PORTLAND, Maine (AP) - The U.S. arm of Canadian firm Sun Life Financial Inc. is relocating offices in Scarborough and South Portland to a waterfront property in Portland.
Sun Life U.S. announced Thursday it intends to relocate by 2021 after signing a lease for 77,000 square feet of office space at the former Portland Co. site, now called Portland Foreside.
Sun Life and a subsidiary FullscopeRMS have more than 500 employees in Maine. The company said the new space has room to add another 200 workers in coming years.
Dan Fishbein, M.D., president of Sun Life U.S., said the company is excited to join “the thriving downtown Portland business community.”
Portland Foreside comprises 10 acres. Developers envision office space, hotel lodging and retail space, in addition to a marina.
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