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Four bars and restaurants and six other businesses have opened in downtown Augusta since mid-2016, joining 34 new apartments and a feeling that "downstreet" is coming into its own in the capital city.
Three businesses are leasing 5,293-square foot building at 185 Cottage Road in a deal brokered by Craig Church of Magnusson Balfour of Portland, representing the landlord, Berkeley Properties. The long-empty South Portland building will soon house a
The University of Maine System Board of Trustees unanimously approved a preliminary plan to knock down up to 300,000 gross square feet of vacant or obsolete space on its campuses.
Despite tight inventory of single-family existing homes for sale at the beginning of 2017, statewide sales volume for the year ended in positive territory, with a 0.72% increase.
Thad Paul, who heads up The Wardman Group, a real estate investment firm in Washington, D.C., purchased the Ocean Gate Resort at 70 Ocean Gate Road in Southport on Dec. 1, 2017. He says the Boothbay Region's growing visitor market is one of the
CarMax Inc. (NYSE: KMX), the nation's largest retailer of used cars, opened its first store in Maine, at 415 Maine Mall Road in South Portland.
Reflecting new uses for traditional mall retail spaces, plans are underway for three medical and professional offices to fill the Best Buy and Dollar Tree vacancies at the strip mall at 105 Topsham Fair Mall Road.
Toys 'R' Us announced on Jan. 23 it would be closing two retail stores in Maine as part of its bankruptcy reorganization plans involving closures of up to 182 stores nationwide.
An Orono couple has transformed the former St. Mary's Catholic Church in downtown Orono into Old St. Mary's Reception Hall, a venue that includes space for musical and theatrical performances.
Justin Lamontagne, a partner and broker with NAI The Dunham Group, reported at the annual MEREDA Forecast Conference recently that vacancies are at an all-time low in the Portland area industrial space market, with businesses like medical marijuana
Dunstan Tap & Table restaurant, the first substantial commercial development at Scarborough's Dunstan Crossing residential and commercial development, is under construction and should open in the spring. The 90-seat restaurant, located at 1000
The former Maine Industrial Tire warehouse at 9 Laurence Drive in Gorham has two new tenants, which have helped fill out the 47,000-square foot building. Brock Services LLC, a construction services firm, leased 13,843 square feet of the building and
Husson University's Brien Walton likes visiting dollar stores for research purposes.
Pooling resources with another contractor is the strategy employed by Landry/French Construction and others to employ Maine workers on Maine jobs.
The 17-acre site that for 150 years housed paper mills on the east bank of the Kennebec River in Augusta has an eye-catching view of downtown and the State House downstream, is close to Route 3 and access to Interstate 95 upstream. A developer's
The $2.1 million sale of 22 Monument Square, a 22,932-square-foot Class B office building in Portland's Arts District, involves a historic 1913 building was designed by Portland architect John Calvin Stevens. The deal was co-brokered by his great-
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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