Congrats to M.A.C. Realty/Dr. Aaron MacArthur on this recent purchase of 1020 Congress Street in Portland! All three of his practices are growing, and this location will allow for the future expansion of Portland Physical Therapy. Justin Lamontagne, Tom Moulton, and Katie Allen from The Dunham Group brokered the sale. Read the Mainebiz story here.
We are pleased to release our Industrial & Office 2022 Mid-Year Review. This report is powered by the in-depth market knowledge of our team of brokers and their comprehensive internal database of commercial properties. The Mid-Year Review includes insightful analysis on the industrial market from Designated Broker and Partner Justin Lamontagne, CCIM, SIOR, and on… » Read more
The 2022 MEREDA Index was recently released with our own Katie Allen contributing insights on the commercial sector. Often thought to be “the best baseline measure of Maine’s real estate market,” the MEREDA Index is a key economic indicator for the state of Maine. This edition of the MEREDA Index came in at 116.3, jumping… » Read more
The Dunham Group is pleased to announce that brokers TC Haffenreffer and Sylas Hatch have been elected Partners of the firm. “Over the last decade, it’s been a real thrill to see TC and Sylas grow from brand new brokers to two of the preeminent investment brokers in Maine,” shares Designated Broker and Partner Justin… » Read more
Maine’s industrial real estate sector has been booming the past few years, with the pandemic only intensifying the demand for warehouse and manufacturing spaces. From craft breweries to cannabis to life sciences companies like Abbott Labs, Maine is host to some hot industries that are driving the market and the economy. The Dunham Group has… » Read more
Justin Lamontagne was recently featured in the CCIM New England Chapter’s Expert Series discussing the current state of Maine’s industrial market. Watch the video here.
Our annual study and inventory of the industrial real estate market is now available! Download your copy here.
See the Mainebiz real estate highlights from yesterday’s MEREDA Conference here. Our brokers Justin Lamontagne, CCIM, SIOR and Samuel LeGeyt presented the Industrial Market Review and Forecast….“We are mired in a supply and demand imbalance. Landlords have all the leverage and can be selective,” says Lamontagne. The vacancy rate in the industrial sector is a stifling 1.69%… » Read more
The Greater Portland overall industrial vacancy rate dropped below 2% for only the 2nd time ever, continuing a decade-long bull run in the industrial market. The statistics as of July 1, 2021, are astounding and confirm our anecdotal and transactional workload. Today the vacancy rate for over 20,000,000 SF of industrial space is a paltry… » Read more
Vacant lot in downtown Biddeford could be transformed into a vibrant food court for food trucks! A Maine entrepreneur has submitted his proposal to city officials. Read the Press Herald story here. Photo by Carl D. Walsh, Press Herald
