The city has selected the Boulos Co. to potentially list four undeveloped parcels of land on Somerset and Elm streets, near Whole Foods and Franklin Arterial — though City Councilors say no decision to sell has been made.
The project repurposes an office building into a hotel with amenities such as a restaurant, bar, skybridge and fitness room. “This deal is a textbook example of converting excess office space into alternative use,” said one broker.
Every week in the Thursday Real Estate Insider, Mainebiz compiles a list of commercial real estate leases. (The Tuesday Real Estate Insider publishes commercial sales.) Here are the leases published in December 2025.
Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in December 2025.
From a proposal for Maine's tallest building to efforts to address the housing shortage, here are some of the most-viewed Mainebiz Real Estate Insider stories from 2025.
The family-owned retailer had intended its last day at 540 Congress St. to be Dec. 31 but pushed the closure up a day early due to illness and staff shortages, as noted in a sign on the door.
After buying the Hearth Doctor in February 2024, Rob Beardsley moved the showroom from Topsham to a larger space in Brunswick and acquired a similar business in Yarmouth.
Every week in the Thursday Real Estate Insider, Mainebiz compiles a list of commercial real estate leases. (The Tuesday Real Estate Insider publishes commercial sales.) Here are the leases published in November 2025.
The organization ships medical supplies and equipment to health care providers in developing countries. Additional warehouse space in Portland improves efficiency and provides room for expansion.