Casco Bay Steel Purchases 114,720 SF Industrial Complex

Casco Bay Steel recently purchased a 114,720 SF industrial complex on 12.88 acres from P & W Real Estate Corporation at 1 Runway Road in South Portland. Tom Dunham, SIOR brokered the sale, which closed on April 1st.

2-year Site Search and Analysis Leads Synergent to the Right Space

Synergent leases space at Pineland Office Campus for it’s new data processing and operations space need. Justin Lamontagne completed a 2-year site search and property analysis for Synergent leading to a 5,155 SF lease with plans to expand up to 15,000 SF over four years.

1031 Tax Deferred Exchange

What impact will changes to the tax code have on
commercial real estate investors? In Justin’s most recent
MaineBiz column, he discusses this tax sheltering tool and
why he expects it to grow in popularity in 2013 and beyond.


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.

Greater Portland Office Review

Katie Allen and Tom Moulton, CCIM, SIOR recently created a review summarizing the current state of the Greater Portland Office Market. The review discusses leasing, investment, owner occupied properties and new developments as well as an outlook with 2012/2013 predictions.