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

Downtown Portland Class-A Office Update By Samantha Marinko, Associate In January of each year, we publish a report which provides an overview of the commercial real estate market in Maine. We highlight significant projects and trends and conduct a comprehensive analysis of the vacancy rates of office buildings, with a particular focus on the 25 Class A office buildings in … Continue reading Downtown Portland Class A Office 2022 Mid-Year Update

Paul Ureneck of Colby College on Changing Careers in Commercial Real Estate & Notable Maine Construction Stories. In this episode of the Boulos Beat, host Greg Boulos sits down with Paul Ureneck, assistant Vice President of Real Estate Development and Operations at Colby College.  Paul previously worked at the Boulos Company for over 30 years. Greg and Paul discuss how … Continue reading Episode 30: Paul Ureneck of Colby College on Changing Careers in Commercial Real Estate, The Role of Colby in Downtown Waterville, & Construction Stories Behind Notable Maine Properties

On June 26th, 2019, State of Maine Governor Janet Mills made her clean energy and climate leadership goals clear by signing three major bills associated with renewable energy and greenhouse gas emissions. Related bills have been popular amongst Legislature in recent years but did not become law due to vetoes from Former Governor LePage. Following Governor Mills’ inauguration, many national … Continue reading Maine Solar Rush

The consumer retail sector continues to strategize around how to reposition physical stores to offset the growing demand of online shoppers. Many experts suggest that retailers have figured it out—companies understand the necessary steps to create a profitable retail experience. This strategy, however, could just be delaying the inevitable. Pop up shops and smaller stores may present a way to … Continue reading The Evolution of Retail Ownership