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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.

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Maine Veterans Homes Purchase Land For New Headquarters

30 acre site sold to Maine Veteran’s Homes by Skowhegan Savings Bank at 450 Civic Center Drive in Augusta. Frank O’Connor, CCIM, SIOR brokered the sale, which closed on April 1st. Maine Veteran’s Homes will use the land to build a 25,000 SF administrative headquarters.

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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.

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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.

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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

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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.

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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.

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Industrial Market Survey

If you still have yet to see our recent publication of the “Greater Portland Industrial Market Survey”, please check it out! You can download a PDF copy by clicking the button for it on our homepage. If you would like a hard copy, please feel free to contact Marina Turmelle at 773-7100 or mturmelle@dunham-group.com.

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New & Improved

NAI The Dunham Group is pleased to announce the launch of a newly designed website, which goes live today, May 3rd 2012!