East Brown Cow and Malone leases 5,532 s/f to Madewell at 75 Market St.
November 25, 2022 - Retail
PORTLAND, ME East Brown Cow and Malone Commercial Brokers has signed a five-year lease with Madewell for a retail storefront at 75 Market St., scheduled to open soon. The 5,532 s/f space looks on to Post Office Park at the corner of Market and Middle St.
Madewell, best known for its signature denim, will join a growing selection of major national brands, including Anthropologie, Athleta, Urban Outfitters, West Elm and others, and a list of local retailers on the city's historic waterfront. The location will feature collections for both men and women and will benefit from foot traffic due to the property's location.
"We're thrilled to be opening our first store in Maine, and in such a historically-rich city like Portland," said Garrett Putney, Madewell's head of stores.
The lease was brokered by Pete Harrington of Malone Commercial Brokers for East Brown Cow and Randy Baker of Open Realty Advisors for Madewell.
East Brown Cow has owned and managed 75 Market St. since 2006. Decorative exterior granite corners, lintels, and sills distinguish the five-story brick building.
"We couldn't be happier to welcome Madewell to Maine and the Old Port," said Tim Soley, president and CEO of East Brown Cow.
The Madewell space is one of two ground floor retail suites, upper floors house office suites. Built separately but adjacent to 157 Middle St. in 1868, the two buildings were integrated during a period of extensive high-quality renovation in 1984, and they are now managed together by East Brown Cow.
"We've been working diligently for years towards our goal of activating the urban fabric of Portland's unique downtown. Among other efforts, we have focused on carefully curating our storefronts with the thoughtful selection of both national and local retail tenants.Madewell's presence along the Middle St. corridor really anchors this area as a first-class retail destination."
"The city is more vibrant than ever and undergoing tons of exciting growth, so we're looking forward to bringing our suite of unique services and experiences to the community while offering both our women's and men's collections." said Putney.