MEREDA appoints Deering of NBT Bank and Dovich of TD Bank to board of directors

Portland, ME Jeremy Deering and Ron Dovich have been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA).

Colliers sells Manchester office building for $1.2 million - site planned for multifamily conversion

Manchester, NH Colliers has sold 1138 Elm St. This 16,555 s/f downtown office building, situated on 0.117± acres, was sold for $1.2 million, as recorded by the Hillsborough County Registry of Deeds.

Richards of Hay Runner appointed MEREDA president for 2024-2026

Portland, ME The Maine Real Estate & Development Association (MEREDA) has appointed Shannon Richards of Hay Runner, to president for 2024-2026.

PROCON breaks ground on Duprey Hospitality’s Arts Alley

Concord, NH According to Duprey Hospitality ground has been broken for Arts Alley, a project celebrating the redevelopment of the area adjoining the Bank of New Hampshire Stage on South Main St. Scheduled for completion by April 1, 2025, this PROCON designed and built facility

MAG Capital Partners buys KBS Builders’ 84,800 s/f manufacturing headquarters

South Paris, ME MAG Capital Partners purchased an 18.65-acre industrial property in a sale leaseback transaction with KBS Builders, Inc., a wholly-owned subsidiary of Star Equity Holdings.

DeWolfe of Greater Boston Commercial Properties sells 1.35-acre development site for $1.6 million

Scarborough, ME Tyler DeWolfe of Greater Boston Commercial Properties, Inc. represented the seller of 2 Ginn Rd. DeWolfe sold the 1.35-acre site for $1.6 million to Atlantic Regional Federal Credit Union which plans to construct a new brick and mortar credit

CORE launches acquisitions division

Portland, ME CORE has launched CORE Acquisitions. This expansion builds upon the recent growth of CORE’s brokerage and management divisions and closely follows the company’s recent rebranding announcement.

Malone Commercial lists 28.2 acre industrial land site for development in Kennebunk, ME

Kennebunk, ME Along the southern coast of Maine is the quaint town of Kennebunk, located in York County. Kennebunk seamlessly blends natural beauty with economic potential. It’s not just a haven for tourists but also a growing hub for businesses,

Conway of Paul McInnis LLC auctions former
Kings Grant Inn in Gilford, NH for $2.15 million

Gilford, NH Auctioneer Justin Conway, CAI of Paul McInnis LLC sold the former Kings Grant Inn at foreclosure auction for $2,150,001. Located at 15 and 16 Kimball Rd., the properties consist of the former inn with multiple rental units on 5.8 acres and an additional 15.21 acres with multiple

Cobb and Wright of Colliers broker $1.575 million sale of 128 Hammond St.

Bangor, ME Colliers negotiated the sale of 128 Hammond St. for $1.575 million according to the Penobscot Registry of Deeds. Mike Cobb and Blake Wright, of Colliers in Maine, represented the seller, NMS Hammond LLC. Elly Chapman, of NextHome Experience, represented the buyer,