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Mainebiz publishes commercial real estate leases every Thursday in the Real Estate Insider newsletter. Here's a roundup of the leases from the month of August 2024.
Maine has seen a lengthy menu of restaurants come, go and turn over ownership. Let’s take a foodie trip around the state to look at some of the changes.
Maine's median home price broke the $400,000 mark for the first time in June and, while the market has cooled somewhat from the pandemic, the quest for an affordable house remains a challenge.
The event, scheduled for Nov. 13-15, will kick off with a day of field trips including to the University of Maine's Advanced Structures and Composites Center in Orono.
The target market is year-round residents who are not earning enough to purchase a home in the escalating market — a group referred to as the “missing middle” in housing discussions.
The town’s median home price in 2022 was $804,500. But the median household income was $133,033, enough only to afford a home priced at $419,773.
This will be the credit union's first entry into the Saco market. The intention is to use the space for existing loan operations center in Scarborough and as a retail presence with video teller technology.
The website comes in the wake of recent changes in the real estate industry, including shifts in disclosure of buyer's agency compensation and updates to the MLS system.
Sam LeGeyt, who joined the Dunham Group in 2018, is a high-volume producer and became a partner in January.
The landing is expected to help address a shortage of dock space and provide greater space and access to various uses.
The new location is Portside's second in the region, after the firm acquired a Belgrade real estate agency in May.
The median statewide sales price was $399,250, a decline from June, when the median price was at an all-time high of $406,000.
Of three offers submitted for the vacant building, the Cavalry Chapel Belfast bid was selected because it “had the top-scoring response,” the Orono school said.
The expansion would mean 95 new hires. Referring to the area’s housing crunch, a local resident asked, “Where are these people going to live?”
At the height of the summer vacation — and summer reading — season, Mainebiz asked business movers and shakers about the pages they're turning.
Among other news, the Saco River Corridor Commission will meet Aug. 28 to discuss a proposal by the University of New England to build a pier on the Saco River.
Sponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
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.
Learn MoreWork 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.
Learn MoreWhether 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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