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.
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
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
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
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
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
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.
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.
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.
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.
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
Justin Lamontagne will be on the panel discussing the commerical RE market at the Press Herald’s next Business Breakfast Forum! Wednesday May 18th – Portland Public Library
2 Dunham Group brokers in one episode! Check out last week’s episode of WGME 13’s MaineLife featuring TC Haffenreffer and Justin Lamontagne.
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
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.