AUGUSTA: Developer hopes for “quality restaurant”

Commercial real estate developer in Augusta, Maine hoping to lure restaurant to Journal Square

Northland Enterprises is hoping to lure a nice restaurant to Journal Square on Western Avenue.

(Augusta, Maine) Northland Enterprises, a commercial real estate development company based in Portland, reported today that although redevelopment of the former Kennebec Journal site is almost finished, the firm is hoping it can lure a locally-owned restaurant to the prime Western Avenue location, now called Journal Square.

“We’ve already turned down a national fast-food chain that wanted to grab the spot, because we heard folks would like to see a good dining option,” said Rex Bell, a founder and partner at Northland. “We’re holding out a little longer for a great restaurant concept because of feedback from the Augusta community. Maybe there’s a Maine chef out there who’s ready to make a splash.”

Northland acquired the former Kennebec Journal property in 2011. Today Journal Square leases space to a Goodwill store, a Men’s Warehouse, a Supercuts, a US Cellular retail store, and the regional headquarters for Bangor Savings Bank. Construction is now under way for a stand-alone Starbucks, which is expected to open this summer. Northland said the space, at 2,425 square feet, was specifically designed for a food user, and is the only lease opportunity remaining. It is centrally located in the project, between Supercuts and US Cellular. It has an outdoor patio, facing Western Avenue. Bell said anyone interested in leasing it should contact Conor Beliveau, via e-mail, at conor@northlandus.com, or Joe Porta of CBRE the Boulos Company at jporta@boulos.com.

Northland Enterprises has been managing and re-developing commercial real estate since 2001, in Maine communities and several others in the northeast Unites States. It is based in Portland, Maine. For more information visit www.NorthlandUS.com.

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