basement storage, and onsite surface parking. This is a must see for any professional o ce users looking to have a SIGNATURE presence in Downtown Portland, Maine.

Expand All Available Space

Suite: 5 4,485 SF $16.50 - 18 PSF (Annual) Modified Gross
Level/Floor: 5
Space Available: 4,485 SF
Minimum Divisible: 2,100 SF
Lease Rate: $16.50 - 18 PSF (Annual)
Lease Type: Modified Gross
Space Description: We are pleased are pleased to offer for lease 4,485± square feet of Class A office space at Ocean Gate Plaza. Located in the Heart of the Financial District at 511 Congress Street, this 5th floor corner unit has panoramic views extending from Back Cove all the way to Portland Harbor. The current layout includes five perimeter offices, one large conference room, open area ideal for workstations and/or additional offices, a designated server room, and a cafe style kitchenette with a breakfast bar. All existing offices and the large conference room offer various views of Portland’s Peninsula including the executive corner office that has two walls of picturesque glass. Perimeter offices each have individual temperature controlled heating and cooling units so to provide occupants with maximum comfort. Currently the last office space available for lease at Ocean Gate Plaza, this suite is ideal for all types of professional office users looking for a signature location in Downtown Portland with all of the Class A amenities.
Date Available: 1/1/2017
Space Type: Relet
Conference Rooms: 1
Offices 5
Kitchen Yes
Tax Expenses $0 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 5526
Zoning: B3 - DOWNTOWN BUSINESS
Market Type: Large
Road Type: Paved
Property Visibility: Excellent
Highway Access: Minutes to I-295, the Maine Turnpike, and US Route One.
Airports: Less then 15 minutes from the Portland Jetport.
Site Description: General amenities of Ocean Gate Plaza include Class A finishes throughout with recent renovations to common areas and exterior, onsite parking, 24 hour access, onsite security during business hours, a vibrant first floor consisting of retail, food service, and high exposure office, shared rear loading dock access leading to elevator, dry basement storage available (separate cost), onsite trash and recycling.
Area Description: 130,000± square foot Office Tower that defines the skyline of Downtown Portland's Peninsula. The property is considered the Gateway to Portland's Financial and Arts Districts and is within walking distance of the Portland Harbor and the Old Port.
Total Number of Buildings: 1
Number of Stories: 9
Typical SF / Floor: 10,523 SF
Year Built: 1973
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Class A Office Tower with oversized glass windows on all nine floors, beautiful outdoor courtyard on Congress Street with renovations common areas, courtyard, and exterior in 2015. Onsite surface parking at market rates. New garage being built adjacent to property scheduled for completion in 2017. Highly visible signage for first floor tenants & potential for signature signage, at additional cost, on rooftop. Common trash and recycling located on premises as well as a common loading dock with direct access to premises.
Parking Type: Surface, Other
Parking Description: Parking is available on-site and in area garages at market rates, subject to availability. New parking garage is being built by owner adjacent to property scheduled for completion in 2017.
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Electricity, Other
Heat Source: Central, Wall Units
Air Conditioning: Package Unit, Other
Internet Access: Cable, Other
Interior Description: Main lobby was just renovated in 2015 with new tile flooring, lighting, and other Class A finishes throughout. The first floor lobby offers onsite security during business hours, direct interior access to various first floor tenants, and chic directory signage.
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,633 78,550 111,093
Median Age: 34.29 38.07 39.15
Households: 13,945 36,466 50,070

Contact

Photograph of Listing Agent

Matthew Cardente

Cardente Real Estate NECPE Member

Source

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