PORTLAND (NEWS CENTER Maine) — A new chapter began Thursday for a decades-old building in Maine's largest city. The online auction for the Time & Temperature Building in Portland was scheduled to end at 1:30 p.m. Instead, as last-minute bids rolled in, the auction was extended in increments of a few minutes at a time, until just before 2:00 p.m.
$9.3 million was the final bid listed on the real Insight Marketplace website before it was removed to instead read, "sold."
Built in 1924 it's a classical revival building and one of Portland's tallest buildings.
"It has an amazing interior space," says Julie Ann Larry, Director of Advocacy for Greater Portland Landmarks.
"I have some personal memories of going there," Larry said. "One of the great memories I have of it is that the mail shoots are still in the building."
"I love the Time & Temperature Building," said Mary Zarate. "It's iconic."
Mary Zarate owns Z Fabrics located inside the Time & Temperature Building. She and others hope the new owner can revitalize the property to its former glory.
The winner of the online auction, which started Tuesday, was not immediately announced.