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Real Estate & Construction

  • New Jackson Lab facility includes safeguards to meet unique fire challenges

    January 9, 2018

    The new Jackson Laboratory facility under construction in Ellsworth includes numerous safeguards to minimize the building's unique challenges for local firefighters if it ever catches on fire.

    January 9, 2018

  • Four Maine-based executives weigh in on key sectors of state's economy

    Renee Cordes January 8, 2018

    With the new year upon us, Mainebiz interviewed four executives to get a short-term outlook for their Maine-based businesses and industries: construction, banking, seafood and manufacturing.

    Renee Cordes January 8, 2018

  • Long-time broker publishes guide to business transactions

    Laurie Schreiber January 7, 2018

    Scott Balfour, president and CEO of Magnusson Balfour Commercial & Business Brokers in Portland, has pulled from his 40 years of experience to publish “Buying and Selling a Business: An Entrepreneur’s Guide — From Preparation to Closing.”

    Laurie Schreiber January 7, 2018

  • Portland gets plans for Bayside, waterfront projects

    January 5, 2018

    The City of Portland has received site plans for two major projects, one involving housing in the Bayside neighborhood and the other a boat yard expansion on the western waterfront.

    January 5, 2018

  • Real Estate Transactions January 2018

    January 4, 2018

    4 Horton Place, Topsham: Medical office building sold to CPIMF1 CMHTOME LLC by Jim Howard for $6,976,705.

    January 4, 2018

  • Real Estate Leases, January

    January 2, 2018

    Mattress Firm leased 17,280 square feet at 155 Rumery St., Building 2, in South Portland, from Rumery LLC. Mattress Firm will us the space as a distribution hub. The broker was Charles W.

    January 2, 2018

  • Hathaway redevelopment key part of Waterville resurgence

    Maureen Milliken January 2, 2018

    The new owners of the Hathaway Creative Center in Waterville want to make one thing clear — they're not just jumping on the hot Waterville development bandwagon.

    Maureen Milliken January 2, 2018

  • IDEXX files proposal for expansion in Westbrook

    January 2, 2018

    IDEXX Laboratories, Maine's largest publicly traded company, will hold a public meeting next week to outline an expansion of its headquarters.

    January 2, 2018

  • Jackson Lab plans expansion on Bar Harbor campus

    January 2, 2018

    The Jackson Laboratory is planning to have a 45,000-square-foot warehouse built on its Bar Harbor campus that would be equipped with offices, loading docks and maintenance garages.

    January 2, 2018

  • In Bath, mixed-use building sells for $4.6 million

    Laurie Schreiber December 29, 2017

    Marketing for a 80,000-square-foot mixed-use building at 9 Park St. in Bath generated considerable interest; after a year on the market, it finally sold for $4.6 million.

    Laurie Schreiber December 29, 2017

  • Affordable housing proposed for former South Portland public works complex

    December 27, 2017

    A South Portland reuse planning committee has recommended a public works complex, on six acres between O'Neil and Pitt streets, for development of affordable housing.

    December 27, 2017

  • Maine housing programs get federal grants

    Staff December 27, 2017

    Nine housing programs across Maine were awarded a total of $449,554 through the U.S. Department of Housing and Urban Development's Family Self-Sufficiency Program.

    Staff December 27, 2017

  • New midscale hotel opens near Portland jetport

    Staff December 22, 2017

    Hilton's new, midscale hotel brand, Tru by Hilton, opened today its newest property, Tru by Hilton Portland, at 369 Maine Mall Road in South Portland.

    Staff December 22, 2017

  • South Portland board OKs Avesta's $13M project

    December 22, 2017

    Avesta Housing got the approval of South Portland's Planning Board for its $13 million, 64-unit mixed-income housing project at 586-600 Westbrook St.

    December 22, 2017

  • Maine home sales up double digits in November

    Staff December 21, 2017

    Sales of single-family existing homes in Maine increased by double digits in November, with the 1,576 homes that were sold representing an 11.46% increase over the 1,414 homes sold in November 2016.

    Staff December 21, 2017

  • Naples Golf and Country Club decides to close and liquidate 18-hole golf course

    December 20, 2017

    After almost a century of being in business, the shareholders of the Naples Golf and Country Club have voted “to close, liquidate and dissolve the corporation.”

    December 20, 2017

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Today's Poll

Has the federal shutdown affected your air travel plans?
Poll Description

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.

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