Read this thoughtful perspective on Maine’s commercial real estate market today, written by our designated broker Justin Lamontagne, for the New England Real Estate Journal.
Over the past year, the real estate market has been hot. Tom Moulton was one of the brokers on the $18.1 million transaction of 600 Sable Oaks Drive in South Portland that closed just before the COVID-19 emergency began. In this Mainebiz article, Tom and other brokers weigh in on the realities of the market today.… » Read more
Scarborough accounting firm Johnson & Co. will move into new headquarters with the sale of 180 US Route One in Scarborough. Tom Moulton, CCIM, SIOR and Katie Allen Millett represented the seller in this transaction. “It’s a perfect owner-user play,” Katie said. “The owner will occupy the smaller suite and lease out the remainder of the… » Read more
We are now offering free commercial real estate valuations for any business or property owner who is required to quantify their asset value as part of the Covid-19 SBA relief application process. We have been inspired by the local business community, small and large, supporting one another, adapting and working to weather this great storm.… » Read more
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“Until the last two weeks, the industrial market in Southern Maine was humming along and I wrote the article below to reflect that. However, like the rest of the world, things have dramatically changed quickly. My sense is we will have at least a one to two month “pause” on the market. But once things… » Read more
Personal contact is key in real estate, but during this time of working from home and virtual meetings, brokers are trying to make the best of it. Justin Lamontagne is quoted in this Mainebiz article highlighting how our industry is adjusting to the virtual real estate world. “I’m interested in two fascinating trends that will… » Read more
In response to COVID-19, NAI The Dunham has decided to do our part in keeping the community safe and help combat the spread. Our office will be closed for the time being, but our brokers and staff are working remotely to continue to meet your needs. This should have minimal to no disruption in service.… » Read more
WEX is in final negotiations to lease a 200,000± SF suburban office building at The Downs, in Scarborough, Maine. This development is part of WEX’s mission to provide the best working environment for their employees. WEX moved into a beautiful new glass headquarters building on Portland’s waterfront last March. Charlie Craig, a Partner NAI The… » Read more
Congratulations to Maine Lobster Now on the purchase of 47 Spring Hill Road in the Saco Industrial Park! This new home allows the seafood processing and delivery business to continue their rapid growth. Justin Lamontagne, CCIM, SIOR brokered the sale. Read the Mainebiz story here.