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Real Estate & Construction

  • FedEx to take over former Hostess plant in Biddeford

    January 22, 2016

    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.

    January 22, 2016
  • Lowe's seeking tax abatements for six Maine locations

    January 22, 2016

    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.

    January 22, 2016
  • Hoteliers brace for impact of Airbnb

    Lori Valigra January 22, 2016

    There's a bit more pessimism in the air nationally about lodging this year as Airbnb's growth is exploding.

    Lori Valigra January 22, 2016
  • Warehouse shortage fueled by nontraditional uses

    Peter Van Allen January 22, 2016

    Beer brewers, coffee roasters and medical marijuana companies are taking over more warehouse space in Portland, driving demand and the price per square foot.

    Peter Van Allen January 22, 2016
  • South Portland propane moratorium unable to obtain needed super majority

    January 21, 2016

    Without a super majority, South Portland city council decides against propane moratorium

    January 21, 2016
  • Tillson Avenue in Rockland the newest site for redevelopment

    January 21, 2016

    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.

    January 21, 2016
  • Renovation plans revealed for Bangor's Pine Tree Inn

    January 20, 2016

    Bangor-based property management company R&K Construction has announced plans for the former Pine Tree Inn plot.

    January 20, 2016
  • New owner to spruce up Wiscasset shopping center

    Laurie Schreiber January 18, 2016

    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.

    Laurie Schreiber January 18, 2016
  • Developer seeks to demolish Portland buildings for CVS pharmacy

    January 12, 2016

    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.

    January 12, 2016
  • Revitalization of Norway's Main Street held up

    January 11, 2016

    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.

    January 11, 2016
  • RE/MAX By the Bay founder downsizes to focus on clients

    January 11, 2016

    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.

    January 11, 2016
  • Former Harbor Technologies facility on the market

    Laurie Schreiber January 10, 2016

    Two months after its assets were acquired, the former site of Harbor Technologies has been put on the market for $2.5 million.

    Laurie Schreiber January 10, 2016
  • Maine scallop fishermen lack moorings for boats

    Dylan Martin January 7, 2016

    A couple of weeks before the Maine scallop season gets underway, fishermen are struggling to find places to keep their boats.

    Dylan Martin January 7, 2016
  • Former bank site in Biddeford sells for $790K

    Laurie Schreiber January 4, 2016

    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.

    Laurie Schreiber January 4, 2016
  • Real Estate Sales, January

    January 4, 2016

    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.

    January 4, 2016
  • Developer drops Ellsworth condo plan after resistance from neighbors

    December 31, 2015

    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.

    December 31, 2015

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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.