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Real Estate & Construction
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Maine's commercial real estate sales for the month of October 2024
Updated: November 4, 2024Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in October 2024.
Updated: November 4, 2024
Newsworthy people and performances for Nov. 4, 2024
Updated: November 4, 2024A roundup of new hires, promotions and achievements at Maine businesses, nonprofits, professional services firms and health care institutions.
Updated: November 4, 2024
The ‘family-owned’ brand can be an important marketing tool
Updated: November 4, 2024The 'family-owned' story can be an important marketing tool. But not all such businesses understand its power.
Updated: November 4, 2024
Exit focus: The good, the bad and the unnerving about selling a family business in Maine
Updated: November 4, 2024Selling a family business requires a combination of patience, emotional stamina and an understanding of market conditions.
Updated: November 4, 2024
UMaine breaks ground on $82M ‘factory of the future’
October 30, 2024The 50,000-square-foot facility is designed as a digital manufacturing environment powered by high-performance computing and artificial intelligence.
October 30, 2024
Deal for Brunswick mobile home park is first of its kind under new Maine law
Updated: October 31, 2024A deal worth $26.3 million helped residents of the Linnhaven Mobile Home Park take control of their own destiny.
Updated: October 31, 2024Bridges in 2 Maine counties to be replaced, thanks to $133M in US transportation funding
Updated: October 29, 2024The money will be used to replace six highway bridges between Bangor and Brewer, as well as six overpasses near Augusta.
Updated: October 29, 2024
In Newcastle, construction is underway on 16-unit affordable housing project
Updated: October 29, 2024Developers are using a modular approach to construct the two buildings, which feature electric heat pumps, solar arrays on the rooftops, wood-fiber insulation, hardwood flooring and a design based on historical models.
Updated: October 29, 2024
Inaugural apprenticeship summit looks to promote new programs for Maine employers
Updated: October 29, 2024Most apprentices are still working with their employers after one year. In 2022, several thousand Maine apprentices were working on industry-recognized skill certification.
Updated: October 29, 2024
$53M in federal funds will help upgrade freight tracks in rural Maine
Updated: October 28, 2024The money will go toward freight rail upgrades along 140 miles of track in Aroostook, Penobscot, Piscataquis and Washington counties, and to provide a connection to the One North Bio-Industrial Park in Millinocket.
Updated: October 28, 2024
Extended-stay hotel in Scarborough is now under construction
Updated: November 7, 2024Maine Course Hospitality Group broke ground on HomeAwhile, a 109-room extended stay hotel in Scarborough.
Updated: November 7, 2024
With acquisition of a Kittery shopping center, top priority is filling vacant storefronts
Updated: October 28, 2024The buyer is working on issues related to deferred maintenance and plans to price vacant spaces in a manner to attract local tenants.
Updated: October 28, 2024Legacy Properties' newest broker comes from pharmaceutical and biotech industries
Updated: October 28, 2024Trevor Dodge’s professional background is seen as an asset to the team, both in Maine and New Hampshire
Updated: October 28, 2024
Portland school renovations showcase '21st century learning environments'
Updated: October 28, 2024The projects provide access to improved learning spaces considered essential to facilitating teaching and learning and to building strong, safe school communities.
Updated: October 28, 2024
Grant money will focus on growing Libbytown garden, community
Updated: October 28, 2024The conversion is expected to provide soil free of potential contaminants, create more-accessible gardens and strengthen them against climate change-related issues.
Updated: October 28, 2024
Maine's median home price tops US level for first time
Updated: October 24, 2024The median sales price for September hit $409,450, surpassing the U.S. price for the first time.
Updated: October 24, 2024
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