Across the country, Criterium Engineers’ national network of 35 offices partners with visionaries who are transforming landscapes and bringing new life to downtown buildings. These projects are located far from our corporate headquarters in Maine, however we are part of an exciting development is happening right in our own backyard with Portland Foreside. The development….
Commercial News
Congratulations to Our Client: The New School, a New York City University
The New School is a world renowned, progressive university, founded in 1919, with its main campus in New York City. They house a design school, liberal arts college, performing arts college, and graduate programs. Students collaborate across disciplines and learn new ways of creative problem solving to effect positive change in the world. Officials at….
Featured Project: Children’s Museum of Maine
Congratulations to our client, Cyrus Hagge of Project Management, Inc., on the recent sale of the Children’s Museum of Maine, a landmark building at 142 Free Street in Portland, Maine. The museum building was sold to the Portland Museum of Art, located next door. This MaineBiz article features details about the sale. Criterium Engineers performed….
Want to Avoid Unexpected Property Maintenance Costs? Hint: Plan for Your Commercial Property’s Future
Whether you are a building owner, property manager, REIT manager—or if you are questioning whether a building purchase makes financial sense—it’s important to anticipate how the property will perform over time. For retail, multi-family, office or industrial properties, the best solution is to assess, plan and budget for the future. A Capital Needs Assessment analyzes….
Congratulations to Our Client: Australia-based Orora Group
Congratulations to our client the Orora Group, based in Australia, on their recent lease of warehouse #200 at 1905 110th Street in Grand Prairie, Texas. Criterium Engineers performed a Pre-Lease Property Condition Assessment on the 102,000 square foot warehouse building. Orora Group works closely with its customers to provide an extensive range of tailored packaging solutions….
Commercial Building Inspections: Why You Should Hire an Engineer Versus a Building Inspector
For every real estate transaction that you are involved in—chances are—as part of the due-diligence process you are hiring a commercial building inspection professional to inspect the property. This is a helpful and valuable service that you routinely recommend to clients any may be required by lenders, however if the inspection is not done objectively….
All-American Family LLC Purchases 1041 Brighton Avenue
A 24,150 square foot retail facility at 1041 Brighton Avenue in Portland, Maine, was recently purchased by All-American Family LLC. We congratulate the buyers as well as Charles Day of Porta & Co., who represented the seller, on the closing. Criterium Engineers performed a Property Condition Assessment on the facility which includes a convenience store,….
Congratulations to Our Client: Hussey Seating Company
Congratulations to our client at Hussey Seating, global producer of spectator and audience seating, on their purchase of 90 Community Drive. Hussey purchased the 45,000 square foot building which is situated on 24.9 acres in Sanford, Maine, to expand their operations. Criterium Engineers was engaged to perform a pre-purchase Property Condition Assessment as well as a….
A Pre-Lease Property Condition Report Pays For Itself!
Criterium Engineers provides the straightforward evaluation required for an extensive Pre-Lease Property Condition Report (also referred to as a property condition assessment) for clients looking to lease buildings of all sizes. They are especially useful for Triple-Net Lease negotiations. Be Informed! Investing in due diligence and being an informed lessee provides greater confidence in the….
Cinamon Building: It’s Not About the Spice!
Congratulations to our clients Jim & Rebecca Henry, represented by Josh Soley of Maine Realty Advisors, on their recent purchase of the Cinamon Building at 1 Pleasant Street in downtown Portland, Maine. The historic structure built in 1900 is named not for the aromatic spice, but instead for the longtime owners—the Cinamon family—with a slight….