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Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in June 2025.
The new hire spent over seven years in Boston on the investment side of commercial real estate, including asset repositioning and entitlement work.
The buyer told Mainebiz that his plans for the property are not yet finalized though he does have an operator interested in reopening the eatery.
A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms across Maine.
At the front end of the workforce pipeline, Maine’s only medical school will operate out of its new $93 million Portland home built to meet the highest standards in medical education but without trying to replicate larger, more established schools.
The building, located at 735 Main St., has housed the venture for the past three years.
Main Street Skowhegan received $500,000 for Kitchen 185, which is envisioned as a shared commercial kitchen and food business incubator. The total project cost is estimated at around $3 million.
The team at Maine Real Estate and Development Association has created a treasure trove of interviews with the state’s leading developers, builders, bankers and visionaries. There are now 30 episodes available.
The Sasseville family has been building apartments in Auburn since 1990, but the latest build of 24 units might be the last for the immediate future. Current economic uncertainties are putting expansion plans on hold for now.
As home prices have escalated beyond the reach of many year-round residents in the Kennebunk region, and as more homes are now lived in only seasonally, one nonprofit is working to provide attainable housing for locals.
The discount retailer aims to open a store at Shaw's Plaza on Western Avenue before Christmas, the company's president told Mainebiz.
Single-family homes in Maine are a strong asset class, outperforming other parts of the country.
Falmouth-based Portside Real Estate Group and Swan Agency Real Estate in Bar Harbor are both led by Mainebiz Women to Watch honorees who have always been "in sync."
The planned 400-seat venue would be located at the top of Munjoy Hill and would include a multi-functional 'promenade' room for exhibits, performances and events.
A proposed ordinance for the city's Arts District would require property owners to fill empty storefronts with temporary art installations or experiences.
The majority of spa and sauna sales are made within 10 miles of a dealer's store, says one study. “People want to do business with somebody local.”
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
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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