Company News
-
Mid-Year Update : Greater Portland Office Market Survey
We’re seeing meaningful signs of stabilization in the Greater Portland office market. Overall office vacancy improved to 13.11%, down from 14.09% at year-end 2024, while the average asking rate remained essentially flat at $20.32/SF. While the overall market is approaching equilibrium, we’re seeing a divide between the Downtown and Suburban markets. The suburban market has…
-
Justin Lamontagne Named President of Portland Rotary
Our Designated Broker/Partner, Justin Lamontagne, CCIM, SIOR has been named President of the Portland Rotary Club for the 2026–2027 Rotary year. Justin has been a member of Portland Rotary since 2011, he officially assumed the role in July and will lead one of Maine’s oldest and most active Rotary clubs. As President, he will guide…
-
Southern Maine Industrial Market : 2026 Mid-Year Review
We are pleased to release our 2026 Southern Maine Industrial Market Mid-Year Review, offering a look at current trends shaping Maine’s industrial real estate market. The report finds that while industrial vacancy has risen to its highest level since 2013, the market remains fundamentally healthy and is transitioning from a landlord-favored environment to a more…
-
Welcome Greg Perry!
We are pleased to announce that Greg Perry has joined the firm, bringing more than 20 years of experience in commercial real estate across Maine. Greg has built a distinguished career representing tenants, landlords, buyers, and sellers in a wide range of transactions. Prior to joining The Dunham Group, he spent 16 years at Cardente…
-
How artificial intelligence is shaping the future of commercial real estate in Maine.
The rise of AI in commercial real estate is already here, quietly absorbing the administrative weight that has long defined our days: lease abstractions, comp searches, financial modeling, market reports, and the endless email threads that accompany every transaction. What AI is particularly good at is reducing the friction between the origin of an idea…
-
The Dunham Group Brokers $23.5M Office Sale — Largest in Maine Year-to-Date
The Dunham Group is pleased to announce the successful brokerage of a $23.5 million office investment sale, marking the largest office transaction in Maine so far this year. Tom Moulton, Katie Breggia, TC Haffenreffer and Sylas Hatch brokered the sale. This milestone deal underscores continued investor confidence in well-located, high-quality office assets across the state.…
-
2026 Southern Maine Industrial Market Survey
We are pleased to announce the release of our 2026 Southern Maine Industrial Market Survey, marking the 15th year of our report and a major milestone in Maine market research. The 2026 Survey now tracks over 36 million square feet of industrial inventory across 17 Southern Maine communities, a dramatic expansion from the original 15…
-
Industrial & Office Market Mid-Year Review
We are pleased to share our 2025 Southern Maine Industrial & Office Market Mid-Year Review. The Mid-Year Review includes insightful analysis on the industrial market from Designated Broker and Partner Justin Lamontagne, CCIM, SIOR, and on the office market from Broker and Partner Sam LeGeyt. Read the Mid-Year Review at the link below.
-
2025 Greater Portland Office Market Survey
Our 2025 Greater Portland Office Market Survey is now available. The office market in 2024 remained relatively stable compared to 2023 in terms of deal volume, total square feet leased, and overall vacancy. However, a steady decline has been evident since pre-pandemic levels. Since 2018: • Deal volume has decreased by 30%• Square footage leased…
-
2025 Southern Maine Industrial Market Survey
We are pleased to announce the release of our 2025 Southern Maine Industrial Market Survey. Staying true to our commitment of delivering a comprehensive and insightful report, this 14th edition of the survey once again expanded our geographic coverage. This year we inventoried an additional 2,100,000± SF, adding 45 buildings in Sanford and Wells. Justin…
-
Bryan Plourde Earns Esteemed MAI Designation
We are pleased to announce that Bryan Plourde has earned the esteemed MAI designation (Member, Appraisal Institute). The Appraisal Institute is a global professional association of real estate appraisers. An MAI-designated appraiser has completed advanced coursework, passed rigorous examinations, and met specific experience requirements in commercial property valuation. Holding the MAI designation also signifies the…
-
Sam LeGeyt Earns Prestigious SIOR Designation
The Dunham Group is pleased to announce that Sam LeGeyt has earned the prestigious Society of Industrial & Office Realtors (SIOR) designation. SIOR is the leading global professional office and industrial real estate association. Sam is the 6th Dunham Group broker to earn the SIOR designation and only the 13th in the state of Maine.…
-
Introducing Joe Atwood!
We are excited to announce that Joe Atwood has joined the firm as a new broker/Sales Agent! As an entrepreneur and small-business owner, Joe has years of experience in business planning and development and is a talented relationship builder. His unique skill set and expertise offers a valuable perspective to the firm and its clients.…
-
Southern Maine Industrial & Office Market Mid-Year Review
We are pleased to share our 2024 Southern Maine Industrial & Office Market 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 the office market…
-
Welcome to our New Website!
We are thrilled to announce the recent update of our website, featuring a fresh and modern look! Our goal is to provide our clients with an easy-to-use and intuitive platform. We’re glad you’ve found us, so please explore the new design and experience the enhanced user interface. Check it out and let us know what…