The vacancy rate for industrial properties in southern Maine has been rising after a decade of shrinking vacancies, and was at a 7-year high at the end of 2025, according to the Portland-based Dunham Group’s annual market survey.
“Lewiston remains the heart of Androscoggin Bank, and this move reflects our commitment to serving the community more efficiently and sustainably for years to come,” said a spokeswoman.
The seven-week, hands-on experience will focus on "helping business owners move from simply understanding their business to managing it strategically," the chamber said.
The acquisition of Lyons Auto in West Hartford is the fourth auto shop in the Constitution state for VIP, which has 77 locations throughout New England; 35 are in Maine.
Portland city officials warned that the human impact of the federal immigration raids will be accompanied by costs to businesses and damage to the city’s economic life.
The $18 million portfolio has 217 units across 33 buildings. “We want to buy properties that need work. We get the benefit of the price and then we invest,” said Candor’s founder.