Commercial Real Estate News – Portland, Maine
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Call For Offers Begins on Union Wharf, Portland Waterfront’s Oldest
We opened a Call for Offers this week on this incredibly unique property. Portland waterfront’s oldest wharf, Union Wharf, is available for sale for the first time in its history.…
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Origin Labs Expands Nutritional Line with Purchase of North Jay Industrial Property
Tom Dunham brokered the sale of 1149 Main Street, a 60,000 SF industrial facility, in North Jay. With a strong desire to expand in Franklin County, Origin Labs purchased the…
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Maine Calling Episode : How the Pandemic Has Affected the Residential & Commercial Real Estate Market in Maine
Great conversation about how the pandemic has affected Maine’s real estate market on Maine Calling Friday. Local pros discuss the trends and changes and Justin Lamontagne hops in at minute…
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What’s trending in commercial development in 2021?
What’s trending in commercial development in 2021? These local experts talk about development with purpose, retail reboot, big box to industrial (from Justin Lamontagne), and more. Read the Mainebiz story…
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10th Annual Industrial Market Survey
Our 10th Annual, 2021 Greater Portland Industrial Market Survey is now available! Download your copy here.
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Construction Underway – Class A Industrial/Flex Building
Construction underway on a new Class A Industrial/Flex building at The Downs! Join Ducas Construction. 4,000 – 8,000 SF available and ready for occupancy June/July 2021. Contact Sam LeGeyt –…
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Skowhegan Savings to Open Portland Business Center on Marginal Way
Skowhegan Savings Bank will open its’ new Portland Business Center at 287 Marginal Way. The space will undergo a full renovation and is expected to open in April. The new…
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North River Roque, LLC Acquires 5 Bradley Drive for $22.75 Million
Congratulations to North River Roque, LLC on the acquisition of this 126,072 square foot property in Westbrook’s Five Star Industrial Park for $22.75 million. The property is 100% leased on…
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MaineHealth Purchases 340 County Road, Westbrook from Husson University
MaineHealth purchased this 34,587 SF building in Westbrook from Husson University for $4.65 million. Justin Lamontagne, CCIM, SIOR represented MaineHealth in the sale and says the search was started a…
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Join Ducas Construction at their new headquarters in The Downs’ Innovation District
Join Ducas Construction at their new headquarters in The Downs’ Innovation District! 4,000 – 8,000 SF of office and warehouse space for lease. Contact Sam LeGeyt for more information. Read the…
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Vermont firm Redstone Looks to Expand Footprint in Maine
Mainebiz: Do you have other acquisitions in mind for Maine? Joe Engelken of Redstone: Always! Before we even got to the closing table I was bugging Sylas [Hatch] to find me…
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1004 Congress Street Latest Building Added to PK Realty’s Portfolio
“Our process is Tom Moulton,” Packard said. Great article highlighting Tom & Katie’s client relationship with PK Realty, who recently acquired another Libbytown property at 1004 Congress Street. Read the…
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Exchange Block in Downtown Bangor for Sale
The Exchange Block in Bangor is available for sale as a 4-building package or individually. Contact TC Haffenreffer or Sylas Hatch for details. Read the Mainebiz article here.
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Large Industrial Building at 203 Read Street sold for $10 Million
187–209 Read Street LLC purchased this large industrial property at 203 Read Street from Brockway-Smith Co. for $10 million. Tom Dunham, SIOR, Greg Hastings, SIOR, Sylas Hatch, and TC Haffenreffer brokered the sale.…
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Industrial Market Mid-Year Review
We have expanded our annual industrial market survey to include Falmouth and are now tracking nearly 20,000,000 SF of industrial real estate in Greater Portland and Biddeford/Saco. The current overall…