News: Northern New England

Clifton Greim 2011

Name: Clifton Greim, P.E. Title: President / CEO Company: Harriman Location: Auburn, Maine Place of birth and year: Lewiston, Maine, 1958 Family: Married with two grown daughters College: University of Maine First job unrelated to your current field: Mason tender First job in current field: North American Philips, manufacturing engineer What your firm does now and its plans for the future?: Harriman provides integrated architectural and engineering design services for educational, corporate, healthcare, retail, and government clients. We'll continue to build on innovation between the art of architecture and the science of engineering, and help clients realize their projects through this design collaborative and through innovative delivery processes. Hobbies: Cook, flyfish, golf, racquetball Favorite film: Dances with Wolves Keys to success: A strong "can do" attitude; addressing the negative, but focus on the positive in all situations. Surround yourself with great thinkers. Person(s) you most admire (outside of family): Lee Iacocca If you had to choose a different profession, what would it be?: Education
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Reveler Development celebrates final phase of work at The Levee - new 51-unit apartment building in Biddeford

Biddeford, ME Reveler Development has begun construction on 10 Upper Falls Rd., the fourth and final phase of Reveler’s master-planned development in downtown,The Levee. “We’re thrilled to embark on this major milestone at The Levee,” said John Laliberte, CEO of Reveler
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Columns and Thought Leadership
Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion
The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.