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Real Estate & Construction
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Marginal Way purchase reflects strong value trends
Laurie Schreiber May 14, 2017Northland Enterprises LLC's purchase of 63 Marginal Way in Portland isn't the commercial real estate development company's typical kind of acquisition.
Laurie Schreiber May 14, 2017
Bill cutting red tape for mill redevelopment gets Senate OK
Staff May 10, 2017The Maine Senate on Tuesday gave unanimous initial passage to a bill by Sen. Nate Libby, D-Lewiston, that would cut red tape on the redevelopment of former mill sites across the state.
Staff May 10, 2017No movement in standoff putting $110M of transportation bonds at risk
Staff May 10, 2017Neither side is budging in the standoff between Gov. Paul LePage and State Treasurer Terry Hayes over her selection of a Dallas-based law firm to oversee the state's bonds as they go to market.
Staff May 10, 2017
Maine Med might change location of planned $70M parking garage
May 10, 2017Maine Medical Center is considering changing the location of a planned $70 million, 13-story parking garage that's part of its overall $512 million expansion.
May 10, 2017
Legal settlement opens way for proposed $240M biorefinery project
May 9, 2017A legal dispute between the owner of the former Great Northern Paper Co. in East Millinocket and a prospective buyer that wants to build a $240 million biorefinery there has been settled, clearing the way to a sale of the property.
May 9, 2017
Commercial bank puts Westbrook office building on the market
May 9, 2017U.S. Bank, the commercial bank that bought Westbrook's largest office building in a foreclosure auction this February, is advertising the six-story building to prospective buyers and tenants.
May 9, 2017
Unsolicited offer leads to $900K sale in growing area of Scarborough
Laurie Schreiber May 8, 2017SCARBOROUGH — The property located at 226 Gorham Road in Scarborough — comprising a 14,100-square-foot storage facility and 2,400-square-foot commercial building on 1.9 acres — was never on the market.
Laurie Schreiber May 8, 2017
Orono Brewing to create 'brewery growth' hub
Staff May 8, 2017Orono Brewing Co. said Monday it will develop a 10,000-square-foot space that's been vacant for four years.
Staff May 8, 2017
Retail, housing proposed for former Bath YMCA lot
May 5, 2017Housing and multi-use development were recently proposed for the vacant former YMCA lot in Bath.
May 5, 2017
WEX eyes Portland waterfront for its global headquarters
Staff May 5, 2017WEX Inc., a South Portland-based fleet card and payment solutions company, is hoping to locate its global headquarters on Portland's east end waterfront on a parcel of city-owned land across from the Ocean Gateway complex.
Staff May 5, 2017MEREDA announces 2016's top real estate projects
Staff May 4, 2017The Maine Real Estate and Development Association, the state's leading organization for commercial real estate, has selected the top 10 real estate developments from 2016.
Staff May 4, 2017
Buyers 'from away' spurring sales of inns and B&Bs
Laurie Schreiber April 30, 2017There have been quite a few inn and bed-and-breakfast transactions over the past half-year. Many buyers appear to be coming “from away” in search of a new career path.
Laurie Schreiber April 30, 2017Real Estate Transactions June 2017
April 29, 20171 Riverfront Plaza, Westbrook: 130,726-square-foot office building sold to Maine Medical Center by One Riverfront Plaza Holdings LLC for $10.75 million.
April 29, 2017Brunswick board OKs office/retail complex near Cook’s Corner
April 28, 2017Brunswick's planning board approved plans for a campus-style complex of large medical office buildings and smaller retail lots near Cook's Corner.
April 28, 2017
'Boxing day' for Eaton Peabody on eve of Portland move
Renee Cordes April 27, 2017After outgrowing its Portland office in just four years, Bangor-based law firm Eaton Peabody will move to bigger digs this Friday at 100 Middle St.
Renee Cordes April 27, 2017
Portland developer submits winning bid for working waterfront wharf
April 26, 2017A Portland real estate developer submitted the winning $510,000 bid in a bankruptcy auction April 25 to purchase a fishing wharf in Garrison's Cove on Bailey Island in Harpswell. The sale is subject to court approval.
April 26, 2017
Today's Poll
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
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.
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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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