MEREDA Index comes in at a healthy 91

06/07/2016

Last week, the Maine Real Estate & Development Association, announced that the latest MEREDA Index had achieved a healthy 91, indicating that as Maine sales continue to achieve high water marks for sales prices and square footage sold, there will be strong fluctuations from release to release. The MEREDA Index is an economic metric that measures the health of Maine’s commercial real estate market twice annually relative to pre-recession 2006 levels.

The previous MEREDA Index numbers came in at 100 and 110, in the fall and spring of 2015 respectively. Previous to that, the four MEREDA Indexes completed to date, between spring 2013 and fall 2014, had not managed to top 80.

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Maine Real Estate & Development Association Awards Top 6 Notable Projects of 2015

05/17/2016

 

     

 

The Maine Real Estate & Development Association (MEREDA), the state’s leading organization for commercial real estate professionals, has announced the recipients of its 2015 Notable Projects Awards at its annual Spring Conference in Portland on May 17.

“MEREDA is thrilled to recognize these exemplary projects, all of which not only embody MEREDA’s belief in responsible real estate but also involved a significant investment of resources and job creation statewide,” noted Michael O’Reilly, President, MEREDA Board of Directors and Senior Vice President, Southern Maine Commercial Banking Team Lead, at Bangor Savings Bank.

 

 

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Employees 'win career lottery' at office of the future conference in Portland
 
MEREDA welcomed Texas-based experts to discuss marriage of space and technology

75 percent of employees, nationally, are not happy with the place they go to work, according to the research and design firm Gensler. Dean Strombom and Sven Govaars of Gensler traveled from Houston, TX to Portland to serve as keynotes at last week's Maine Real Estate & Development Association (MEREDA) conference. The event, meant to discuss "the office of the future," included robust conversation about how place and technology work together, with real-world examples from Maine.

The good news, according to Strombom and Govaars, is that 30 percent of employees feel engaged and enjoy their work. That said, 18 percent of U.S. employees are unhappy, disengaged and undermine what their engaged colleagues accomplish, and 52 percent are disengaged (just show up, do their job and go home). The focus of the event was how to get that 52 percent engaged, and to discuss the reverberations for commercial real estate, the spaces we build, own, and lease and how the Maine market is changing as a result.

 
 
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