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Following the merger, Welch Sign and Bailey Sign will maintain their brand identities while operating as a unified business.
While details are still skimpy, the hotelier says the new Hyatt Studios will be an extended-stay property with 122 rooms.
The home, which dates to 1920 and was refreshed this year, has views of Casco Bay from nearly every room. It has three bedrooms, three bathrooms, two primary suites, a "chef-inspired" kitchen and exterior features including a firepit and patio.
Real estate news around Maine includes a new apartment complex in Portland's Bayside neighborhood, a home for nonprofits planned in Kittery and awards for construction firms in Fairfield and Portland.
Lauren Jones, a Realtor at F.O. Bailey Real Estate in Falmouth, launched an agent website as a platform to bring together the Maine and New York City markets. The locales have significant populations sharing ties and roots.
ZIP code 04110 has previously ranked as Maine's most expensive. After a 60% increase in home prices, it's now one of the most expensive in the entire region.
Fiber Materials Inc. has leased a 52,000-square-foot plant in Biddeford that will ramp up capacity and house a center to develop products for extreme environments.
Mast Construction, specializing in historic restoration, renovations and masonry, spent four years looking for the right space for expansion. It finally found a fitting industrial building on the West End.
Maine's most populous county will establish its base of operations at 27 Northport Drive, consolidating departments that are decentralized and don’t have enough space.
The median price for purchasing an existing single-family home reached $376,000.
American Steel and Aluminum said the 50,920-square-foot building will be used for storage and to increase heavy-plate cutting capacity.
The third-generation cottage-style lodging listed for $15 million. The buyer plans to spend $10 million for renovations.
The buyer of a freestanding, 4,590-square-foot building in downtown Freeport was attracted to its size and prime location.
Sheridan “has been pivotal in contributing to Waterville and the broader region's ongoing redevelopment,” said Central Maine Growth Council’s Garvan Donegan.
Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in November 2023.
Encompass Health Corp., based in Alabama, hopes to build a 50-bed facility near Bangor International Airport. The proposed hospital would be the company's second in Maine.