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Real Estate & Construction

Scarborough firm acquires two Boston properties

The RAM Cos., a Scarborough-based acquisition, development and management firm, closed this week on a $10.1 million purchase of two properties in the Boston suburbs.

Millinocket loses bowling alley in snowstorm

Millinocket lost a central part of its community when the roof at Katahdin Pins 'n Cues collapsed during Sunday night's snowstorm. The sudden buckling was powerful enough to project debris across the...

With industrial space at a premium, developer plans to build warehouses in South Portland

Laurie Schreiber |

A 9.85-acre parcel at 2401 Broadway in South Portland that had been on the market for a decade will become the site of some 60,000 square feet of warehouse space. Rob Plummer, founder and president...

Benchmark expansion reflects hot Portland market

Laurie Schreiber |

Benchmark Residential & Investment Real Estate’s addition of nine people, as well as a second office in Portland, is another reflection of the hot demand in the real estate market.

Jasper’s in Ellsworth closes after 60 years

After 60 years in business, Jasper’s Restaurant in Ellsworth has served its last meal.

Lewiston extends developer’s option on Bates Mill No. 5

Lewiston’s city council gave developer Tom Platz a one-year extension on his option to buy and redevelop Bates Mill No. 5, the last and most challenging building of the sprawling Bates Mill...

Portland affordable housing firm pays $65M for Mass. property


Silver Street Development Corp., a Portland-based affordable housing firm, acquired a 250-unit development in Salem, Mass., in a deal worth $65 million.

Demolition begins at GNP mill in East Millinocket

Demolition work at the former Great Northern Paper Co. mill in East Millinocket began this week.

Soft opening for redeveloped South Portland armory

A $5.2 million project that repurposed the former National Guard armory in South Portland into a gas station and office building is scheduled for a soft opening on Feb. 10.

Bangor Savings Bank opens Augusta branch

Bangor Savings Bank opened a new full-service branch in Augusta on Feb. 2.