Maine’s hot market builds on a strong end to 2019 sales.
real estate
Posted inPortland Forecaster
Another strong year in commercial real estate predicted for 2020
The Boulos Company’s 2020 Market Outlook says the commercial space vacancy rate in greater Portland increased for the first time in six years, but vacancy rates in downtown Portland dropped.
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Posted inBusiness, Maine, News
Civil cases against former Portland developer on hold as criminal case ramps up
An effort to recoup $5.4 million in fines from Michael Liberty will be delayed while a criminal case against him moves forward.
Posted inBusiness, Nation & World
Millennials’ share of the housing market: small and getting smaller
Today’s young families own a far smaller share of the market than boomers did at a similar age.
Posted inBusiness, Maine, News
Booming real estate market challenges businesses, home buyers
Southern Maine’s real estate market keeps up a multi-year rise, sidelining buyers seeking modestly priced homes and businesses desperate for industrial space.
Posted inBusiness, Maine
Portland warehouse grab pushes industrial businesses to Saco
The former mill town emerges an attractive – and far less expensive – alternative.
Posted inBusiness, Maine, News
The decade in Maine business and economy
From the depths of the Great Recession, Maine’s economy began a steady rebound that has allowed some industries to flourish despite a growing worker shortage.
Posted inBusiness, Maine, News
Time & Temperature Building’s new owners vow to bring back Portland icon’s ‘glory days’
Chris Rhoades and Andrew Preston say they’ll decide how to use the downtown building’s mostly vacant office tower and submit their restoration plans to the city by February.
Posted inBusiness, Maine, News
November decline hurts Maine’s overall home sales in 2019
The state had been on track for a record year before single-family home sales dropped by nearly 8% last month from the same period in 2018.
Posted inPortland Forecaster, The Forecaster
Greyhound’s Portland bus station building up for sale
The bus company says it is too early to say if the station will remain at the corner of Congress and St. John streets after the sale, but The Boulos Company says the site has a lot of potential.