Cloudport Coworking lands second location in Portland, with 11,000 square feet
Photo / Renee Cordes
Cloudport Coworking is moving into a second space, at 16 Middle St. in Portland.
Cloudport Coworking is expanding in Portland, with plans to open a second hub on the city's East End close to the existing space on Federal Street.
Josh Corbeau, who owns Cloudport with Nik Caner-Medley, told Mainebiz that the company will lease the entire second floor of 16 Middle St., measuring 11,000 square feet, with an option to buy at a later date.
That option was of “vital importance in proceeding and taking the space,” he said.
Corbeau said that no real estate company was involved in the listing or negotiating of the space. He also said that Fred Forsley of Shipyard Brewing Co. was instrumental in making the deal happen, along with Karyn MacLeod at Katahdin Bank & Trust Co. and the Finance Authority of Maine.
The building is owned by Bateman Partners LLC.
With a month to go until the mid-June opening of the new location, Corbeau reports that a third of the new Cloudport offices are already spoken for.
The Middle Street hub will consist of 34 private offices, three meeting rooms, 70-plus dedicated and non-dedicated workstations in an open-floor plan, eight phone booths and 60 parking spaces.
The expansion puts Cloudport in the heart of the India Street neighborhood, creating a “campus effect” that Cloudport touts in its announcement.
“Our community really supports what we’re doing,” said River Horn, Cloudport’s community manager. “We’ve seen a big demand for the type of work environment we provide, which mixes collaboration and great facilities. This new location lets us bring in more members and offer them more ways to work together and succeed.”
Anchor tenant
At 16 Middle St. Cloudport will share an address with Tilson, an information technology company that owns the fourth and half of the third floors of the five-story building and whose name is displayed on the exterior.
With plans to keep using the fourth floor as its headquarters, Tilson still has the third floor listed for lease or sale, according to Joshua Broder, Tilson’s executive board chairman and CEO of Tilson Infrastructure.
“Since we allow work from home flexibility, we need less space than pre-pandemic,” he told Mainebiz.
’Crucial time’
As part of the Startup Maine Week lineup this week in Portland, Cloudport will host a coffee networking meetup on Wednesday and various workshops this week at 63 Federal St.
Reflecting on the timing of Cloudport's expansion, Startup Maine President Katie Shorey said it indicates the level of activity in Maine’s startup scene.
“More companies are moving here, more people are starting businesses, and more investors are getting involved,” she said. “Cloudport’s new location is coming at a crucial time to help support and boost this growth.”
Along with adding more space, Cloudport plans to launch new programming at the second location, focusing on workshops, networking events and startup resources.
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