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Real Estate & Construction

MMC's $10.75M purchase in Westbrook puts eight offices under one roof

Laurie Schreiber |

Maine Medical Center's purchase of Westbrook's largest office building — six stories and 130,726 square feet — allows the health care provider to consolidate information services and...

Charges of arson in Sanford mill fire

Arson is suspected in Friday's fire at the former Goodall textile mill in Sanford, with the Portland Press Herald reporting today that three boys have been charged with arson.

Maine home sales decline in May, but prices go up


Lower-than-normal inventory of existing single-family homes in Maine led to an 8.85% decline in May sales.

Calif.-based LED manufacturer relocates to southern Maine


Cirrus LED Systems, a worldwide leader in LED technology and a member of the Inc. Magazine list of fastest-growing private companies in the nation, has relocated its headquarters and manufacturing...

In tight industrial market, even unlisted properties sell

Laurie Schreiber |

A 42,000-square-foot warehouse/storage building, at 360 Civic Center Drive in Augusta, was never listed.

100-home development in Portland's Stroudwater opposed

Although Portland councilors approved a zoning change that would allow about 100 new homes to be built at the old Camelot Farm property in the Stroudwater section of Portland, neighbors expressed...

Biddeford's renaissance attracts small-business investor

Laurie Schreiber |

The purchase of two small buildings here might seem insignificant in the grander world of million-dollar commercial real estate transactions. But the investment adds to the evidence of Biddeford as a...

Leverage your options

Justin Lamontagne |

Good or bad, there is no denying that in today's fast-paced, short attention span society, we have a lot of options. Options for television shows. Options for news sources. Options for...

Downeast Institute breaks ground on $5.8M expansion


The Downeast Institute for Applied Marine Research and Education broke ground today on a $5.8 million expansion that includes lab space to meet a variety of industry needs.

MMC acquires Westbrook office building for $10.75M


Maine Medical Center has purchased the One Riverfront Plaza Building in Westbrook for $10.75 million and plans to use the vacant office building to house its integrated information services team...