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Real Estate & Construction
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Bangor property leased by BJ’s Wholesale Club sells for $12.5M
Laurie Schreiber February 5, 2025The listing received serious interest from several institutional buyers. Ultimately, it went to a buyer who owns multiple BJ's locations nationwide and quickly closed the deal.
Laurie Schreiber February 5, 2025
The Downs adds office and retail condominium units
Tina Fischer February 5, 2025The 31,753-square-foot building is projected to have 1,600- to 5,000-square-foot retail units on the first floor and 2,400- to 10,627-square-foot offices on the second and third floors.
Tina Fischer February 5, 2025
After scrapping plans for salmon farm, Nordic Aquafarms lists Belfast site for $2M
Laurie Schreiber February 5, 2025Nordic abandoned the land-based salmon farm project last month, after the Belfast City Council vacated an action to seize key mudflats for intake and discharge pipes.
Laurie Schreiber February 5, 2025
Portland’s Eastern Promenade to see new condo construction
Tina Fischer February 4, 2025Thirteen luxury condos will replace an apartment building at 246 Eastern Promenade, a street that has not had a new development in more than five decades.
Tina Fischer February 4, 2025
Lewiston’s refurbished Picker House Lofts is now welcoming tenants
Tina Fischer Updated: February 19, 2025Developer Nathan Szanton said the Picker House Lofts name honors the building’s provenance as a cotton-mill processing center.
Tina Fischer Updated: February 19, 2025
Tiny-home village proposed as permanent supportive community in Bangor
Laurie Schreiber February 4, 2025Homeful Village is modeled after Community First! in Austin, Texas, a mix of formerly unhoused residents, intentional neighbors and services.
Laurie Schreiber February 4, 2025
After $28M revamp, a Northeast Harbor inn will reopen in June
Laurie Schreiber February 3, 2025The project preserved the original structure and added 15 cottages and 17 spa suites with terraces. Features include custom wallpaper, furniture and fixtures.
Laurie Schreiber February 3, 2025Legacy Properties ends 2024 with record-breaking results, surpassing $1B
Laurie Schreiber Updated: February 3, 2025Legacy reported a 23% increase in total sales volume over 2023, driven by a 16% growth in unit sales combined with a higher average selling price.
Laurie Schreiber Updated: February 3, 2025
MEREDA forecast conference scheduled for Feb. 27
Laurie Schreiber Updated: February 3, 2025The conference brings together folks to talk about trends, outlooks and ideas in the real estate and development industries.
Laurie Schreiber Updated: February 3, 2025
Portland industrial software startup HighByte doubles space to accommodate growth
Laurie Schreiber Updated: February 3, 2025The new HQ is viewed as a recruitment tool for the growing company. With both on-site and remote employees, the mission was to find a pleasant, productive environment and proximity to hotels.
Laurie Schreiber Updated: February 3, 2025
Dempsey Center will have new leader and new space in Westbrook’s Rock Row
Tina Fischer January 30, 2025Dempsey Center President and CEO Cara Valentino is stepping down. Brandon Hotham will serve as interim amid the move to Rock Row.
Tina Fischer January 30, 2025
First look at USM's future Crewe Center for the Arts
Tina Fischer January 30, 2025The University of Southern Maine will open the $63 million Crewe Center for the Arts in the fall. For now, Mainebiz got a tour of the site under construction.
Tina Fischer January 30, 2025
Where Maine homebuyers came from in 2024
Tina Fischer Updated: January 31, 2025Buyers flocked here from neighboring Massachusetts, but also from farther afield.
Tina Fischer Updated: January 31, 2025
Industrial space is still in short supply in southern Maine, but market is easing
Laurie Schreiber January 29, 2025In its annual market survey, the Dunham Group says the supply of industrial space has been eased by a repurposing of office and retail space.
Laurie Schreiber January 29, 2025
Biddeford housing market continues to expand with 250 new apartments at the Eddy
Tina Fischer Updated: January 30, 2025Reveler Development is completing its Eddy apartment building in Biddeford for occupancy March 1.
Tina Fischer Updated: January 30, 2025
Maine home sales and prices edged up in December
Tina Fischer January 28, 2025Maine's median home sales price edged back up to $400,000 in December, down from an all time high of $409,450 and $385,000 for November.
Tina Fischer January 28, 2025
Today's Poll
Poll DescriptionSponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
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.
Learn More
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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