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Real Estate & Construction
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A roundup of commercial real estate sales for the month of January
Updated: February 5, 2024Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in January 2024.
Updated: February 5, 2024
North Deering flex building sells as investment with space to expand gym business
Updated: February 5, 2024The 87,515-square-foot Northport Business Park property was marketed as conveniently located, climate-controlled, with 18-foot clear height and significant parking and infrastructure.
Updated: February 5, 2024
With deal to buy campus house, UMaine closes the book on fraternity chapter
Updated: January 31, 2024The former house of Sigma Alpha Epsilon, which shut down in 2018, will be razed to make room for a $8.7 million steam plant expansion on the UMaine campus in Orono. The property owner says the university system isn't paying a fair price.
Updated: January 31, 2024
Developer pauses storm-damaged Spinning Mill project in Skowhegan
Updated: January 30, 2024Dash Davidson said he's putting work on hold until he raises more funds to cover the costs of the storm's damage.
Updated: January 30, 2024
Benchmark Real Estate's next COO brings nearly a decade of industry experience
January 29, 2024Benchmark Real Estate in Portland, led by Tom Landry, has appointed Courtney Collins as its chief operating officer.
January 29, 2024
NH developer of Kittery’s Hampton Inn has another project coming, next door
January 29, 2024Kittery is drawing the attention of out-of-state developers. The board approved a boutique inn in December and a hotel, apartment building and commercial building this month.
January 29, 2024
ProsperityME launches initiative to develop affordable housing
Updated: January 29, 2024During the pandemic, it became apparent there weren’t enough rentals for asylum seekers who rely on general assistance funds until they can legally work in the U.S.
Updated: January 29, 2024
Westbrook residential development is nation’s first to use TimberHP's insulation
Updated: January 29, 2024Wood fiber insulation pioneers “a movement toward more energy-efficient and healthier living environments,” said one developer.
Updated: January 29, 2024
Buyer of Kennebunk B&B brings previous hospitality experience
Updated: January 29, 2024The inn was doing good business, but still had a lot of upside, given the size and location of the property, the buyer said. “So I thought, ‘There’s real opportunity here.’”
Updated: January 29, 2024
Forestry fund looks for environmental, financial returns in purchase of 3,000-acre Greenville forest
January 24, 2024Carbon storage, long-term forest health, wildlife habitat, and sustainable timber production are part of the mission for a new “climate-smart” timber investment fund.
January 24, 2024
Team behind Time & Temp conversion gets OK for Brunswick housing development
Updated: January 24, 2024Wilbur's Woods, at 0 McKeen St. on 4.87 acres, will feature 21 three-bedroom homes available for sale and an 18-unit multifamily residence, with rental units.
Updated: January 24, 2024
Now with $25M in funding, overdue Portland Harbor dredging will finally move forward
January 23, 2024The project will open up piers that haven’t been dredged in more than 70 years and are filling with sediment, decreasing water depths and causing a decline in available berthing for the working waterfront.
January 23, 2024
Off to the races: Investor group bets big on harness racing in southern Maine
Updated: January 24, 2024First Tracks Investments LLC is seeing an increase in betting revenue from races at Cumberland Fairgrounds and plans to build a new track in southern Maine. Mainebiz went to the track for the story and bonus audio report.
Updated: January 24, 2024
Hotel development underway for 19th-century building, adjacent lot in Kittery
January 22, 2024A feature of the inn will be a touchless technology system. Advantages of the location include proximity to “the heart of the Foreside vibe.”
January 22, 2024
Twice today's inventory is needed to fill Maine's shortage of homes
January 22, 2024Buyer demand is expected to remain strong. Move-in ready, properly priced properties continue to receive multiple offers in most areas of Maine.
January 22, 2024
S.W. Collins operations manager recognized as ‘rising star’ in hardware and building supply industry
Updated: January 22, 2024In 2020, Clara Collins became part of the sixth generation to join her family’s business. The “top women” designation received a record number of nominations in 2023.
Updated: January 22, 2024
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