Northern New England

Southern Maine office and retail markets expand: 1 million s/f of power ctr. retail under construction

The southern Maine office market expanded moderately in 2007. Approximately 200,000 s/f of office space was absorbed in a total market of 1...

McCann of Optimum Hotel Brokerage sells 67 room Motel 6 Augusta for Accor North America - $1.8 million

Optimum Hotel Brokerage has closed on the $1.8 million sale of the Motel 6 Augusta. The 67-room hotel is located adjacent to I-95. Joe McCa...

Potomac closes $10.75 million for Embassy Suites Hotel, Portland, Me.

Potomac Realty Capital, LLC, a full service commercial capital provider, originated and closed a $10.75 million bridge loan for the acquisit...

Brady Sullivan and Stebbins Commercial sell 35,000 s/f for $4.205 million

According to Charles Panasis, director of commercial real estate at Brady Sullivan Properties, and Michael Reed, president of Stebbins Comme...

Tinkham Realty brokers seven leases: 11,166 s/f

Tinkham Realty, Inc. recently brokered seven leases totaling 11,166 s/f. Biofuels of New England leased a 2115 s/f industrial condo in the A...

Construction underway for 68,200 s/f Bowdoin's Watson Arena: $20 million

Construction is underway for Watson Arena on the campus of Bowdoin. The 68,200 s/f ice arena is adjacent to the Farley Field House and will...

Gomberg Financial Services arranges purchase loan for 28-units

According to Gomberg Financial Services, the firm has arranged an 85% CLTV purchase loan for a 28-unit apartment complex on Pembroke St. The...

Engelberth Construction breaks ground for $12 million Upper Valley Aquatics Center

A groundbreaking ceremony was held recently and sitework is underway for the new $12 million Upper Valley Aquatics Center project owned by S...

A resolution for 2008: "Co-broke or go broke"

"Co-broke or Go Broke" is the old adage, most often heard as business slows down, listings swell in numbers and sales activity declines. Tig...

Why train the competition? Why train your replacement?

When I have asked a number of my fellow designated members of the Appraisal Institute why they haven't hired an appraisal trainee, the most ...