Justin Lamontagne to Speak on NEREJ Summit Panel

On June 29th, New England Real Estate Journal will hold their 2017 Summit – Northern New England State of Commercial Real Estate at the Portsmouth Harbor Events & Conference Center. Justin Lamontagne will a part of the panel of speakers at this event! Register here. 

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Maine Medical Center Purchases One Riverfront Plaza in Westbrook for $10.75 Million

Exciting news for downtown Westbrook! MMC purchased One Riverfront Plaza for $10.75 million. NAI Dunham Group’s Charlie Craig and NAI Hunneman represented the seller. Maine Medical Center plans to use the 131,000 square foot office building to house its integrated information services team and other administrative functions that are currently spread across eight office locations. Read… » Read more

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Developer Making Changes to Former Wharf Street Nightclub Space

New owner/local developer, Fore Street Partners, is happy to welcome Higher Grounds Café to 45 Wharf Street. In January of 2016, the owner and its affiliated companies purchased approximately 50,000 SF of space on Fore and Wharf Streets and are committed to diversifying the tenant base and upgrading this block. Known as a popular street… » Read more

Barrelled Souls Brewing Co. Leases New Brew Operations Space

Justin Lamontagne, CCIM and Greg Hastings, SIOR recently negotiated a 7,600 SF lease at 11 Mill Brook Road in Saco. Barrelled Souls Brewing Company leased the space to house their brewing operations. Customers can still enjoy their tasting room at 743 Portland Road, but the bigger space at 11 Mill Brook Road allows them to… » Read more

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Cacoulidis Purchases 82 Running Hill Road

Tom Moulton and Katie Millett from NAI The Dunham Group recently negotiated the sale of 82 Running Hill Road in South Portland on behalf of the buyer. This 114,017± SF, 4-story Class A office building sits on 12.37 acres and is located in the Maine Mall area of South Portland. New York investors, John and… » Read more

VIP Purchases Auburn Office Building for Larger HQ

Tom Moulton and Tom Dunham recently represented VIP, Inc. in their purchase of 24 Harriman Drive in Auburn. This 15,350 square foot office building sits on 2.7± acres and is located off Kittyhawk Avenue. VIP purchased the property from Patrons Oxford Insurance. The building will soon be home to VIP’s new corporate headquarters. Featured in… » Read more

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Augusta: Poised for Growth

One of our brokers, Andrew LeBlanc, was recently featured in the Kennebec Journal and Portland Press Herald discussing the revitalization of Augusta’s Downtown District, and how he is working with local property owners, investors, and businesses to help clients capture value from this unique opportunity. Check out the Kennebec Journal article here.

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Hannaford sells former ‘Fairgrounds’ site to Moody’s

We recently negotiated the sale of the former ‘Fairgrounds’ site in Gorham. The recently constructed bypass around the town has helped improve access to the site and opened the area to new development. Charlie Craig spoke with MaineBiz about the deal in this article.

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New Home for Saco River Dyehouse

Great feature article in the MaineBiz Real Estate Insider about Saco River Dyehouse! Greg Hastings & Tom Dunham brokered the sale of this 35,550-square-foot industrial building at 34 Spring Hill Road in Saco.

Space Crunch Brings New Life to Old Spaces

Justin Lamontagne, CCIM weighs in on Portland’s commercial space crunch and how developers are bringing new life to old spaces in this MaineBiz article.  

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Steel Fabricator Grows Across South Portland

Great article highlighting one of our clients – Casco Bay Steel. We represented Casco Bay Steel in their recent purchase of 1156 Broadway in South Portland. They plan to make renovations to the Broadway site (75,712 SF plant on 15.4 acres), which is the 3rd expansion property for the company. Bridge-steel-fabricator-grows-across-south-portland

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Greg Hastings – Maine Icon

Greg Hastings looks at the Maine real estate market as if it were a puzzle that just needs to be put together, and it is a puzzle he’s solved many times since 1987. After all these years at the Dunham Group, Hastings says he’s still just as excited to get up and go to work in… » Read more

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NNN? MG?

The difference between a triple net (NNN) and a modified gross (MG) lease is one of the most misunderstood concepts in commercial real estate. In his most recent MaineBiz column, Justin Lamontagne explains in simple terms what you need to understand before signing a lease.
READ HERE