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Real Estate & Construction

  • Office space | Vacancy rates rise in greater Portland, but select sectors show growth

    Justin Lamontagne February 7, 2011

    Last year around this time, I wrote with trepid confidence that things seemed to be improving in the greater Portland office market.

    Justin Lamontagne February 7, 2011

  • Major surgery | MaineHealth settles into its Portland headquarters after a race-against-the-clock renovation

    Jackie Farwell February 7, 2011

    The four-story building at 110 Free St. in Portland has stood in the city’s downtown for more than 50 years, but the former Sears & Roebuck department store has seen more changes in the last months of its life than perhaps ever before.

    Jackie Farwell February 7, 2011

  • Property predictions | A breakdown of Maine's real estate market from MEREDA 2011

    February 7, 2011

    More than 500 real estate professionals gathered in Portland in late January for the Maine Real Estate and Development Association’s annual forecast conference.

    February 7, 2011

  • Ducts in a row | A conversation with Shin Sargent, owner of Integrated Systems of Maine LLC

    February 7, 2011

    Integrated Systems of Maine LLCFounded: October 2010Employees: 2Start-up costs: $18,500Projected revenue, year one: $200,000

    February 7, 2011

  • Kennebec Journal building sale dies

    The Mainebiz News February 3, 2011

    A mental health agency in Augusta has backed out of a deal to buy the Kennebec Journal's headquarters on Western Avenue, citing extensive needed repairs.

    The Mainebiz News February 3, 2011

  • Brewer Lemforder facility sold

    The Mainebiz News Staff February 2, 2011

    A local entrepreneur has bought the former ZF-Lemforder factory in Brewer with plans to use it to make buildings out of shipping containers.

    The Mainebiz News Staff February 2, 2011

  • Husson announces $15M expansion

    The Mainebiz News Staff February 2, 2011

    Husson University is planning a $15 million expansion of its Bangor campus to accommodate growing enrollment.

    The Mainebiz News Staff February 2, 2011

  • Local construction costs hint at recovery

    February 1, 2011

    South Portland's total construction costs more than doubled last year, and Portland also saw a sizeable increase, possibly indicating that the local economy is slowly starting to pick up.

    February 1, 2011

  • Energy retrofit program shuts down

    The Mainebiz News Staff February 1, 2011

    A program offering energy retrofits for Maine homes that received $3 million in federal funding has shut down.

    The Mainebiz News Staff February 1, 2011

  • Central ME condos up for auction

    The Mainebiz News Staff January 27, 2011

    Eight units at a condominium complex near the Natanis Golf Course in Vassalboro are headed for the auction block, after the developer failed to make mortgage payments.

    The Mainebiz News Staff January 27, 2011

  • Innovation nation | Hopeful signs emerge in a tough venture capital market

    Michael Gurau January 24, 2011

    For the past year or so, I have described — bemoaned, really — the difficulties our country faces in dealing with a challenged venture capital marketplace (lots of deals, not much capital) and a deficit- and politically-informed reduced federal ro

    Michael Gurau January 24, 2011

  • Home sales fall in December

    The Mainebiz News Staff January 21, 2011

    Maine home sales dropped in December for the sixth consecutive month, while the median sales price continued its uptick.

    The Mainebiz News Staff January 21, 2011

  • Thomas College plans major expansion

    The Mainebiz News Staff January 19, 2011

    Thomas College in Waterville yesterday unveiled a new master plan that includes nearly doubling the size of its campus to accommodate its growing enrollment.

    The Mainebiz News Staff January 19, 2011

  • Bayside Village in new hands

    January 18, 2011

    The Bayside Village student housing project has been sold to national real estate investment company The Federated Cos., which bought the property Dec. 30, 2010, for $9.2 million.

    January 18, 2011

  • Cianbro nets new module contract

    The Mainebiz News Staff January 18, 2011

    Pittsfield-based Cianbro Corp. has won a second contract for module work at its Brewer facility.

    The Mainebiz News Staff January 18, 2011

  • Stinson cannery sale again delayed

    The Mainebiz News Staff January 17, 2011

    The sale of the former Stinson Seafood cannery in Prospect Harbor has again been delayed, this time for unspecified reasons.

    The Mainebiz News Staff January 17, 2011

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Today's Poll

Does cruise ship season help your business?
Poll Description

Sponsored by Kennebunk Savings Bank

Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.

This week alone, Portland is set to welcome around 16,000 cruise ship passengers.

But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.

When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.

More than half of the respondents, 53%, said cruise ships benefit the overall economy.

More Information