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After long downturn, seaside inns find new investors
Laurie Schreiber February 20, 2017Migis Hotel Group's purchase of the Higgins Beach Inn in Scarboroug is part of considerable transactional activity among independently owned hotels along the coast over the past year. Sales of other legacy resorts like the Linekin Bay Resort in
Laurie Schreiber February 20, 2017Scarborough firm acquires two Boston properties
February 17, 2017The RAM Cos., a Scarborough-based acquisition, development and management firm, closed this week on a $10.1 million purchase of two properties in the Boston suburbs.
February 17, 2017Millinocket loses bowling alley in snowstorm
February 14, 2017Millinocket lost a central part of its community when the roof at Katahdin Pins 'n Cues collapsed during the Feb. 12 snowstorm. The sudden buckling was powerful enough to project debris across the street.
February 14, 2017
With industrial space at a premium, developer plans to build warehouses in South Portland
Laurie Schreiber February 11, 2017A 9.85-acre parcel at 2401 Broadway in South Portland that had been on the market for a decade will become the site of some 60,000 square feet of warehouse space. Rob Plummer, founder and president of Eastern Excavation in Westbrook, purchased the
Laurie Schreiber February 11, 2017Benchmark expansion reflects hot Portland market
Laurie Schreiber February 10, 2017Benchmark Residential & Investment Real Estate's addition of nine people, as well as a second office in Portland, is another reflection of the hot demand in the real estate market.
Laurie Schreiber February 10, 2017Jasper’s in Ellsworth closes after 60 years
February 10, 2017After 60 years in business, Jasper's Restaurant in Ellsworth has served its last meal.
February 10, 2017Lewiston extends developer’s option on Bates Mill No. 5
February 9, 2017Lewiston's city council gave developer Tom Platz a one-year extension on his option to buy and redevelop Bates Mill No. 5, the last and most challenging building of the sprawling Bates Mill complex to be redeveloped.
February 9, 2017
Demolition begins at GNP mill in East Millinocket
February 8, 2017Demolition work at the former Great Northern Paper Co. mill in East Millinocket began this week.
February 8, 2017
Portland affordable housing firm pays $65M for Mass. property
Staff February 8, 2017Silver Street Development Corp., a Portland-based affordable housing firm, acquired a 250-unit development in Salem, Mass., in a deal worth $65 million.
Staff February 8, 2017Soft opening for redeveloped South Portland armory
February 7, 2017A $5.2 million project that repurposed the former National Guard armory in South Portland into a gas station and office building is scheduled for a soft opening on Feb. 10.
February 7, 2017
Bangor Savings Bank opens Augusta branch
February 6, 2017Bangor Savings Bank opened a new full-service branch in Augusta on Feb. 2.
February 6, 2017
Hilton plans South Portland hotel aimed at millennials
Staff February 6, 2017Tru by Hilton will be South Portland's first new hotel in over a decade when it opens in October.
Staff February 6, 2017
Affordable housing a challenge in Portland's hot market
February 6, 2017Portland is on the map, nationally and internationally, as a great place to live, says Vitalius Real Estate Group principal Brit Vitalius.
February 6, 2017
Ramblers Way set to open N.H. store
February 3, 2017Ramblers Way, a Kennebunk-based apparel company started by Tom's of Maine founder Tom Chappell, continues its retail expansion.
February 3, 2017Real Estate Transactions February 2017
February 2, 201780 Pleasant Ave., South Portland: 7,608-square-foot industrial building sold to Maine Exchange Services LLC by BOGA LP for $840,000.
February 2, 2017
Lewiston seeks cleanup funds to advance Bates Mill No. 5 project
February 2, 2017Lewiston has applied for a $200,000 federal cleanup grant to do environmental work that's seen as an essential next step for the $70 million redevelopment of Bates Mill No. 5 by Platz Associates of Auburn.
February 2, 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.
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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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