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Recent Properties
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236 Presumpscot Street, Portland
- For Lease: $15.00/SF NNN
- Property Type(s): Distribution, Industrial, Warehouse
- Square Footage: 19,182 SF
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65 Spiller Drive, Westbrook
- For Lease: $3,750/month NNN
- Property Type(s): Flex, Industrial, Showroom
- Square Footage: 3,000 SF
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655 Main Street, Saco
- For Lease: $13.50/SF NNN
- Property Type(s): Medical Office, Office
- Square Footage: 10,000 SF
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11 Hannaford Drive, Scarborough
- For Lease: $16.75/SF NNN
- Property Type(s): Retail
- Square Footage: 6,350 SF
Recent News
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Mid-Year Update : Greater Portland Office Market Survey
We’re seeing meaningful signs of stabilization in the Greater Portland office market. Overall office vacancy improved to 13.11%, down from 14.09% at year-end 2024, while the average asking rate remained essentially flat at $20.32/SF. While the overall market is approaching equilibrium, we’re seeing a divide between the Downtown and Suburban markets. The suburban market has…
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Justin Lamontagne Named President of Portland Rotary
Our Designated Broker/Partner, Justin Lamontagne, CCIM, SIOR has been named President of the Portland Rotary Club for the 2026–2027 Rotary year. Justin has been a member of Portland Rotary since 2011, he officially assumed the role in July and will lead one of Maine’s oldest and most active Rotary clubs. As President, he will guide…
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Southern Maine Industrial Market : 2026 Mid-Year Review
We are pleased to release our 2026 Southern Maine Industrial Market Mid-Year Review, offering a look at current trends shaping Maine’s industrial real estate market. The report finds that while industrial vacancy has risen to its highest level since 2013, the market remains fundamentally healthy and is transitioning from a landlord-favored environment to a more…
Recent Client Stories
Recent Transactions
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Sweetser
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Lewiston
Sweetser recently purchased a 29,331± SF office building at 24-30 Lisbon Street from Androscoggin Savings Bank. Chris Craig from The Dunham Group represented the buyer. Tom Moulton, CCIM, SIOR and Katie Breggia from The Dunham Group represented the seller.
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Airline Hydraulics Corp.
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Westbrook
Airline Hydraulics Corp. recently leased 14,952± SF of industrial space at 9 Thomas Drive from Berzinis Realty, LLC. P. Gregory Hastings II, SIOR and Chris Craig from The Dunham Group brokered the lease.
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Totem 2.0, LLC
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Bangor
Totem 2.0, LLC recently purchased an 11,276± SF office building at 335 Maine Avenue from the University of Maine System. Earl Black from Better Homes & Gardens Masiello Group – Bangor represented the buyer. TC Haffenreffer and Sylas Hatch from The Dunham Group represent the seller.
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South Portland Housing Development Corp.
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South Portland
South Portland Housing Development Corp. recently purchased a five-building portfolio totaling 33,000± SF located at 222, 248, 262, and 274 Main Street and 17 Haskell Street from BLK Limited Liability Company. Tom Moulton, CCIM, SIOR and Katie Breggia from The Dunham Group represented the buyer. P. Gregory Hastings II, SIOR of The Dunham Group represented the seller.
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AJS Holdings, LLC
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Scarborough
AJS Holdings, LLC purchased a 2.73± acre parcel at 97 County Road – Lot 2 from Five Star Holdings, LLC. Frank O’Connor, CCIM, SIOR and Bryan Plourde, MAI from The Dunham Group brokered the sale.