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Real Estate & Construction
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Hot Portland market and low risk attract Maine firm to multi-family properties
Laurie Schreiber July 27, 2020Maine-based BJB Realty LLC, specializing in multi-family assets, sees plenty of opportunity in a low-risk asset class.
Laurie Schreiber July 27, 2020
Largest new office lease signed in Portland with BerryDunn expanded headquarters
Laurie Schreiber July 27, 2020Portland accounting and management consulting firm BerryDunn signed a lease for 87,906 square feet at the Unum campus. The deal is the largest new office lease signed in suburban Portland in recent memory.
Laurie Schreiber July 27, 2020
In Biddeford, Phase 1 Riverdam Mill almost fully preleased in just a month
Laurie Schreiber July 27, 2020Port Property Management has nearly completed the first phase of its Riverdam Mill redevelopment in Biddeford. The property had been largely vacant except for two commercial tenants.
Laurie Schreiber July 27, 2020
Holiday Inn By the Bay puts new spin on working remotely
Renee Cordes July 27, 2020Holiday Inn By the Bay launched a "work from hotel" promotion as a creative way to drive revenue during the pandemic, and at the same time is speeding up the largest renovation in the hotel's 50-year history.
Renee Cordes July 27, 2020
What $237,900 buys you in Maine: How much you get depends on where you are
Maureen Milliken Updated: July 27, 2020That figure was the recent median sales price for a single-family home in Maine. But with aging housing stock, and wide disparities among different communities across the state, what does $237,900 really get you?
Maureen Milliken Updated: July 27, 2020
A Maine CEO who redirects the idea of ‘power’
Peter Van Allen Updated: July 27, 2020Kevin Hancock is the CEO of Casco-based Hancock Lumber Co., which has a workforce of 550 employees. In recent years he has become known for a medical condition that caused him to lose his voice — and, in the process, changed his style of management.
Peter Van Allen Updated: July 27, 2020
How to choose the best commercial lease for your business
Drew Anderson Updated: June 23, 2021Even in the best of times, commercial leases can be challenging to navigate. In the wake of COVID-19, most business owners are reconsidering a number of factors as they work their way back to something that resembles normal.
Drew Anderson Updated: June 23, 2021
Pandemic generates surge of interest in FirstPark, including 2020’s third sale
Staff Updated: July 24, 2020FirstPark, the 285-acre business park in Oakland, is seeing a surge of interest amid the pandemic, including the park's third sale of property this year.
Staff Updated: July 24, 2020
Developers in Portland and Virginia team on veterans medical clinic
Staff July 23, 2020The new clinic, on Portland's western waterfront, will allow the VA to consolidate services from leased spaces in the city and in Saco.
Staff July 23, 2020
Building Business: Doten’s Construction managing car wash project in Freeport
Peter Van Allen Updated: July 27, 2020A 2,400-square-foot car wash development is one of the projects changing an often-overlooked area, the stretch of U.S. Route 1 south of Freeport's downtown shopping district.
Peter Van Allen Updated: July 27, 2020
When Abbott had to ramp up COVID-19 tests, this contractor had to do the 'impossible'
Maureen Milliken Updated: July 27, 2020The Westbrook property was set up for retail distribution, not for manufacturing a critically need medical diagnostic device. And instead of a year or more for such jobs, Landry/French had two months.
Maureen Milliken Updated: July 27, 2020
As workspace demand shifts because of pandemic, some businesses are 'spaced out'
Laurie Schreiber Updated: July 27, 2020“COVID normal” is the buzzword in real estate circles. The pandemic is creating new conversations about the way commercial space is used. Its size and flexibility are more important than ever.
Laurie Schreiber Updated: July 27, 2020
Whatever works: Reinventing the office for a post-COVID world
Renee Cordes Updated: July 27, 2020Some of Maine's largest and best-known companies, with large footprints in the Portland real estate market, are now rethinking the way they utilize office space as the pandemic continues.
Renee Cordes Updated: July 27, 2020Real estate market’s breakneck pace now shifts — but remains fast-paced
Peter Van Allen Updated: July 27, 2020Maine’s fast-paced real estate market may have taken its breath earlier this spring, but the market is clearly shifting at an equally breakneck pace.
Peter Van Allen Updated: July 27, 2020
Maine home sales down but median price continues to rise
Staff July 23, 2020Home sales declined 4.3% in June, but the median sales price reached $249,000, up 4.15% from a year ago.
Staff July 23, 2020
Auburn's commercial and residential development continues at 'unprecedented' rate
Staff July 23, 2020Between February and June this year, Auburn granted permits for 288,212 square feet of space, and recently has made planning approvals for another 269,000 square feet plus two solar projects.
Staff July 23, 2020
Today's Poll
Sponsored by Kennebunk Savings Bank
With 2026 coming up fast, Maine businesses are preparing for Maine Paid Family and Medical Leave program to take effect.
The program is designed to protect paid leave for up to 12 weeks a year to care for an ill family member or bond with a new child. For employees, it's a great perk; for employers, there are challenges and costs associated with getting into compliance.
The Giving Guide
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.
Learn More
Work for ME
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.
Learn More
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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