The Boulos Company THE MARKET MARKET SIZE 799,635. The Boulos Company

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1 Nate Stevens, Broker January 21, 216 THE MARKET MARKET SIZE 799, ,519 9,27 4,323,9 1,254,251 Downtown Portland Maine Mall Area Suburban Portland Medical Falmouth, Cumberland, Yarmouth Scarborough, South Portland Westbrook 1,878,49 2,4,218

2 THE MARKET HIGHLIGHTS 14,± SF in positive net absorption Transaction volume increases for sixth straight year Shifted to a Landlord s market Lease rates continue to climb Limited options for larger tenants (,+) in both downtown and suburban markets, especially Suburban 3% 25 Downtown 3% Portland Boston Hartford Providence Portland Boston Hartford Providence

3 THE MARKET 14% % Vacancy Compari by Marke Downtown Portland Suburban Portland Falmouth Cumberland Yarmouth Westbrook Maine Mall Area Scarborough So Portland Medical THE MARKET 14% Downtown Vacancy Rates 14% Suburban Vacancy Rates

4 DOWNTOWN Bank of America 25,34± SF CBRE Tony McDonald Paragon Commercial Real Estate Deb Napolitano Stone Coast Fund Services 12,534± SF CBRE Joe Porta Joe Malone, Jen Small Direct Vet Marketing,2± SF CBRE Joe Malone, Jen Small Blue Tarp Financial 25,34± SF Paragon Commercial Real Estate Deb Napolitano Matthew Barney Maine Eye Center CBRE Joe Malone, Jen Small People s United Bank 12,5± SF NAI/The Dunham Group Frank O Connor Liquid/PCH 11,52± SF CBRE Nate Stevens Peter Harrington Portland Gastroenterology Harnden Commercial Real Estate Joe Malone, Jen Small DOWNTOWN Industrium 14,494± SF - an expansion and renewal CBRE Craig Young CBRE RBC Capital Markets 14,223± SF CBRE Tyler Hobbs CBRE Harvard Pilgrim 13,5± SF McCall & Almy Neil Schneider

5 Sun Life Assurance Co of Canada 38,93± SF CBRE Harnden Commercial Brokers Maine Medical Partners 19,76± SF NAI/The Dunham Group Tom Moulton Katie Millett Paragon Commercial Real Estate Michael Anderson WEX 6,32± SF Jones Lang LaSalle Brooks Murphy Stantec 38,784± SF United Health Group 22,278± SF Maine Behavioral Health 16,912± SF - expansion Easter Seals Maine 9,262± SF Sedgwick Claims Management 9,4± SF Joe Malone Jen Small Harnden Commercial Brokers Harnden Commercial Brokers NAI/The Dunham Group Tom Moulton CBRE Catie Cardner Compass Commercial Brokers Steve Baumann CBRE Tony McDonald

6 DOWNTOWN 66,215± SF available 26,15± SF available IN 5,4± SF available 46,5± SF available DOWNTOWN 23,9± SF available 25,± SF available Street 26,± SF available 63,39± SF available

7 134,349± SF available (sublease) LEASED 38,548± SF available LEASED 6,32± SF available LEASED 38,39± SF available 134,349± SF available 28,182± SF available 18,54± SF available 13,118± SF available

8 255,± SF $66,, CBRE 195,± SF $35,3, CBRE Joe Porta 111,± SF $11,, Harnden Commercial Brokers Samantha Hallowell Matt Pullen 71,± SF $7,25, 49,29± SF $5,3, CBRE Joe Porta 58,92± SF $5,12, CBRE Craig Young TRENDS REPURPOSING 56,86± SF entire building

9 Nate Stevens Associate Broker D C nstevens@boulos.com One Canal Plaza Suite 5 Portland, ME Jessica Estes Michelle Peacock