Foundation purchased the building. Renovations were completed in 1996, and a new time and temperature sign was installed on the roof in 1999. In 2003, the Libra Foundation sold the building to 477 Congress LLC, a subsidiary of Kalmon Dolgin Affiliates. By 2016, occupancy had dropped to 60%, as lack of maintenance had caused tenants to vacate the building. The building was taken into foreclosure by Wells Fargo on May 11, 2016. Building ownership passed to CW Capital Asset Management, a loan servicing company. An inspection in November 2017 by the Portland Fire Department found 19 fire-safety violations. The building was sold at auction for $9.3 million in October 2018 to TT Maine Venture. References Office buildings completed in 1924 Office buildings in Portland, Maine Skyscraper office buildings in Maine 1924 establishments in Maine