Author: Sprout House
Greater Portland Office Market Status
March 10, 2026
Greater Portland Office Market Status By Nate Stevens | Managing Partner, Designated Broker Greater Portland The Greater Portland office market showed signs of stabilization amid shifting dynamics in 2025, with performance varying significantly between Class A and Class B and suburban and downtown properties. The direct vacancy rate (excluding sublease space) increased from 8.1% to … Continue reading Greater Portland Office Market Status
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Prominent Portland Office Building Sold in $4.7 Million Off-Market Deal
March 10, 2026
Prominent Portland Office Building Sold in $4.7 Million Off-Market Deal Portland, Maine (March 2026) – A significant off-market commercial real estate transaction has been completed with the $4.7 million sale of Two City Center, one of downtown Portland’s most recognized and prominent office buildings. The property was acquired by Nakatomi Plaza, LLC, Aerotyne International LLC, and Maine Exchange Services, … Continue reading Prominent Portland Office Building Sold in $4.7 Million Off-Market Deal
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Episode 72: Jason Adour, President & Founder of Maine Strong Balance Centers
March 10, 2026
Jason Adour, President & Founder of Maine Strong Balance Centers Building Maine Strong — Jason Adour on Growth, Balance & Community Impact In this episode of The Boulos Beat, guest host Samantha Marinko sits down with Jason Adour, President and Founder of Maine Strong Balance Centers. Jason shares his journey from practicing physical therapy to becoming a healthcare entrepreneur, including the recent opening … Continue reading Episode 72: Jason Adour, President & Founder of Maine Strong Balance Centers
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Episode 71: Luke Holden, Founder & CEO of Luke’s Lobster
February 16, 2026
In this episode of The Boulos Beat, guest host Tony McDonald sits down with Luke Holden, founder and CEO of Luke’s Lobster. Luke shares his journey from growing up in Maine’s lobstering industry to working in New York investment banking, and how a search for an authentic lobster roll led to the founding of Luke’s Lobster in 2009 with his father … Continue reading Episode 71: Luke Holden, Founder & CEO of Luke’s Lobster
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The Boulos Company Facilitated Two Land Acquisitions for the Forthcoming Stroudwater Commons Multi-Family Housing Development
January 21, 2026
The Boulos Company Facilitated Two Land Acquisitions for the Forthcoming Stroudwater Commons Multi-Family Housing Development The 130-Condominium Community Will Expand Attainable Homeownership Options in Portland, ME Portland, ME (January 2025) – The Boulos Company is pleased to announce they facilitated two land acquisitions on behalf of Stroudwater Commons, LLC, paving the way for development to begin on Stroudwater Commons, a new 130-unit condominium community to be located at 1877 Congress Street in Portland, ME. Stroudwater Commons, LLC acquired a 4.04± acre parcel at 1877 Congress … Continue reading The Boulos Company Facilitated Two Land Acquisitions for the Forthcoming Stroudwater Commons Multi-Family Housing Development
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The Boulos Company Welcomes Associate Tripp Clark to the Brokerage Team
January 16, 2026
The Boulos Company Welcomes Associate Tripp Clark to the Brokerage Team This Hire Reflects Boulos’s Continued Investment in Cultivating Emerging Talent and Future Leaders Portland, ME (2025) – The Boulos Company is pleased to share Tripp Clark was hired as an Associate in November 2025, bringing a strong foundation in finance, a passion for real estate, and a proven record of both academic and athletic leadership to the firm’s brokerage team. Clark earned his Master of Science degree in Finance from Babson College’s F.W. Olin Graduate School of Business, and it … Continue reading The Boulos Company Welcomes Associate Tripp Clark to the Brokerage Team
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Kent White and Caitlin Burke Complete Sale of Property at 259 Route 108 in Somersworth, NH
January 16, 2026
Kent White and Caitlin Burke Complete Sale of Property at 259 Route 108 in Somersworth, NH Portsmouth, NH – January 7, 2026 Kent White and Caitlin Burke have successfully completed the sale of the commercial property located at 259 Route 108 in Somersworth, New Hampshire. The transaction marks a positive transition for the well-situated Route 108 property, which has long … Continue reading Kent White and Caitlin Burke Complete Sale of Property at 259 Route 108 in Somersworth, NH
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Before the 2026 Market Outlook — Our CRE Predictions
January 14, 2026
Before the 2026 Market Outlook — Our CRE Predictions By Joseph Italiaander | Broker There is plenty to be excited about in the commercial real estate world as we turn the page to 2026. After a sluggish 2024, demand for CRE and dealmaking appetites rebounded in 2025. Despite Q1’s strong economic headwinds—tariffs, geopolitical uncertainty, stubborn interest rates—‘return to office’ mandates and favorable policies, like the economic bonus depreciation, spurred development as the year progressed. And I expect … Continue reading Before the 2026 Market Outlook — Our CRE Predictions
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Episode 70: Featuring Dava Davin, Founder of Portside Real Estate Group
January 8, 2026
Episode 70: Featuring Dava Davin, Founder of Portside Real Estate Group Join host Greg Boulos on The Boulos Beat as he sits down with Dava Davin, founder of Portside Real Estate Group, to discuss Dava’s career journey from pharmaceuticals to real estate, her accomplishments in endurance sports, and the continued growth of her company. Now the second-largest real estate firm by sales volume in Maine and the top woman-owned agency in Northern New … Continue reading Episode 70: Featuring Dava Davin, Founder of Portside Real Estate Group
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As Portland’s Conversion Boom Slows, What’s Next for the Downtown Office Market?
December 10, 2025
As Portland’s Conversion Boom Slows, What’s Next for the Downtown Office Market? By Nate Stevens |Managing Partner, Designated Broker Over the past several years, Portland, ME lead New England’s office-to-residential/hospitality conversion trend as older office buildings were reimagined as apartments, educational facilities, and boutique hotels. Since 2020, The Boulos Company has removed more than 600,000 square feet of downtown office space from our annual office market survey, a practice that occurs when a space is permitted for non-office … Continue reading As Portland’s Conversion Boom Slows, What’s Next for the Downtown Office Market?
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Episode 69: Featuring John Stebbins, CEO of ProCon
December 9, 2025
Episode 69: Featuring John Stebbins, CEO of ProCon In this episode of The Boulos Beat, guest host Caitlin Burke sits down with John Stebbins, CEO of ProCon. John shares his path from working in his family’s business to leading New Hampshire’s largest general contractor. Caitlin and John explore his experience developing more than 20 hotels and commercial properties, including major … Continue reading Episode 69: Featuring John Stebbins, CEO of ProCon
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Nature is Good for Business and People: the role of land conservation in commercial real estate
November 10, 2025
Nature is Good for Business and People: the role of land conservation in commercial real estate By Sasha Phillips | Associate Broker Environmental conservation is an important piece of the commercial development puzzle. New projects bring jobs, tax revenue, and economic vitality, but preserving natural spaces helps ensure sustainable growth for people, our economy, and … Continue reading Nature is Good for Business and People: the role of land conservation in commercial real estate
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