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Here's a roundup of commercial leases compiled from the weekly Real Estate Insider.
The addition of the machine shop will help Howell Laboratories expand its footprint in Navy shipbuilding, the company says. With the purchase, it now employs 70 people.
Friends of Acadia’s housing strategy, developed in partnership with the park, calls for a total of 130 new beds for seasonal workers at Acadia National Park and its partners.
The transition reflects a goal to continue to expand the company’s reach and capabilities beyond Maine.
Chessell McGee has more than 20 years of experience in Maine real estate, representing buyers and sellers on nearly 150 transaction sides.
Last held in 2019, the family-friendly fundraiser features bowling, giveaways, bites, brews and a silent auction with proceeds going to Maine Cancer Foundation.
The nonprofit has outgrown some quirky and chopped-up spaces over 30 years. In one, staffers were “stuffed into a hallway-like space.” The new lease has a better layout.
The pandemic exposed a dire shortage in early childhood professionals in Maine. Sweatt-Winter serves as a lab school for UMF students majoring in early childhood education or early childhood special education.
The Hallowell Area Board of Trade, a local property management and apartment rental company servicing central Maine, has appointed Nick Lacasse as its new president.
A new 85,000-square-foot facility will combine manufacturing, administration and inventory, which is now split up between several leases.
This will be the Portland-based credit union’s sixth location, designed to fill a gap in the Dunstan Corner neighborhood of Scarborough.
Freeport Village Station has more than 120,000 square feet of space, three-quarters of which is leased. The new management firm plans to raise the visibility of the shopping center.
A report from Bankrate says a homebuyer in Maine would need to make in excess of $102,000 a year to afford a house valued at the median sales price, up from $62,000 in January 2020.
The money will go toward rebuilding a bulkhead and launch ramp and installing water and sewer systems. The improvements will make the site more usable for tenants and could help them expand their businesses.
The seasonal employee dorm opens inventory for year-round housing. “We knew we were indeed part of these challenges and expressed that we genuinely wanted to be part of the solution,” said hotelier David Witham.
The Dunn Bar, an Irish pub in Biddeford, is expanding its offerings internationally with the opening an Italian restaurant next door.