Stakes are high as vote nears on Portland’s scenic-view ordinance

October 12, 2015 in News

Author: Randy Billings

PORTLAND – Those opposed to an ordinance protecting city views fear unintended economic impacts. Supporters say it will preserve treasured resources.

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Bangor Savings Bank begins construction on Portland complex

October 7, 2015 in News

Author: Staff Reports

PORTLAND – The 7,200-square-foot building will contain offices, a branch and drive-thru on Marginal Way. Bangor Savings Bank has begun construction on a $2 million, solar-powered office building and retail branch on Marginal Way in Portland.

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Kennebunk shopping center has new owner

September 14, 2015 in News

Author: Laurie Schreiber

KENNEBUNK – The Shops at Long Bank, an 88,450-square-foot shopping center in Kennebunk, was never for sale. But that didn't stop Property Partners LLC, headquartered in the greater Portland area, from making an offer that wasn't refused.

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Retail complex in Kennebunk sold

September 9, 2015 in News

Author: Staff Report

KENNEBUNK – The property, anchored by a Hannaford, fetched nearly $7 million.  The Shops at Long Bank in Kennebunk, an 88,000-square-foot retail complex off Route 1, has been sold for $6.925 million.

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The commercial real estate market in southern Maine forecasts a strong finish at year-end

September 4, 2015 in News

Author: Michael Cobb

PORTLAND – The commercial real estate market in southern Maine has been very active through the 3rd quarter of 2015 and market forecasts suggest a strong finish at year-end. Increases in available jobs and declining vacancy rates are both driving forces in Portland's economic growth.

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