Commercial Real Estate News – Portland, Maine
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Katie Millett Named 2017 REALTOR of the Year!
We are very pleased to announce that the Maine Commercial Association of REALTORS (MCAR) has named Katie Millett their 2017 REALTOR of the Year! Katie Millett joined NAI The Dunham…
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Retail Market Update
The southern and central Maine retail markets remain healthy in 2017, although there is substantial future uncertainty in the anchor store sector. Overall vacancy continues to decline, averaging around 3.5%.…
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Office Market Update
Overall, the Greater Portland Office market remains stable. There are currently over 1.5MM square feet of office space available for lease in the Greater Portland market. While this sounds like…
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Industrial Market Update
The industrial market has continued its very strong pace this Spring, and there looks to be no slowing it down this Summer. We are working diligently to find new inventory…
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Justin Lamontagne to Speak on NEREJ Summit Panel
On June 29th, New England Real Estate Journal will hold their 2017 Summit – Northern New England State of Commercial Real Estate at the Portsmouth Harbor Events & Conference Center.…
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Maine Medical Center Purchases One Riverfront Plaza in Westbrook for $10.75 Million
Exciting news for downtown Westbrook! MMC purchased One Riverfront Plaza for $10.75 million. NAI Dunham Group’s Charlie Craig and NAI Hunneman represented the seller. Maine Medical Center plans to use…
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Developer Making Changes to Former Wharf Street Nightclub Space
New owner/local developer, Fore Street Partners, is happy to welcome Higher Grounds Café to 45 Wharf Street. In January of 2016, the owner and its affiliated companies purchased approximately 50,000…
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MEREDA Event : Cannabis and its Impact on Commercial Real Estate
Justin Lamontagne, CCIM will moderate the panel at this MEREDA event “Darkness into Light : Cannabis and its Impact on Commercial Real Estate in the Post-Prohibition Era” Originally held in…
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Barrelled Souls Brewing Co. Leases New Brew Operations Space
Justin Lamontagne, CCIM and Greg Hastings, SIOR recently negotiated a 7,600 SF lease at 11 Mill Brook Road in Saco. Barrelled Souls Brewing Company leased the space to house their…
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Four Springs Capital Markets – Customized Tax Deferred Exchange Solutions
We would like to share the info below about Four Springs Capital Markets and their customized tax deferred exchange solutions for real estate investors: Four Springs TEN31 Xchange (FSXchange) is…
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Cacoulidis Purchases 82 Running Hill Road
Tom Moulton and Katie Millett from NAI The Dunham Group recently negotiated the sale of 82 Running Hill Road in South Portland on behalf of the buyer. This 114,017± SF,…
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Rules & Parameters – Industrial Market Survey
Please reference this PDF for a full breakdown of the rules and parameters used in our Greater Portland Industrial Market Survey.
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We are proud to stand behind our clients…
Please check out our new brand film, now displayed on our homepage, and learn about our client-based approach to real estate. Featuring these wonderful companies – American Roots, Casco Bay Steel, Fluid…
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VIP Purchases Auburn Office Building for Larger HQ
Tom Moulton and Tom Dunham recently represented VIP, Inc. in their purchase of 24 Harriman Drive in Auburn. This 15,350 square foot office building sits on 2.7± acres and is…
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Augusta: Poised for Growth
One of our brokers, Andrew LeBlanc, was recently featured in the Kennebec Journal and Portland Press Herald discussing the revitalization of Augusta’s Downtown District, and how he is working with…