Commercial Real Estate News – Portland, Maine
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How to relocate your industrial business in a tight real estate market
The industrial real estate market continues to face historically low vacancy rates – currently at 1.91%. In this How-To article, our Designated Broker Justin Lamontagne shares his pro tips on navigating today’s industrial market. Read “How to relocate your industrial business in a tight real estate market” on Mainebiz.biz.
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Southern Maine Industrial & Office Market Mid-Year Review
We are happy to share our Southern Maine Industrial & Office Market 2023 Mid-Year Review. This report is powered by the in-depth market knowledge of our team of brokers and their comprehensive internal database of commercial properties. The Mid-Year Review includes insightful analysis on the industrial market from Designated Broker and Partner Justin Lamontagne, CCIM, SIOR, and on the office…
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How to move your commercial office space
We are experts in finding the perfect space for our clients…. but after moving into new space ourselves, we have even more insight to share! Check out this Mainebiz article “How to move your commercial office space” written by our Designated Broker, Justin Lamontagne, CCIM, SIOR. Read here on Mainebiz.biz
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We’ve Moved!!
It’s official! We moved into our brand new office space at 2 Monument Square, Suite 602. Stop in and say hi!
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Greater Portland Office Market Overview & Forecast
Check out this update on the Greater Portland Office Market by one of our brokerage teams – Jim Harnden and Sam LeGeyt. Published in the New England Real Estate Journal, read the article here.
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New Office, New Hires
Thanks to Mainebiz for a wonderful feature about our recent announcements (Read the story here!). After 20+ years at 10 Dana Street, The Dunham Group will be moving our offices to a beautifully upgraded space at 2 Monument Square in Portland this May. After years of strategic planning, a rebranding, and the recent hiring of…
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Introducing Jim Harnden!
The Dunham Group is thrilled to announce that Jim Harnden has joined the firm as Broker and Partner. Jim comes to the Dunham team having over 35 years of experience in Maine’s commercial real estate market. Most recently, Jim has been President of Harnden Commercial Brokers. Jim’s focus and expertise is tenant representation, having worked…
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Introducing Bryan Plourde!
We are thrilled to announce that Bryan Plourde has joined the firm as a new broker/Sales Agent. Having spent the last 10 years as a commercial real estate appraiser at Maine Valuation Company, Bryan brings an invaluable skill set to the firm. With a decade of experience appraising over $1 billion dollars and 5 million…
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2023 Southern Maine Industrial Market Survey
Our annual study and inventory of the industrial real estate market is now available! Download your copy here.
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Lynch Logistics Expands with 50,000 SF Lease in East Millinocket
Lynch Logistics expands with a 50,000 SF lease in East Millinocket. This new space will grow its footprint to more than 450,000 SF of indoor storage space, plus outdoor space across multiple sites. Congrats to Lynch Logistics and the Town of East Millinocket on this partnership! The lease was brokered by TC Haffenreffer, Sylas Hatch,…
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Habitat for Humanity York County Purchases First Permanent Home
Congrats Habitat for Humanity York County on purchasing its first permanent home! 123 York Street in Kennebunk will house the nonprofit’s admin and construction offices as well as the Restore. Justin Lamontagne, CCIM, SIOR and Samuel LeGeyt brokered the sale. “Our mission is to create affordable housing opportunities,” said Amy Nucci, the Executive Director. “Now,…
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Investment Group Acquires Scarborough Frito-Lay Distribution Center
In an off-market deal, a local investment group purchases Scarborough industrial property from Frito-Lay to leverage its substantial expansion potential. TC Haffenreffer and Sylas Hatch from The Dunham Group brokered the sale. “The demand for quality industrial buildings is still very strong,” TC said. “The interest level is high and the market remains strong despite…
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The Dunham Group Delivers for Stars & Stripes Brewing
We are happy to share this video spot we created with Stars & Stripes Brewing Company. Their Old Port tasting room is open and looks fantastic! Go check them out at 3 Spring Street.
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Larrabee Complex Sold for $14.9M
After Rock Row was announced, the Larrabee Complex started seeing a lot more activity. When leasing it up was nearly complete, Frank O’Connor, CCIM, SIOR represented the seller in a recent $14.9M deal. Read the Mainebiz story here.
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Portland Physical Therapy to Expand at 1020 Congress Street
Congrats to M.A.C. Realty/Dr. Aaron MacArthur on this recent purchase of 1020 Congress Street in Portland! All three of his practices are growing, and this location will allow for the future expansion of Portland Physical Therapy. Justin Lamontagne, Tom Moulton, and Katie Allen from The Dunham Group brokered the sale. Read the Mainebiz story here.