Maine’s Retail Landscape: Resilient, Refined, and Ready for What’s Next     By Derek Miller | Partner, Broker       The retail sector continued its run as the most durable and consistent performer among the traditional real estate asset classes in 2025. While office continues to lag below pre-COVID occupancy levels (less so in Maine than nationally, I might … Continue reading Maine’s Retail Landscape: Resilient, Refined, and Ready for What’s Next

Local Butcher Secures Space at 10 Cotton Street in Portland, ME  The Whole Animal Butcher Shop and Sandwich Counter Aims to Open Summer 2026  Portland, ME (March 2026) – The Boulos Company represented both the landlord and tenant in executing a 4,606± square feet lease for retail/restaurant space at 10 Cotton Street in Portland, Maine. The new tenant plans to open a whole animal butcher shop and counter service sandwich … Continue reading Local Butcher Secures Space at 10 Cotton Street in Portland, ME 

Beyond the Peak Season: Navigating New Realities in Maine Hospitality       By Roy Donnelly | Associate Broker       Hospitality and tourism are cornerstones of Maine’s economy, contributing over $9 billion to the state’s total economic output and providing roughly one in every six jobs in the state. This impact is felt up and down the coast … Continue reading Beyond the Peak Season: Navigating New Realities in Maine Hospitality

Maine’s Industrial Markets in 2026       By Jon Rizzo, SIOR | Partner, Broker       Sales There were limited industrial investment sales in 2025, primarily due to three factors: 1. Seller complacency – content owning the portfolio with no need for a disposition 2. Low in place cap rates – deals not “penciling” 3. Limited inventory – … Continue reading Maine’s Industrial Markets in 2026

2026 Capital Markets     By Chris Paszyc, CCIM, SIOR | Managing Partner, Broker       Maine’s capital markets and commercial real estate (CRE) landscape appears cautiously optimistic heading into 2026. Industry participants anticipate macroeconomic stabilization, easing interest-rate pressure, renewed investor appetite, and more realistic pricing expectations to rekindle deal-making and lending activity. Maine’s CRE markets should emerge as … Continue reading 2026 Capital Markets

MOXIE Public Schools Secures New South Portland Campus   The Tuition-Free Charter School will Open Fall 2026 in the Former WEX Headquarters  South Portland, ME (March 2026) – The Boulos Company represented MOXIE Public Schools in securing a new campus location at 123 Darling Avenue in South Portland, Maine, where the tuition-free charter school will open for classes in Fall 2026.  When MOXIE Public Schools was awarded its charter in 2025, they employed Boulos to identify a location that was accessible via major traffic routes, close … Continue reading MOXIE Public Schools Secures New South Portland Campus

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

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

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

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

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?

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