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The acquisition by Safe Harbor Marinas is expected to close in January. It is an all-cash deal; terms were not disclosed.
Proceeds from the sales are invested into upgrades at other locations. In Portland, the bank had maxxed out its downtown facility, which resulted in a lease in the Old Port.
The Trenton home is Zero Energy’s first modular build, prefabricated at Knickerbocker’s Wiscasset facility with installations such as cabinetry, drywall and flooring.
The building at 66 Front St. was built in 1894 and was most recently home to the House of Logan clothing shop. The new tenant orchestrating the rehab is Maine Street Mercantile & Mfg. Co.
Breaking down the financial toll of severe weather events, the head of the Gulf of Maine Research Institute noted that repairing disabled critical infrastructure is “very expensive."
After buying the Hearth Doctor in February 2024, Rob Beardsley moved the showroom from Topsham to a larger space in Brunswick and acquired a similar business in Yarmouth.
The midcoast has had a number of key developments of late, including the sale of a major boatyard, a yacht launch by a significant boatbuilder and debate over housing for the “missing middle.”
This issue looks at two areas where the life of the downtown is a barometer of the vitality of a city or town.
Bath’s downtown revitalization is grounded in a combination of independently owned businesses that cater to year-round residents and summer visitors alike, strong support from city leaders and an active merchants association.
In addition to 260 units in the pipeline now, additional proposals include an eight-lot subdivision for single family and multifamily development and 10 apartments in three buildings.
Total spending on holiday shopping was predicted to surpass $1 trillion this year, according to the National Retail Federation.
The trade association predicted retail sales in November and December would grow between 3.7% and 4.2% over 2024, which translates to total spending between $1.01 trillion and $1.02 trillion. By comparison, last year’s holiday sales rose 4.3% over 2023, totaling $976.1 billion.
But holiday shopping can be tricky, with some products seeing price increases, and the overall cost being driven up by gift wrapping, packaging and shipping.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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