PORTLAND – One of Maine’s fastest-growing companies is growing up, and doing it in style. CashStar, which manages digital gift card systems for major retailers like Starbucks and Dunkin’ Donuts, moved into new Old Port offices in October, growing its footprint in the city by more than 50 percent and consolidating from three separate offices that CEO Ben Kaplan said left no room to expand.
PORTLAND – To date, 2014 has proved to be a strong year for Southern Maine’s commercial real estate market. In particular, there has been a significant amount of sales activity in regards to commercial investment and owner occupant properties. This article focuses on Maine’s commercial sales through the 3rd quarter of 2014 and the attributing factors for the increased activity.
PORTLAND – The Miami based developers responsible for the Bayside Development have made a compromise, now planning to build the 4 apartment and retail buildings on Somerset Street 6 stories high, rather than the previously proposed 14 story buildings.
PORTLAND – Ocean Gateway parking garage and the longtime vacant lot across from the Ocean Gateway marine terminal will go up for sale as part of a package deal. With no current listing price, the garage is estimated to be valued at just under $9-10 million, with the lot valued at $1 million.
