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FedEx is expected to move into the vacant 265,000-square-foot industrial space later this year at 1 Bakers Way in Biddeford formerly occupied by the Hostess Brands bakery, the Portland Press Herald reported.
Maine could soon be joining New Jersey and Indiana as states that have granted Lowe's property tax abatements after the North Carolina-based home improvement chain applied for the tax abatement for six of their Maine locations.
There's a bit more pessimism in the air nationally about lodging this year as Airbnb's growth is exploding.
Beer brewers, coffee roasters and medical marijuana companies are taking over more warehouse space in Portland, driving demand and the price per square foot.
Without a super majority, South Portland city council decides against propane moratorium
Rockland could be in for another wave of resurgence, with the possibility of new development in an 8-acre area on and around Tillson Avenue, The Working Waterfront reported.
Bangor-based property management company R&K Construction has announced plans for the former Pine Tree Inn plot.
The Wiscasset Marketplace, a 34,800-square-foot shopping center on Route 1, has been a mainstay for local consumers of chain and locally owned eateries and shops since it opened in 1980.
A developer is seeking to tear down three historic buildings and two others between 351 and 379 Forest Ave. in Portland to make way for a new CVS pharmacy, the Portland Press Herald reported.
The nonprofit Norway Downtown wants to revitalize the Odd Fellows Building, but its efforts are stymied by the lack of communication from its owner, the Norway Advertiser Democrat reported.
David Banks, who founded RE/MAX By the Bay in 1994 and grew it into one of Maine's largest real estate franchises, has sold off the bulk of his franchises in Portland and Portsmouth, N.H.
Two months after its assets were acquired, the former site of Harbor Technologies has been put on the market for $2.5 million.
A couple of weeks before the Maine scallop season gets underway, fishermen are struggling to find places to keep their boats.
A Biddeford site that has been a bank and also a car dealership has been sold and is now advertised as an ideal lease for another bank or credit union not far from downtown.
221 Woodford St., 55 Ashmont St., and 514 Deering Ave., Portland: Apartment buildings sold to BJB Realty LLC by Bricklight Properties II LLC for $2,150,000. Vince Ciampi of CBRE|The Boulos Co.
Strong neighborhood opposition to a proposed housing development in Ellsworth has led the applicant to withdraw her plan to build condominiums or apartments on Parcher Street.
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 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 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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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 moreThe 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 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.
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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