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Key Portland properties change hands

By on December 6, 2016

Not only did November provide a great thanksgiving, it proved to be an historical point for some of Portland’s most well-known properties. By far, the transfer of the Rufus Deering Lumber yard on Commercial Street is the most noteworthy. The

Growth Abounds in Commercial Real Estate Arena

By on October 4, 2016

The current strength of Portland’s commercial real estate sector has been routinely expounded over the past several years. Gone are the dark days of the Great Recession which have now been replaced with robust development. The evidence is clear, new

What’s All the Scaffolding on Exchange Street?

By on September 6, 2016

Walking along Exchange Street has become an adventure for the last couple of months. The owners of the renowned Old Port Exchange property and its neighbor at 30 Exchange are in the midst of substantial and historical restoration projects. Both

Story behind plant purchase shows benefits for all parties

By on July 5, 2016

Each month as part of this column, we publish a list of commercial transactions, each of which has a background story. Some are straightforward deals; other, very complicated.   July 2016

Inventory shortage prompts buyers to adapt

By on May 3, 2016

Portland’s Commercial Real Estate has several segments. One key submarket is the industrial sector, which is experiencing the overall shift in dynamics from a buyer to a seller’s market.   May 2016

Activity points to continuing healthy market

By on April 5, 2016

Real estate cycles seem to come and go quickly, but in reality last for an extended period. Greater Portland, especially Portland’s  peninsula, has been experiencing an upward cycle for three years.   April 2016

Biddeford, Falmouth sales lead February transactions

By on March 1, 2016

February’s southern Maine commercial real estate transactions included two highlights:   March 2016

MEREDA notes industry return to pre-recession levels

By on February 2, 2016

The Maine Real Estate & Development Association (MEREDA) hosted more than 800 people at its annual Forecast Conference, at which experts reflected on 2015, and predicted trends for 2016.   February 2016

“Call for offers” technique highlights unprecedented strength of market

By on January 5, 2016

In the last two years, southern Maine’s commercial real estate market has enjoyed previously unseen activity and pricing. Portland, and in particular its peninsula, has experienced an explosion of new growth (residential) and wealth entering the market. One result of

Armory swap highlights a dynamic June

By on July 3, 2015

July 4 has passed, and with it the first half of 2015. It’s been a dynamic period, as Portland and Southern Maine in general have experienced almost unprecedented commercial real estate sales, leasing and development activity. July 2015