Casco Bay Steel Purchases 114,720 SF Industrial Complex

Casco Bay Steel recently purchased a 114,720 SF industrial complex on 12.88 acres from P & W Real Estate Corporation at 1 Runway Road in South Portland. Tom Dunham, SIOR brokered the sale, which closed on April 1st.

2-year Site Search and Analysis Leads Synergent to the Right Space

Synergent leases space at Pineland Office Campus for it’s new data processing and operations space need. Justin Lamontagne completed a 2-year site search and property analysis for Synergent leading to a 5,155 SF lease with plans to expand up to 15,000 SF over four years.

Industrial Market Review & 2014 Forecast

Justin Lamontagne presented the Southern Maine Industrial Review & 2014 Forecast at MEREDA’s Annual Conference. See the full presentation here.

1031 Tax Deferred Exchange

What impact will changes to the tax code have on
commercial real estate investors? In Justin’s most recent
MaineBiz column, he discusses this tax sheltering tool and
why he expects it to grow in popularity in 2013 and beyond.
READ HERE

Greater Portland Office Review

Katie Allen and Tom Moulton, CCIM, SIOR recently created a review summarizing the current state of the Greater Portland Office Market. The review discusses leasing, investment, owner occupied properties and new developments as well as an outlook with 2012/2013 predictions.

Greener Postures Opens Second Location

Greener Postures Yoga recently leased 4,000 SF of retail space at 65 West Gray Road at Falmouth Crossing. Studio set to open this Fall.