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Real Estate & Construction
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19th century Camden mill redeveloped for apartments has value-add opportunity
Updated: December 5, 2022The rents were below market and some space that was not being used could go for residential or commercial redevelopment.
Updated: December 5, 2022
New program to help address shortfall of affordable rentals
December 5, 2022Maine needs 20,000 affordable housing units to meet the needs of its lowest-income residents. The new program will help MaineHousing evaluate and fund projects.
December 5, 2022
Music to their ears: Camden approves Bay Chamber expansion
December 1, 2022After more than 60 years, the Rockport arts organization bought its first permanent home in neighboring Camden and almost doubles the size of its footprint.
December 1, 2022Maine's commercial real estate leases for the month of November 2022
November 30, 2022A wrap up of Maine commercial leases that have run in the weekly Mainebiz Real Estate Insiders of November 2022.
November 30, 2022
$5M upgrade of Blue Hill water treatment plant aims to protect it from sea level rise
November 30, 2022The facility is located less than one foot above the highest annual tide and has experienced trouble with outflow as pressure builds during high tides.
November 30, 2022
How to make a career move — and a move to Maine
November 29, 2022Guest columnist Tyler Gaudet, an Augusta-based Realtor, has helped a number of out-of-state buyers make a move to Maine. Here are some of his recommendations.
November 29, 2022
A real estate report touts proximity to a Trader Joe's or Whole Foods, but here's the caveat
Updated: November 30, 2022A report by the real estate tracking firm ATTOM shows that a home's 5-year value went up dramatically if it was near a Trader Joe's or Whole Foods. But Maine's overall home values grew at a similar rate, with or without the stores.
Updated: November 30, 2022
Millinocket nonprofit touts modular homes as a possible win-win for Maine economy
Updated: November 29, 2022With an estimated 20,000 housing units needed, Our Katahdin says modular housing could help ease housing crunch while helping Maine's forest-products industry.
Updated: November 29, 2022
In face of housing crunch, Bar Harbor hotelier proposes employee dorm
November 28, 2022Bar Harbor is grappling with a shortage of affordable housing. A new proposal by a major hotelier would construct an 84-bed dorm for seasonal employees.
November 28, 2022
In SoPo, growing consulting firm finds great visibility in former Weight Watchers building
Updated: November 28, 2022With Weight Watchers hosting meetings online, its physical space was less of a priority. On the market for nine months, the property was priced aggressively.
Updated: November 28, 2022
Millinocket-to-Searsport rail connection proposed to boost distribution of wood pellets
November 28, 2022The goal is to export Maine-manufactured wood pellets around the world, create good jobs and bolster the forest products supply chain across rural Maine.
November 28, 2022
GoGo Refill, a South Portland plastic-free business, will open a Brunswick store
November 22, 2022GoGo Refill will continue to operate its South Portland store, located at 64 E St.
November 22, 2022
In downtown Freeport, a five-property commercial portfolio changes hands
Updated: November 21, 2022The downtown buildings total 48,886 square feet and include retail tentants Orvis, Polo Ralph Lauren, FjallRaven, Estee Lauder and the Loft.
Updated: November 21, 2022
Home costs keep rising but sales slide
Updated: November 21, 2022Tight inventory and rising interest rates contributed to a sales decline of 23.41% from a year ago, though the median home price rose slightly, to $332,000.
Updated: November 21, 2022
A Portland design-build firm will adapt its branding to reflect rapid expansion
November 18, 2022Caleb Johnson Studio’s rebrand to Woodhull shifts focus from founder to team — part of the rapid evolution going on. The firm will move into new HQ space in Portland and is on target to grow revenue from $12 million to $20 million this year.
November 18, 2022
Boutique hotel to open next summer in Portland’s West End
November 16, 2022The Longfellow Hotel, at 754 Congress St., will have 48 guest rooms, a spa, cafe, bar and gym. It is on a site of a former gas station and convenience store.
November 16, 2022
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