Dunham in the News
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Brewery Extrava Joins Portland’s East Bayside Brewery Scene
A new Belgian-inspired brewery, Brewery Extrava, will join the hopping brewery scene in East Bayside this spring! The 5,000 SF space at 66 Cove Street will house the brewery as…
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Bangor Savings Expands Campus on Waterfront
Bangor Savings Bank’s newly built flagship campus has added another building to the home base. On February 11th, the bank purchased 36 Pleasant Street, a 28,780± SF waterfront office building…
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2019 Industrial Forecast
In case you missed the MEREDA Annual Forecast Conference, Maine Real Estate and Development Association has posted all the video content on YouTube. Here is Justin Lamontagne‘s industrial forecast!
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WEX Set to “Come Home” to Portland in January
WEX’s new 105,000 SF waterfront headquarters is expected to be move-in ready by late January. The company will bring about 400 employees to the impressive building, which broke ground back in…
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Historic Waterfront Portfolio Sells to Local Developer
Historic waterfront site next to South Portland’s Bug Light Park has passed from one family of developers to another. Thomas Moulton and Katie Millett brokered the sale. Read the Mainebiz…
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Flowfold Acquires New HQ in Gorham
The rapidly growing outdoor and lifestyle brand, Flowfold, has acquired 16 Sanford Drive in Gorham. This 7,500-square-foot multi-tenant industrial building will serve as the company’s new headquarters. The move was…
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Office Market Update – Summer 2018
The Greater Portland Office market has continued at a steady pace in the first half of 2018; there are currently 1.5± MM square feet of office space available for lease.…
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Investment Market Update – Summer 2018
The Southern Maine investment market remains robust. Out of state investors, 1031 tax deferred exchange transactions and historically low interest rates have all contributed to the continued strength of investment…
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Industrial Market Update – Summer 2018
After 20+ quarters of shrinking vacancy rates and rising lease prices, the Southern Maine industrial sector finally saw signs of slight market correction. Vacancy rates have risen for the first…
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New Listing: Children’s Museum of Maine Building at 142 Free Street
New on the market! We are pleased to offer the The Children’s Museum of Maine building for sale. Located at 142 Free Street, this is a unique opportunity to own…
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‘Layered’ Deal at Foden Road in South Portland
‘Layered’ deal at Foden Road in South Portland results in a commercial condominium agreement for Agren Appliance and Bedderrest. Read the summary by Mainebiz here. We are also listing the…
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Industrial Vacancy Rate at All-Time Low
Greater Portland’s industrial vacancy rate is at an all-time low. Justin Lamontagne speaks with Mainebiz about this economic crisis.
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Annual Forecast Conference & 2018 Industrial Market Survey
Here is a summary of the talking points from MEREDA’s annual Forecast Conference yesterday; 900 people were in attendance! Justin Lamontagne delivered his annual Southern Maine Industrial Forecast and unveiled…
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Richardson Allen Building Manufacturing Facility in Mill Brook Business Park
Richardson Allen, high-end outdoor furniture makers, purchased a 3.81 acre lot in Mill Brook Business Park in Saco to construct a new manufacturing plant. They are expected to move into…
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385 Congress Street – Former Press Herald Print Building – Sold
This highly visible part of downtown encompasses an entire city block, right next to City Hall. The 2.2± acre property consists of an industrial building (formerly the Press Herald print…