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Real Estate & Construction

  • Apartments planned for former USM dorm

    Jackie Farwell December 30, 2008

    The University of Southern Maine has shed its last remaining dormitory in Portland and a local developer stands ready to breathe new life into the building.

    Jackie Farwell December 30, 2008
  • Realtors knocked for ethics violation

    Mainebiz News Staff December 30, 2008

    The state ethics commission imposed the stiffest penalty possible upon the Maine Association of Realtors political action committee for filing a campaign finance report late.

    Mainebiz News Staff December 30, 2008
  • Stinson redevelopment inches forward

    Mainebiz News Staff December 29, 2008

    The developer planning to renovate the former Stinson Seafood Co. property in Belfast is moving forward, six weeks after announcing his plans to buy the property and turn it into a multi-use complex.

    Mainebiz News Staff December 29, 2008
  • Farewell | In my final column, a look back at this year in Portland commercial real estate

    Drew Sigfridson December 29, 2008

    After four years of writing my From the Ground Up column for Mainebiz, I am stepping aside to let others write about their experiences in and knowledge of the commercial real estate industry in Maine.

    Drew Sigfridson December 29, 2008
  • Real estate data from Dec. 29, 2008 | Building permits, sales and leases from the Dec. 29, 2008, issue of Mainebiz

    December 29, 2008

    Building permits Auburn (November 2008) $6,900,000, 15 Gracelawn Rd., Sisters of Charity Health Systems Inc., new 30,000-square-foot medical office building, contractor: HE Callahan Construction

    December 29, 2008
  • Realtors' PAC may be fined

    The Mainebiz News Staff December 24, 2008

    The Maine state ethics commission might fine the Maine Association of Realtors' political action committee $10,000.

    The Mainebiz News Staff December 24, 2008
  • Maine home sales fall nearly 23% in November

    The Mainebiz News Staff December 24, 2008

    There were approximately 22.6% fewer Maine homes sold in November than during the same month last year, according to new data from the Maine Association of Realtors.

    The Mainebiz News Staff December 24, 2008
  • Vote set for Maine State Pier project

    Whit Richardson December 16, 2008

    Whit Richardson December 16, 2008
  • Log home maker freezes production

    The Mainebiz News Staff December 16, 2008

    A log home manufacturer in Kenduskeag will furlough a dozen production facility employees in January and part of February.

    The Mainebiz News Staff December 16, 2008
  • BNAS watch

    Jackie Farwell December 15, 2008

    Just days after squadrons began flying out of Brunswick Naval Air Station for the last time, a developer’s plan for Navy housing units is causing concern. Here’s a round-up of that and other developments at BNAS.

    Jackie Farwell December 15, 2008
  • Building blocks | Our infrastructure scores a middling grade, and that needs our attention

    John O'dea December 15, 2008

    On Dec. 10, the Maine section of the American Society of Civil Engineers, or ASCE, unveiled an in-depth assessment of our state’s infrastructure.

    John O'dea December 15, 2008
  • Submerged: Battle over land under the Maine State Pier has ripple effect for Portland

    Jackie Farwell December 15, 2008

    One year after the city chose Portland developer Olympia Cos.

    Jackie Farwell December 15, 2008
  • Real estate data from Dec. 15, 2008 | Building permits, sales and leases from the Dec. 15, 2008, issue of Mainebiz

    December 15, 2008

    Building permits Portland (November 2008) $325,000, 30 Market St., ELC Inc., façade renovation and interior tenant fit up, contractor: N/A

    December 15, 2008
  • PowerPay exec buys Biddeford's Riverdam Mill

    The Mainebiz News Staff December 11, 2008

    The CEO of the Portland electronic payment-processing company has purchased the Riverdam Mill in Biddeford.

    The Mainebiz News Staff December 11, 2008
  • Westbrook lux retail center moves forward

    The Mainebiz News Staff December 9, 2008

    A $300 million retail development that may surpass the Maine Mall as the state's largest shopping center was given final approval by the Westbrook Planning Board last night.

    The Mainebiz News Staff December 9, 2008
  • Walsh snags key Bar Harbor property

    The Mainebiz News Staff December 8, 2008

    Hotel developer Tom Walsh has acquired a final, critical parcel along Bar Harbor's commercial waterfront.

    The Mainebiz News Staff December 8, 2008

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Today's Poll

Is your business affected by the government shutdown?
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Poll Description

Sponsored by Kennebunk Savings Bank

The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.

The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible. 

The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.

A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.

But there's growing anxiety over how a protracted shutdown would effect the economy.