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Real Estate & Construction

  • No conspiracy here: Masonry adapts to sustainability trends

    March 10, 2016

    Boothbay Harbor-based Norton Stone & Tile, Joe Norton's business of building walls of stone and tile in artistic patterns, has proven profitable for more than a decade, the Boothbay Register reported.

    March 10, 2016
  • Darling's Auto plans $5M Augusta expansion

    March 8, 2016

    The Darling's Auto Group dealership in Augusta this summer is slated to move into a new and larger facility with an expanded service bay, which is expected to improve customer service and allow Darling's to become a Business Choice Dealer, which

    March 8, 2016
  • LHL Holdings gets green light for updated mill project

    March 7, 2016

    The Biddeford Planning Board approved a Kennebunkport-based real estate developer's amended site plans for the former Lincoln Mill's renovation into 181 market-rate apartments.

    March 7, 2016
  • Jackson Lab to ramp up Lowe's conversion

    March 7, 2016

    The Jackson Laboratory's planned expansion at the old Lowe's home improvement retail store in Ellsworth is expected to create jobs and boost economic development.

    March 7, 2016
  • Development heats up in Milbridge

    March 7, 2016

    Representatives of a handful of businesses and organizations that have opened or relocated here say Milbridge is a good place to be, the Bangor Daily News reported.

    March 7, 2016
  • How To: Sublet your way around a commercial real estate shortage

    Justin Lamontagne March 7, 2016

    At its most basic level, subleasing gives tenants an opportunity and right to find replacement tenants for their own space if things change.

    Justin Lamontagne March 7, 2016
  • Cook's Corner mall investment leverages regional drawing power

    Laurie Schreiber March 6, 2016

    Katz Properties, the new owner of Cook's Corner in Brunswick, sees a high-traffic, “community power center” that still has plenty of opportunity.

    Laurie Schreiber March 6, 2016
  • Waynflete proposes $12M renovation and expansion

    March 1, 2016

    A private prep school in Portland's historic West End neighborhood is proposing a $12 million renovation and expansion project to its 118-year-old campus.

    March 1, 2016
  • Windham Renys the next “sweet spot”

    Laurie Schreiber February 28, 2016

    Renys, the family-owned discount department store, leased 27,000 square feet of corner space in the Windham Mall, on Route 302, for its 17th store.

    Laurie Schreiber February 28, 2016
  • Real Estate Transactions, March

    February 26, 2016

    209 Western Ave., South Portland: Retail building sold to Raphael Limited Partnership by REJ I, LLC for $3.2 million. The deal, brokered by Greg Boulos and Vince Ciampi of CBRE|The Boulos Company, closed March 18, 2016.

    February 26, 2016
  • Scarborough developer plans 54-unit apartment complex

    February 25, 2016

    A Scarborough-based real estate developer outlined a plan to add a 54-unit apartment complex to the Eastern Village subdivision in Oak Hill.

    February 25, 2016
  • Wayfair lease gets unanimous approval from city officials

    February 24, 2016

    The online home furnishing retailer that plans to bring nearly 1,000 jobs to Maine has cleared a hurdle in the city of Bangor, where the company plans to bring 450 new jobs.

    February 24, 2016
  • Maine realty trends outpace nation

    February 24, 2016

    Good news continues for real estate agents and homeowners across the state as the Maine Association of Realtors announced a jump in both sale volumes and prices in January.

    February 24, 2016
  • Biddeford FedEx facility sold to Boston real estate company

    February 23, 2016

    A Boston-based real estate investment trust has purchased the former Hostess Bakery location in Biddeford for $12.4 million that is now home to a FedEx Ground Services distribution center.

    February 23, 2016
  • Historic factory will get $6M conversion to apartments

    Laurie Schreiber February 21, 2016

    The former home of Schlotterbeck & Foss Co. is getting new life, thanks to a developer who successfully applied to have it listed on the National Register of Historic Places and is now able to take advantage of tax credits to fully invest in the

    Laurie Schreiber February 21, 2016
  • Cook's Corner purchased by New York firm in $13.2M deal

    February 18, 2016

    The popular Brunswick shopping center Cook's Corner is now under new ownership after a $13.2 million purchase.

    February 18, 2016

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Today's Poll

What's your mode of transportation for Thanksgiving?
Choices
Poll Description

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.