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Real Estate & Construction
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Residents buy Bangor mobile home park for $8M, plan new homes
Updated: February 24, 2025The people who live at Cedar Falls Mobile Home Park were worried that if a developer came in, their community would go away. The cooperative model allowed them to secure financing to buy the land themselves.
Updated: February 24, 2025
Collaboration preserves affordable housing in Aroostook County
Updated: February 21, 2025The seller worked with the Genesis Community Loan Fund to sell the property to the Presque Isle Housing Authority, rather than risking it being lost to the private market.
Updated: February 21, 2025
Room to cruise: Harley-Davidson dealership will move from Portland to Gorham
Updated: February 24, 2025Many riders live in the Gorham area, where the new store will be more centrally located than the Portland store. The buyer market has room to grow with younger people.
Updated: February 24, 2025Colliers hire brings experience in commercial finance and investment
Updated: February 24, 2025A background in commercial banking, investment real estate, and development is expected to add immediate value.
Updated: February 24, 2025Midcoast commercial leases signed fell by roughly one-third in 2024
Updated: February 24, 2025The region’s market dynamics are expected to present challenges for larger industrial and office users. But there are opportunities for smaller businesses to find niches.
Updated: February 24, 2025
In Scarborough, dozens of condos are under construction at the Downs — with more on the way
Updated: February 21, 2025An additional 48 condominium units are now being built at the Downs, adding to the 606 housing units already built and occupied. A total of 96 new condos are planned for the mixed-use town center, which is now under construction.
Updated: February 21, 2025
Greater Bangor Association of Realtors to donate $31k to local charities
Updated: February 24, 2025The association supports local initiatives that enhance the well-being of individuals and families in the Bangor area.
Updated: February 24, 2025
South Portland's Mall Plaza — across from Maine Mall — sells for $20M
February 20, 2025Mall Plaza is 83% leased and is anchored by Dick’s Sporting Goods, with other tenants including Petco, Burger King, Verizon, Maine Community Bank and Friendly’s.
February 20, 2025
New affordable housing project is planned for Kennebunk
Updated: February 19, 2025Kennebunk has approved the construction of income-restricted apartments for ages 55+, on land donated by Kennebunk Savings Bank. Building is expected to get underway next year.
Updated: February 19, 2025
Youth mentoring program Trekkers raises $2.5M for Rockland campus redevelopment
February 19, 2025“I can’t tell you the number of times that I’m in the community and I run into people who tell me — ‘Trekkers changed my life,' ‘Trekkers changed my grandson’s life,'" the director told Mainebiz.
February 19, 2025
Cancer treatment center opens at Westbrook’s Rock Row
Updated: February 19, 2025Rock Row's medical campus is welcoming a number of health practices to the developing complex, several of which provide oncology support.
Updated: February 19, 2025
In Searsport, a demonstration house underway that's affordable and energy efficient
February 18, 2025Zero Energy Homes combines modular construction and net zero energy principles to show a single-family demonstration home under construction in Searsport can be priced for the affordable housing market.
February 18, 2025
Bangor Region YMCA rolls out plans for $58M facility
February 14, 2025Now in a 45,000-square-foot aging facility, the Y would double its size and have expanded offerings.
February 14, 2025Keller Williams Realty Greater Portland will hold job fair
Updated: February 14, 2025The informal format includes agents, prospective agents and administrators with display, information and networking opportunities.
Updated: February 14, 2025
A roundup of Maine's commercial real estate sales from January 2025
Updated: February 14, 2025Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in January 2025.
Updated: February 14, 2025
Yarmouth's Muddy Rudder restaurant sold for $1M to unnamed buyer
February 13, 2025Wednesday's auction in Yarmouth attracted 10 bidders from throughout New England.
February 13, 2025
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