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Real Estate & Construction
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Amid Scarborough's rapid growth, some residents demand a slower pace
Updated: September 8, 2025Scarborough’s recent designation as the fastest growing town in Maine, has a large faction of long-time residents urging town officials to pump the brakes on development.
Updated: September 8, 2025
Acadia National Park visitors will be greeted by a new 'Gateway' welcome center
Updated: September 8, 2025To greet the park's 4 million annual visitors, the $27.7 million Acadia Gateway Center is situated on the main thoroughfare to Mount Desert Island.
Updated: September 8, 2025Legacy Properties Sotheby’s International Realty expands offices
Updated: September 8, 2025For its Northeast Harbor office, the company scooped up five agents from Blue Hill real estate agency Downeast Properties.
Updated: September 8, 2025
Keller Williams job fairs attract broad demographic
Updated: September 8, 2025The fair, now in its fifth season, draws women and men from their 20s to 70s, some interested in being licensed, others interested in administrative work or joining a team.
Updated: September 8, 2025
B2B trade show and media company ‘right sizes’ its Portland HQ
Updated: September 8, 2025Trade show and media company Diversified is renovating 36,892 square feet in the Old Port to reflect a hybrid work model with an enhanced in-office experience.
Updated: September 8, 2025
Rumford seeks commercial tenant for 1924 fire station
Updated: September 5, 2025The town's select board board said the building vacated a year ago is well-maintained and prime for preferred tenants that could include a brewery or restaurant.
Updated: September 5, 2025
Rent increases by Portland landlords will be capped at 2.2% for 2026
Updated: September 4, 2025The potential effect on tenants’ monthly bills follows a 2.5% rate increase for 2025, but is far off the peak number of 7% from 2023.
Updated: September 4, 2025
Berwick industrial properties sold to NH company for $1.9M
September 3, 2025A Portsmouth, N.H.- based portable storage container company is expanding into Berwick, with the $1.9 million acquisition of two industrial buildings totaling 24,280 square feet at Two Industry Drive.
September 3, 2025
Westbrook industrial property sold for $13M in off-market deal
Updated: September 3, 2025Factors making the deal attractive included a quality tenant, the relatively large scale of the property and a good location.
Updated: September 3, 2025
With sewer capacity strained, Yarmouth enacts six-month moratorium on some development
Updated: September 3, 2025Over 1,260 properties will be affected by the moratorium in the section of town west of U.S. Route 1 and including much of Main and West Main streets, Sligo Road, West and East Elm streets and North Road.
Updated: September 3, 2025
Demolition set to make way for Portland Museum of Art expansion
Updated: September 3, 2025Demolition crews are in place at 142 Free St., site of what is expected to be a $100 million expansion project at the Portland Museum of Art.
Updated: September 3, 2025
Portland property tax rate drops for FY26, but home values up 43%
September 2, 2025The total taxable value of real estate in Maine’s largest city is now $19.7 billion, an increase of roughly $4.9 billion.
September 2, 2025
Commercial real estate broker starts boutique firm in Kennebunk
Updated: September 2, 2025Suzanne McKechnie has specialized in York County commercial real estate for more than a decade.
Updated: September 2, 2025
Older sellers are fueling a boom in second-home market, says broker
Updated: August 29, 2025For older sellers, faster sales might be more important than getting top dollar, as they look to simplify, control the process and move forward on their own terms.
Updated: August 29, 2025
Former Madawaska border station up for auction
August 28, 2025The U.S. General Services Administration will auction off the former land port of entry in Madawaska. Border operations along the St, John River, across from Edmunston, New Brunswick, have moved into a new facility nearby.
August 28, 2025
Construction work on busy Portland intersection set to resume
Updated: August 28, 2025The project is a continuation of a multi-million redesign of the intersection of Congress and High streets. It got underway in 2022 but completion was delayed by disputes between the city and the original contractor.
Updated: August 28, 2025
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