Commercial Real Estate News – Portland, Maine
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“The Great Pause”
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.
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Realities of the Market Today
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…
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Johnson & Co. will move into new headquarters with the sale of 180 US Route One in Scarborough
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…
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Free Commercial Property Valuations for SBA Applicants
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…
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A Message From Our DB…
View this message from our DB…“Hi, we’re networking(ish)!”
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Southern Maine’s Industrial Real Estate Market has Been Historically Consistent
“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,…
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Maine Brokers Making the Best of Virtual Real Estate
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…
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Dunham Group Operations Regarding COVID-19
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…
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WEX to build $50 million operations center at The Downs in Scarborough
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…
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Maine Lobster Now Purchases 47 Spring Hill Road
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…
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Children’s Museum & Theatre of Maine Sells Landmark Property at 142 Free Street, Portland
Children’s Museum & Theatre of Maine sold their landmark property at 142 Free Street to the neighbor next door – the Portland Museum of Art. The sale allows the Children’s Museum to…
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Creative Work Systems Purchases Lewiston Facility to Meet Growing Demand
Congrats to Creative Work Systems on the purchase of 430 Lisbon Street, Lewiston to accommodate their growth!! Justin Lamontagne and Greg Hastings represented them in this sale. Read the Mainebiz story by…
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Investor sees opportunity in two South Portland industrial sites
Great write-up about one of our client’s recent investments and their activity in Greater Portland! Read the Mainebiz story by Laurie Schreiber here.
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Berlin Mills Wharf Aquired By Chris DiMillo
Berlin Mills Wharf, at 400 Commercial Street, recently sold to Christopher DiMillo. The investment has a variety of potential uses including a restaurant with parking (something unheard of downtown). His…
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Industrial Market Mid-Year Review
NAI The Dunham Group is pleased to present, for the first time, a mid-year review and update to our annual Industrial Market Survey. 2018 marked the first “correction” we’ve seen…