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Rising office vacancy rates are driven by hybrid work models and downsizing. Vacancies are offset slightly by conversions to residential development.
The tiny structure, steps from the city's working waterfront, now has a foodie tenant — just in time for the summer tourism season.
Bangor Savings Bank has promoted Ryan Dumond to senior vice president and director of bank fintech partnerships.
A roundup of projects from around Maine includes affordable housing in Madison, a new port of entry in Madawaska and a plan for condos on Portland's East End.
Geoff Iacuessa, president and general manager of the Portland Sea Dogs baseball team, oversees a full-time staff of 22, along with 300 game-day employees.
Spinnaker Trust, a Portland-based wealth management firm, has hired Scott Stefanowicz as director of portfolio management and trading.
Sara Trickett. who will report directly to CEO Melissa Smith, succeeds Hilary Rapkin as chief legal officer and corporate secretary.
Maine Medical Center and Southern Maine Health Care have combined their hospital licenses and medical staffs, establishing a medical center with three campuses that will be branded as MaineHealth Maine Medical Center.
Dayton Benway, who has served as managing principal for the past six years and joined the firm in 2000, plans to retire at the end of 2024.
Bar Harbor Bank & Trust has hired Christopher Rugullies as senior vice president, regional relationship manager.
Sales of electric vehicles rose by 25% last year, with 17 million sold worldwide, according to the International Energy Agency's recent "Global EV Outlook." The trend is led by China, where half of the new cars sold were EVs.
In the U.S., sales of EVs increased by 10% last year, but that was off the pace of 2023, when a 40% gain was recorded.
The report noted a plateauing of sales in Europe, where some countries are rolling back incentives offered to EV buyers.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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