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Real Estate & Construction
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Tru Brit team posts over $29M in transactions in 2023
Updated: February 16, 2024The group is closing in on $300 million in real estate sales for the decade since it was formed in 2013.
Updated: February 16, 2024
Great Falls Construction breaks ground on Sebago fire-equipment site
Updated: February 16, 2024The 4,900-square-foot building will have bays for emergency engines and utility emergency response equipment use and storage, and a modern decontamination room.
Updated: February 16, 2024
Kingfish, Maine Plywood, Tanbark among grant recipients for electrical upgrades
February 14, 2024Kingfish Maine, Tanbark Molded Fiber Products, Maine Plywood USA, Five Pillars Butchery, Heiwa Tofu and the Holy Donut will receive public funding to pay for upgrades to electrical infrastructure.
February 14, 2024
'Maine Cabin Masters' star is looking for fan input for her next home decor line
February 13, 2024Ashley Morrill, from the hit reality TV show, is seeking fan input for her Rustic County line of home décor.
February 13, 2024
With final touches, Northern Light prepares to open $27M ‘modernized’ Greenville hospital
February 13, 2024The replacement of a century-old facility is one of two modernization projects Northern Light Health has undertaken recently.
February 13, 2024
Portland seeks business tenant for tiny, eight-sided waterfront property
Updated: February 13, 2024The city aims to lease the gazebo to a food vendor, local artist or retailer who would set up shop in 77 square feet of gross building area.
Updated: February 13, 2024
$54M targeted to coastal storm resilience and rebuilding in Maine
Updated: February 12, 2024A $50 million proposal would help communities rebuild infrastructure and enhance climate resiliency; $4.4 million is available to increase electrical grid resilience to extreme storms.
Updated: February 12, 2024
Acadia’ planned $32.6M maintenance building will now include solar power, EV chargers
February 9, 2024The project will remove an inefficient 20,000-square-foot maintenance complex, four temporary trailers and 11 outbuildings, and construct a new LEED Silver facility.
February 9, 2024
Portland-based Wright-Ryan Construction marks 40 years in business
Updated: February 12, 2024In 2023, the employee-owned company became construction manager on the Tekαkαpimək Contact Station at Katahdin Woods and Waters National Monument.
Updated: February 12, 2024
Ellsworth, already seeing a building boom, is being noticed by investors in short-term rentals
Updated: February 9, 2024The news of the city being a hot-spot for short-term rental investment may be a good sign for the economy, but creates a challenge for the already-tight housing market.
Updated: February 9, 2024
Farmingdale operations center to accommodate Maine State Credit Union growth
Updated: February 8, 2024Added branches in the past two years have propelled growth in loans, deposits and the need for an eBranch call center, which handles over 300 daily calls.
Updated: February 8, 2024
Rock City Coffee plans to move roasting operations from Rockland to Rockport
Updated: February 12, 2024Moving the roastery from Rockland will be bittersweet, but the Rockport location will allow operations to be laid out more rationally, with room for growth. The Rock City Cafe's Rockland location will stay where it is.
Updated: February 12, 2024
Unity Environmental University donates Unity arts center to a Waldo County charter school
February 7, 2024With Unity Environmental University shifting operations to New Gloucester, the school has donated an arts center in its namesake town to the Ecology Learning Center.
February 7, 2024
Chase Bank plans to make a bigger footprint in southern Maine
Updated: February 7, 2024Chase, which has five branches in southern Maine to be followed by a sixth this year, plans to add another southern Maine location amid a nationwide expansion by the Wall Street banking behemoth.
Updated: February 7, 2024
Portland’s residential market buoyed by strong demand, in-migration
Updated: February 12, 2024In five years, the average cost of a single-family home in Portland increased 74%, from $316,250 to $550,000, although the rate of increase has slowed.
Updated: February 12, 2024
Legacy Properties cautiously optimistic for 2024
Updated: February 12, 2024More balance, communication and cooperation between buyers and sellers could reverse the exaggerated market volatility brought about by the pandemic.
Updated: February 12, 2024
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