Author: Kendra Hardesty

Salem, New Hampshire, September 06, 2022: Chris Healey of The Boulos Company represented Foxfield, LLC in the off-market purchase of 21 Northwestern Drive for $14,900,000. The 100,450± SF industrial/flex property has 15.26± acres and is fully occupied by four tenants. The seller self-represented in the transaction. To read more on this transaction, click here

David Banks on How He Went from A Shaw’s Supermarket Employee to A Real Estate Broker, Working Two Jobs, & His Past 38 Years in the Industry In this episode of The Boulos Beat, host Greg Boulos talks with David Banks, a respected real estate broker with a team of 10 people working exclusively for him at RE/MAX By The … Continue reading Episode 32: David Banks on How He Went from A Shaw’s Supermarket Employee to A Real Estate Broker, Working Two Jobs, & His Past 38 Years in the Industry

South Portland, Maine, August 2, 2022: The Locker Project will move into 6,000 SF of office space, formerly occupied by Spurwink, at 111 Wescott Road. The landlord, Colonial Adjustment, was eager to support a local nonprofit and its mission of hunger relief, and the deal closed in just six weeks. The Boulos Company’s Samantha Marinko and Greg Boulos represented Colonial, … Continue reading Colonial Adjustment Finds Ideal Tenant in The Locker Project

  Exeter, New Hampshire, August 1, 2022: Jay and Liz Curcio purchased One Franklin Street as the new home of their acclaimed catering business, The White Apron. The 11,737± SF property has an event space and commercial kitchen on the first floor and three apartments on the second floor. The buyer’s broker, Caitlin Burke of The Boulos Company, represented the … Continue reading The White Apron Finds the Perfect Setting

Chris Lynch on Going from Wall Street to Real Estate, His Business Model, & Consumer Buying Trends In this episode of The Boulos Beat, host Greg Boulos sits down with Chris Lynch, CEO & founder of Legacy Properties Sotheby’s International Realty. This leader in luxury real estate has six offices along the coast of Maine located in Kennebunk, Portland, Brunswick, … Continue reading Episode 31: Chris Lynch on Going from Wall Street to Real Estate, His Business Model, & Consumer Buying Trends

Lewiston-Auburn Multifamily Market Update By Noah Stebbins, Associate Broker The multi-family market is always evolving. Rising interest rates, inflation, and government policies have caused some commercial real estate investors to re-trade or pull out of deals altogether, as they navigate the tumultuous economic environment we find ourselves in. However, the ballooning costs in the for-sale housing market hasn’t slowed down … Continue reading Lewiston-Auburn Multifamily Report

PORTLAND, Maine, July 25, 2022 — LEARNINGWORKS, an organization committed to strengthening the communities it serves by providing free community-based education programs for children, adults, and families throughout Southern Maine, has listed its historic office building at 181 Brackett Street in Portland’s West End as part of its strategic plan to invest in its mission. Click here to read the … Continue reading LEARNINGWORKS Lists West End Portland Office Space for Sale

Exeter, New Hampshire, July 19, 2022: In one of the largest transactions in recent years, 100 Domain Drive was sold by 100 Domain Drive DD & EI LLC to Torrington Properties, Inc. for $46.9 million. The transaction was brokered by Caitlin Burke and Kent White of The Boulos Company. To read more, click here: Press Release – 100 Domain Drive, NH

Boulos Renews IDEXX Laboratories Lease in Colonel Westbrook Park Westbrook, Maine, July 12, 2022: The Boulos Company has negotiated a long-term renewal agreement with IDEXX Laboratories for the 55,000± SF the company currently occupies at 1 Thomas Drive, Colonel Westbrook Executive Park. Greg Boulos of The Boulos Company represented the landlord. Brooks Murphy of JLL and Jim Harnden of Harnden … Continue reading Boulos Co. Renews IDEXX’s 55,000 Office Lease in Westbrook, Maine

Caitlin Burke, Senior Associate It is no secret that new construction in today’s market is more costly than it has been in recent memory. According to a report released in February 2022 from the US Census Bureau, construction costs went up by 17.5% from 2020 to 2021. It reported that it is the largest spike in this data from year … Continue reading Construction Costs and the Impact on the Commercial Real Estate Market