Energy and foot traffic could define Portland’s retail and restaurant scene

By Alexis Wells, Mainebiz

The retail and restaurant business has certainly had its fair share of ups and downs. In the past couple of months, several restaurants and big chain retailers have closed or filed for bankruptcy. Many Mainers wonder if more will close in the new year.

However, Tim Soley, president and CEO of East Brown Cow, says the Old Port remains a place that attracts new ideas, passionate business owners and a growing mix of local and national retailers.

East Brown Cow, based in Portland, specializes in real estate management, investment and development. The firm has over 1 million square feet of space in office, retail, garage and hospitality properties.

Soley told Mainebiz that the Old Port has proven to be a destination location where national retailers can achieve their goals while still complementing historic Portland.

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