university-of-maine-system-finance-facilities-and-technology-committee-minutes_c85.pdf
UMS plans lease for additional student housing in Hallowell
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Description
University of Maine System plans to enter a 15-year lease with Massway Development for additional student housing in Hallowell, costing approximately $900,000 annually with no inflationary escalators.
Contract Details
Contract Amount
$900,000 annually
Vendor
MASTWAY DEVELOPMENT
Agency
University Of Southern Maine, ME
Contract Type
Lease
Document Date
April 30, 2025
Contract Term
15-year lease
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