Monday, November 28, 2011

Owner of Dana Warp: Westbrook Provides Affordability, Political Stability

I think I naturally gravitated to Westbrook
for several reasons: One, I think from a pricing standpoint, there’s greater
upside, greater value to be had in Westbrook. Two, I think there’s greater
political risk in Portland. I was involved in the redevelopment of the Maine
State Pier and I saw Portland government at its worst, and I vowed that I would
never invest a dime in Portland, never, never.
- John C.L. Morgan

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