Press Release

Real estate experts to address MEREDA’s annual forecast conference

PORTLAND, Maine — On Jan. 24, 2014, from 9 a.m. to 5 p.m., the Maine Real Estate & Development Association will be host to its annual Real Estate Forecast Conference and ninth annual member showcase. Department of Economic & Community Development Commissioner George Gervais, will serve as keynote.

More than 500 of the state’s leading real estate experts are expected to attend the day’s events, which is being held at Portland’s Holiday Inn By the Bay. Commissioner Gervais, along with other leading experts from across Maine, will offer forecasts of what lies ahead for the state’s economy, with particular focus on commercial real estate by region and key market sectors, including office, retail, industrial, residential, and multi-family properties.

New this year, MEREDA has partnered with renowned Maine economist Dr. Charles Colgan of USM’s Edmund S. Muskie School of Public Service. In addition to delivering his Economic Forecast for the State of Maine, Mr. Colgan will unveil the “MEREDA Index.” This new metric will illustrate the statistical changes and measure the pulse of the commercial real estate industry in Maine, including sale and lease activity, construction starts and other data – for the first time ever, aggregated into one figure as an indicator of this important sector of Maine’s economy.

Scheduled to give presentations at the conference are Department of Economic & Community Development Commissioner, George Gervais, Charles Colgan, Muskie School of Public Service; Mark Malone, Malone Commercial Brokers; Bev Uhlenhake, Epstein Commercial Real Estate; Chris Paszyc, CBRE | The Boulos Co.; Sean Riley, Maine Course Hospitality Group; Brit Vitalius, Vitalius Real Estate Group; Harper Lee Collins, RE/MAX Heritage; Tony McDonald, CBRE | The Boulos Co.; Drew Sigfridson, CBRE | The Boulos Co.; and Justin Lamontagne, NAI The Dunham Group.

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Supplementing the conference is our popular Member Showcase which provides an excellent opportunity for members to network and market their products and services.

For more information or to register for the event, please visit: www.mereda.org

The Forecast Conference is graciously sponsored by TD Bank. Additional sponsors include: Pierce Atwood, LLP, Showcase Sponsor; SMRT, Showcase Co-Sponsor; Libby Hill, Luncheon Sponsor; Verrill Dana, LLP, Luncheon Co-Sponsor; Mainebiz, Media Sponsor; Haley & Aldrich, Conference and Exhibitor Brochure Sponsor; The Sheridan Corporation, Cocktail Hour Sponsor, and FirstPark, Technology Sponsor.

FOR MORE INFORMATION:

Website: www.mereda.org