Author: Topher Stephenson

Disabilities services provider sees growing demand, driving need for Lewiston facility

October 15, 2019

Creative Work Systems has purchased a 5,500-square-foot office building in Lewiston to accommodate growing demand for its services, which help people with disabilities to live and work in their communities. Creative Work Systems bought 430 Lisbon St. from Seven Rivers Corp. for $350,000. Justin Lamontagne and Greg Hastings from […]

read more

Downtown deals advance Lewiston’s plans for redeveloped neighborhoods

October 1, 2019

The purchase of three neighboring properties on Pine Street, in downtown Lewiston, is aimed at advancing plans to improve the city’s affordable and market-rate housing stock and general neighborhood revitalization. Lewiston/Auburn Community Housing Inc. bought 40 Pine St. from the estate of James R. Costello Sr. for $377,000. The […]

read more
madison mill

GO Lab gets $2.4M in FAME financing and other funds for Madison plant

September 10, 2019

GO Lab Inc., the Belfast building products manufacturer that last month closed on its purchase of the shuttered Madison Paper Industries mill, has received $2.4 million in financing to help with the deal and begin retrofitting the plant. The funding package includes a $1.2 million loan underwritten by the […]

read more
Crews set up their construction machinery on Wednesday for Friday

Developers break ground on commercial section of Downs project

September 23, 2019

Crews set up their construction machinery on Wednesday for Friday’s groundbreaking ceremony at the recently cleared site of the Innovation District at The Downs in Scarborough. The developers of a new mixed-use complex in Scarborough broke ground on the commercial center of the sprawling project Friday. The Downs’ Innovation […]

read more

Bids for a Lewiston office building will start at more than $1 million

September 5, 2019

This office building at 17-19 Mollison Way in Lewiston is the latest in Maine to hit the auction block at online auctioneer Ten-X. The online auction is Sept. 23-25, 2019. A Lewiston office building will go up for sale in an online auction by the same auctioneer that sold […]

read more

Growing transportation company buys former Oxford wood products factory

August 27, 2019

A former wood products factory in Oxford is viewed by its buyers as a great site for their transportation company. But a fair amount of clean-up at the site will have to be completed first. RideSource Inc. purchased a 68,175-square-foot light manufacturing complex on 15 acres, at 822 Main […]

read more

Cambria Portland Hotel, part of massive East End development, breaks ground

August 27, 2019

A groundbreaking ceremony was held Monday for a 102-room “brewtel” that will be part of the 211,000-square-foot Bateman Partners development in the city’s East End. The focus Monday was the start of construction for the six-story, 72,797-square-foot Cambria Portland Hotel, which is being developed in partnership with Shipyard Brewing […]

read more

GO Lab closes deal for Madison paper mill

August 20, 2019

GO Lab Inc., the Belfast building products manufacturer that in April announced its intent to buy a defunct paper mill in Madison, has completed the purchase. In a news release Tuesday, the company said it has closed on the 600,000-square-foot Madison Paper Industries mill, shuttered since 2016. The property […]

read more

Commercial Reservations and Interest Spike at Scarborough Downs

July 24, 2019

10 of 57 lots at Innovation Park, a mixed-use commercial subdivision, have already been reserved, with 40 other parties in various levels of discussion. July 24, 2019 – SCARBOROUGH, Maine – Innovation Park at The Downs, a 154-acre mixed-use commercial subdivision listed by The Boulos Company, has made it through the Scarborough planning board, bringing ten companies one step closer … Continue reading Commercial Reservations and Interest Spike at Scarborough Downs

read more
Map of The Downs planned development

Reservations pour in for Scarborough business park

July 29, 2019

Plans for Maine’s first mixed-use business park in 25 years are progressing quickly, with only seven lots still up for grabs inside The Downs in Scarborough. Known as the Innovation District, the 154-acre subdivision will be a core part of a multi-purpose development that will also include a residential […]

read more
aerial view of lewiston

Six downtown Lewiston properties sold for $6.39M

July 18, 2019

A portfolio of six downtown Lewiston properties has been sold for $6.39 million. Little Canada LLC, controlled by Matt Hancock, bought the properties at 500 Canal St. from Franklin Properties and Franklin Property Trust, according to a news release Wednesday morning. The portfolio comprises three fully-leased Class A office […]

read more
Anthony Gatti

Watching the river flow: Along the Kennebec, developers and residents are returning to the river

July 11, 2019

North River Co., the new owner of the Lockwood Mill in Waterville, considers the building a diamond in the rough — it’s worse for wear after years of vacancy, but it’s a classic 19th-century mill with soaring ceilings and windows, 3-foot brick walls and pine floors. “They don’t build […]

read more