Bangor committee approves Hannaford lease amendment at 39 Florida Ave

The Business and Economic Development Committee reviewed a third amendment to a lease agreement with Hannaford Brothers for space at 39 Florida Avenue. The amendment reduces the leased square footage and includes a 3 percent inflationary rent increase, resulting in a new monthly rate of $1,962.79. Councilors discussed the short one-year term and the use of kitchen equipment in the space before approving the recommendation.

Key points

• The committee approved a motion to recommend extending the Hannaford lease with the proposed amendments.
• The new lease term is for one year, which Councilor Fish noted was unusually short.
• Staff confirmed that Hannaford will furnish the kitchen area with their own equipment for prep work.
• The proposed overall rent is $1,962.79 per month, reflecting a 3 percent increase despite reduced space.
• Councilor Fish stated she would investigate whether Hannaford is consolidating operations at their Portland facility.

Next steps

• Councilor Fish will look into the reasons for the one-year lease term and potential operational changes.

Read the full transcript