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By Laurie Schreiber, MaineBiz
A national clothes retailer headquartered in New York City will open its first Maine store at 75 Market St. in Portland’s Old Port this fall.
Madewell signed a five-year lease for a 5,532-square-foot space at the corner of Market and Middle streets. The lease was brokered by Pete Harrington of Malone Commercial Brokers for East Brown Cow and Randy Baker of Open Realty Advisors for Madewell.
Its Portland store will be in a building owned by East Brown Cow, a Portland real estate management, investment, and development firm, which has owned and managed 75 Market St. since 2006.
“We’ve been working diligently for years towards our goal of activating the urban fabric of Portland’s unique downtown,” said Tim Soley, president and CEO of East Brown Cow. “Among other efforts, we have focused on carefully curating our storefronts with the thoughtful selection of both national and local retail tenants.”