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Every week in the Thursday Real Estate Insider, Mainebiz compiles a list of commercial real estate leases. Here are the leases we published in May.
The Gorham-based construction firm builds a wide range of projects, from residential to municipal to commercial. The mixed-use build in Auburn is the first project in the region that the firm is also developing and will continue to own.
Portland’s 50-year-old Riverton Park neighborhood will see significant upgrades to 141 apartments, along with the addition of 64 new units of affordable housing.
The arts-and-culture nonprofit acquired the purpose-built studio building it’s occupied since 2019.
The private school, which paid $5.25 million for 350 U.S. Route 1, says it will house students and faculty in the complex, which is walking distance to the main campus in Yarmouth.
HUD funds can be used to construct and rehabilitate affordable housing, improve public services and address homelessness.
The new boutique Kelp, at 37 Old Orchard St., is owned and operated by the owners of Cafe 64, a coffee shop.
Funds will cover some of the costs for emergency repairs to roads and transportation infrastructure damaged by severe storms that shook the state between April 2023 and January 2024.
Property amenities include onsite walking trails, indoor bicycle storage and a community room.
The site, located on heavily traveled Western Avenue, had seen a number of redevelopment proposals fizzle over the years.
The mix of retail and housing offers a respite from the busy U.S. Route 1 commercial corridor.
To meet these goals, Maine is going to need further funding and technical support from state government, input and tracking from municipalities, and work at both the state and local level — by community officials and citizens — to streamline the
Goals include attracting diverse demographics traditionally underrepresented in the industry and providing paths both to entry and to lifelong professional development.
Real estate coverage is a staple for many business publications, including this one.
Funding was awarded to more than a dozen public housing authorities to build and upgrade residential properties for seniors, individuals with disabilities and low-income households.
A nonprofit animal shelter that protects the health and welfare of abused and neglected equines is raising money to build an additional eight-stall quarantine barn at its farm.
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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