Northern New England

Malone Commercial Brokers honored with two CoStar Impact awards

Portland, ME Malone Commercial Brokers (MCB) has been honored with two CoStar Impact awards. The company was recognized for its work in two categories: Sale of the Year and Lease of the Year.

Stantic of North Branch Construction earns LEED Green Associate certification

Concord, NH North Branch Construction said that Julia Stantic, assistant project manager, has received the LEED Green Associate credential from the U.S. Green Building Council. LEED Green Associates are equipped with the knowledge and skills necessary to promote and

Tisbert, Perry and Lawrence of JLL lease 114,000 s/f at 9 Northeastern Blvd. - lease to Electronic & Instrumentation Technology

Salem, NH According to JLL, Electronic & Instrumentation Technology (EIT), part of the Zollner AG Group, Europe’s market leader in Electronics Manufacturing Services (EMS), leased 114,000 s/f at 9 Northeastern Blvd., a 650,000 s/f class A flexible

DeStefano & Associates, Inc. starts two projects

Gilford, NH DeStefano & Associates, Inc. (DAI) has started the construction of a new ground up Service Credit Union Bank. Colwell Group is the architect. Completion is expected this summer.

Reed of Stebbins Commercial sells 2,500 s/f office for $290,000

Manchester, NH Mike Reed, president of Stebbins Commercial Properties LLC negotiated the sale of 2,500 s/f office building at 303 Belmont St. from Baughman Living Trust to Vitaly Yaroshenko.

East Brown Cow welcomes Free People to 4,101 s/f retail space at 121 Middle St.

Portland, ME East Brown Cow and Malone Commercial Brokers said that Free People has signed a 10-year lease for a storefront at 121 Middle St., bringing another national brand to the retail corridor along the city’s Middle St. The 121 Middle St.

Maine Real Estate & Development Association spring conference May 15th

Portland, ME On May 15th, the Maine Real Estate & Development Association (MEREDA) will host a conference that delves into upcoming changes that will impact every developer in Maine. With presentations and discussions, MEREDA’s spring conference

Nobis Group names Harding and Kay new vice presidents

Concord, NH Nobis Group has named Scott Harding, PE vice president of business development and Brett Kay vice president of operations. Harding draws upon over 30 years of experience at Nobis in environmental engineering in order

Rich and Anderson of Malone Commercial Brokers sell ODAT Machine and 40,000 s/f office/industrial building to Howell Labs

Gorham, ME Malone Commercial Brokers negotiated the sale of ODAT Machine Inc., including the 40,000 s/f office and industrial building at 20 Sanford Dr. in Gorham Industrial Park. The transaction was brokered by Karen Rich and Mike Anderson of Malone

Greater Portland office market, like many other cities, is still adjusting to the post-pandemic world - by Justin Lamontagne

Outlook: The Greater Portland office market is still adjusting to the post-pandemic world. Although the major headlines from primary markets are scary and fear-mongering, Southern Maine is not poised for the bumpy rides you might see on the news or read