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Vacancy rates are at or near historic lows in some areas, but the rents landlords are charging do not yet justify the cost of new construction.That's one of the takeaway themes of the annual Maine Real Estate & Development forecast conference,
In 2017, Brunswick Landing continues to show strong growth in the Bath-Brunswick-Topsham region.
Maine's real estate industry continues to look for ways to turn NIMBY into YIMBY — “not in my back yard” to “yes in my back yard” — as it continues to connect with the Legislature in 2018.
Scarborough Downs and Brunswick Landing are officially out as possible sites for Amazon's second headquarters.
The MEREDA Index, a quarterly measure of real estate activity in Maine, hit a 10-year peak through the third quarter of 2017, reaching 96 overall in a composite measurement covering new development, transactions involving existing properties,
The City of Bath plans to start construction this spring of a $1.8 million half-mile walking trail along the Kennebec River.
A severe lack of quality office and manufacturing space is straining the Portland area economy, Drew Sigfridson, managing director of brokerage services at CBRE | The Boulos Co., said at the Mainebiz 5 on the Future forum Tuesday. The lack of space
Southport Boats' lease of 70,056 square feet in a Gardiner warehouse once owned by Associated Grocers of Maine has helped to nearly fill the sprawling space on River Avenue. The move into the 138,832-square-foot building more than triples the size
Ground will likely be broken on a 30,000-square-foot three-building mixed-use commercial project on Main Street in Damariscotta this spring that had been stalled due to a temporary moratorium triggered by an unrelated project.
Two significant purchases of mall properties in Topsham could signal optimism for the type of property that has been struggling to remain viable in the retail bricks-and-mortar market.
Camden businessman Matt Orne has reacquired buildings 3, 4 and 5 of Camden's historic Knox Mill complex. With Chad Cloutier of Rockland, he's also acquired Camden's Knowlton Street mill.
Developer Jack Soley, representing Horton LLC, has submitted plans for a 23-unit condominium building at 56 Parris St. in Portland to the city's Planning Division. The proposal calls for a 14,132-square-foot building, with parking for 23 vehicles
STARC Systems moved out of TechPlace at Brunswick Landing and into a 16,000-square-foot building down the street adjacent to Brunswick Executive Airport. The building at 166 Orion St., which previously housed ground support equipment maintenance, is
On paper, the 64-apartment mixed-use development planned for South Portland's Westbrook Street looks simply like a response to the need for affordable apartments in the city. The development is a partnership between Avesta Housing and Portland
One of southern Maine's largest parcels of centrally located undeveloped land has officially changed hands, with immediate plans to invest $20 million in infrastructure upgrades.
Peter “Andi” Vigue succeeded his father, Pete Vigue, as CEO of The Cianbro Cos. on Jan. 1.
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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