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Real Estate & Construction

Portland’s middle-income earners feel the squeeze

Portland has been experiencing a housing development boom in the past few years, but it hasn’t helped middle-income earners, according to a new report.

MEREDA predicts tight industrial, hotel sales, stronger overall real estate market in 2015

Mainebiz Staff |

The Maine Real Estate & Development Association’s annual conference Thursday showed a positive turn in 2014 and 2015 in many Maine real estate markets, with particularly...

Camden National program to help the homeless

Camden National Bank said Thursday it is launching a program to provide funding for the homeless.Hope@Home, as the program is...

VIP expands in Presque Isle, fills mall vacancy

Lewiston-based VIP Tires & Service is expanding its Presque Isle presence by moving into the Aroostook Centre Mall, filling a vacancy recently created when Sears left.

Chinburg expects spring groundbreaking on Saco Island mill rehab

Lori Valigra |

Chinburg Properties, which plans to invest $18 million to refurbish Building No. 4 on Saco...

Ex-Home Depot building sold in Bangor

A former Home Depot building has been sold to a Massachusetts-based developer as part of its plan to repurpose the building into a BJ’s Wholesale Club.

Judge refuses to block Bucksport mill sale

A federal judge has given Verso Paper the green light to sell its shuttered mill in Bucksport to a scrap metal company, but he encouraged the two parties to meet with Gov. Paul...

India papermaker seeks to buy Bucksport mill

Newly disclosed documents in an antitrust hearing has revealed that a Mumbai, India-based papermaker wants to buy Verso Paper’s shuttered mill in Bucksport and continue...

Portland vote delayed on Bayside development

The Portland Planning Board’s vote on the proposed $75 million "midtown" development in has been delayed, but it appears that the developer is not ready to pull...

RockStep Solutions moves into MDIBL

Laboratory software company RockStep Solutions Inc. has moved into space at the Mount Desert Island Biological Laboratory in Salisbury Cove.