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Real Estate & Construction

Weeks after closing, owner sells downtown Bangor restaurant

Brett Settle, who closed Giacomo’s in Bangor on Dec. 23, has sold the business.

A small, but significant sale in Westbrook

Laurie Schreiber |

WESTBROOK—The purchase of a small building housing four apartments and a couple of commercial spaces at 212 Brown St. in Westbrook might seem a trivial event in the world of...

Wilton gets nod to apply for $150K development grant

The town of Wilton will get another chance to apply for a Community Development Block Grant to improve the facades of downtown businesses.

MEREDA conference is sold out

The Maine Real Estate & Development Association’s annual forecast conference on Thursday is sold out, the organization said Monday.

Bulgarian émigré launches restoration of former Belfast school

Laurie Schreiber |

An émigré from Bulgaria who's fallen in love with Belfast has purchased an old school building that he envisions as a multi-use facility for businesses and the city's cultural community.

An $18M redevelopment planned for Eastport cannery

Peter Van Allen |

A Kansas City developer will partner with an Eastport group to redevelop the waterfront American Can Co. factory.

Bangor Savings unveils plan for waterfront

Peter Van Allen |

Bangor Savings Bank plans to develop a campus on the Bangor waterfront, a move it says will help accommodate its projected growth.

Maine among top states in inventory of foreclosed homes


Maine is among the states with the highest percentage of foreclosure inventory on its mortgaged homes, according to a foreclosure report released on Jan 10.

Some flux in Washington Avenue’s restaurant scene

Roustabout, a Portland restaurant on Washington Avenue, closed its doors this week, but another venue is set to open.

Augusta’s Key Plaza going to auction

A prominent downtown Augusta building, Key Plaza at 286 Water St., is headed to the auction block.