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FirstPark, the 285-acre business park in Oakland, is seeing a surge of interest during the pandemic, including the park's third sale of property in 2020.
On Thursday FirstPark welcomed its newest occupant, Maine Eye Doctors, a team of local optometrists that bought a 6,000-square-foot site at 25 FirstPark Drive for an undisclosed price.
The transaction was brokered by Bruce Holmes of Century 21 Venture Ltd. and Don Plourde of Coldwell Banker Plourde Real Estate, according to a news release.
The building was customized for Maine Eye Doctors and includes seven eye care lanes, eye care equipment and technology. Partners for the practice include Lorie Lepley Parks, Helen L. Bell-Necevski and Zlatko Necevski.
"During COVID-19, we have seen a lot of interest from businesses of all sizes that are evaluating their options because of the coronavirus,” said Jim Dinkle, executive director of FirstPark. “Many are attracted to FirstPark because of our location off Interstate 95 and the fiber internet, the fastest speed available for video conferencing, telehealth and remote work for employees during the pandemic.
"How companies do business is changing. Businesses around the world are evaluating their location to see how it impacts their bottom line and quality of life for their employees. FirstPark is an ideal business location in Maine.”
Earlier this year, J.B. Brown & Sons acquired the T-Mobile building at 133 FirstPark, which attracted interest from investors across the country.
J.B. Brown & Sons, a commercial property management and development company in Portland, paid $10.7 million for the 78,610-square-foot Class A, single-story office building on 26 acres. The building is occupied by T-Mobile's customer care center under a lease that expires in August 2027.
T-Mobile, is the anchor tenant and largest building in the park. Other businesses with property in the park include Bioenergetic Healing, Gateway Financial Partners, Inland Foot & Ankle, L.L.Bean Inc., MaineGeneral Health, Maine Medical Partners, One River CPAs, Waterville Community Dental Center and SurgiCare.
"The commercial real estate market is steady and many different sized businesses are evaluating their current space to see if it will meet their needs,” said Don Plourde, broker-owner of Coldwell Banker Plourde Real Estate.
“In my 37 years of experience, it is clear that COVID-19 has changed the way businesses are thinking about their physical locations and what their needs are and how to keep their employees safe. FirstPark has several amenities that make it appealing for all types of industries," he added.
The business park has experienced growth in the past two years with a new marketing plan that has attracted new businesses and attention of site selectors around the world. The flurry of interest recently included a visit from Kim Yonghyon, consul general of the Republic of Korea in Boston.
FirstPark was established by the Kennebec Valley Regional Development Authority and touts attractions including pre-permitted sites, shovel-ready lots, protective covenants, innovative technology and infrastructure.
In the coming months, the park is expected to make more investments, including increased marketing, exploration of residential options and the creation of a dog park, all designed to attract more interest in the 285-acre campus.
FirstPark is a 285‐acre business park community in Oakland. Managed by Kennebec Regional Development Authority and supported by more than 20 surrounding communities, the business park is in the central part of the state along the I‐95 corridor between Portland, Boston and New York to the south and Quebec City to the north. FirstPark is home to 16 businesses including anchor tenant T‐Mobile, a call center that employs more than 800 people. Available sites range in size from five to 24 acres, and the business park is in a Foreign Trade Zone. For more information, click here.
The Kennebec Regional Development Authority was established by the Maine Legislature in 1998 and comprises the towns of Anson, Benton, Canaan, China, Clinton, Cornville, Fairfield, Farmingdale, Gardiner, Hartland, Manchester, Norridgewock, Oakland, Palmyra, Pittsfield, Readfield, Rome, St. Albans, Sidney, Smithfield, Solon, Starks, Waterville and Winslow. It owns FirstPark Commerce and Technology Center in Oakland.
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