The deal, brokered by The Boulos Co., involved selling two Portland commercial properties and replacing one property’s seller with a new tenant.
real estate
Posted inBusiness, Local & State
MaineHousing gives 5 affordable housing projects a $6.8 million boost
Projects in Portland, South Portland, Waterville and Bangor will create or preserve 275 affordable housing units, says the housing authority.
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Posted inBusiness, Local & State
Some residents stand against proposed Munjoy Hill historic district
Planners will vote Dec. 10 on an effort to preserve a 19th-century aesthetic, but property owners see their rights at risk.
Posted inBusiness, Local & State
Prices of Maine homes continued to climb in October
Median prices rose 4.6 percent to $224,900, while the volume of sales ticked up only slightly over October 2018 sales.
Posted inBusiness
Portland real estate firm launches developer podcast series
The Boulos Co. is interviewing notable developers shaping the urban landscape of southern Maine.
Posted inBusiness, News
Former Saco mill property headed for auction
Auctions are often thought of as the means of last resort to sell a property, but they can be used to generate a higher sale price in a hot market.
Posted inBusiness, Local & State, News
Pro-development group says city policies contribute to Portland’s housing crunch
A new group called YIMBY Portland claims low-density residential zoning restrictions and off-street parking requirements discourage affordable housing.
Posted inPortland Forecaster, The Forecaster
Landmark downtown office, retail building for sale
Cardente Real Estate will be accepting sealed bids for the 130,000-square-foot building at 511 Congress St., which sold for $12.4 million five years ago.
Posted inBusiness, Local & State, News
Narrow Gauge Railroad isn’t just staying in Portland, it’s planning new buildings
The organization that runs the tourist attraction wants to build a storage building and ticket station on Portland’s waterfront.
Posted inBusiness, Local & State, News
Maine Med gets approval for $59 million medical office building in Scarborough
The town’s planning board clears the way for the new Maine Medical Partners building at its Route 1 campus.