Story behind plant purchase shows benefits for all parties
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
News and Events
Inventory shortage prompts buyers to adapt
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
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
February’s southern Maine commercial real estate transactions included two highlights: March 2016
MEREDA notes industry return to pre-recession levels
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
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 this phenomenon is unsatisfied demand. January 2016
Armory swap highlights a dynamic June
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
Spring ushers in annual surge in market activity
Each spring we enjoy the return of flourishing trees and blooming flowers. Almost as reliable, Maine’s commercial real estate market demonstrates its own cycle of renewed activity. June 2015
Downtown sees two landmark transactions
Downtown sees two landmark transactions APRIL TRANSACTIONS Possibly the two most significant downtown Portland commercial transactions of the last decade took place in April. May 2015
Monument Square leasing shows active office market
Commercial sales may have subsided temporarily during the first quarter, but leasing – the office market in particular – has been notably active. Deb Napolitano of Paragon Commercial, Tony McDonald of CBRE|The Boulos Company, and Matthew Barney of Malone Commercial all reported steady activity. The three brokers represented the landlords and tenants who recently...