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Real Estate & Construction

The Olympia Cos. to develop new hotel for Colby College


The Olympia Cos., a Maine-based hospitality management company, announced it will develop and manage Colby College's planned 42-room boutique hotel and restaurant in downtown Waterville.

Aroostook IGA stores under new ownership

Aroostook County is seeing a shift in ownership in three IGA grocery stores effective March 6.

Expanding dental practice adds Portland office

Laurie Schreiber |

Jin Hwang, a dentist who started a group dental practice under the Gentle Dental affiliation, recently added an eighth location with the purchase of 1290 Congress St. in Portland for $457,000.

After long downturn, seaside inns find new investors

Laurie Schreiber |

Migis Hotel Group's purchase of the Higgins Beach Inn in Scarboroug is part of considerable transactional activity among independently owned hotels along the coast over the past year. Sales of other...

Scarborough firm acquires two Boston properties

The RAM Cos., a Scarborough-based acquisition, development and management firm, closed this week on a $10.1 million purchase of two properties in the Boston suburbs.

Millinocket loses bowling alley in snowstorm

Millinocket lost a central part of its community when the roof at Katahdin Pins 'n Cues collapsed during the Feb. 12 snowstorm. The sudden buckling was powerful enough to project debris across the...

With industrial space at a premium, developer plans to build warehouses in South Portland

Laurie Schreiber |

A 9.85-acre parcel at 2401 Broadway in South Portland that had been on the market for a decade will become the site of some 60,000 square feet of warehouse space. Rob Plummer, founder and president...

Benchmark expansion reflects hot Portland market

Laurie Schreiber |

Benchmark Residential & Investment Real Estate’s addition of nine people, as well as a second office in Portland, is another reflection of the hot demand in the real estate market.

Jasper’s in Ellsworth closes after 60 years

After 60 years in business, Jasper’s Restaurant in Ellsworth has served its last meal.

Lewiston extends developer’s option on Bates Mill No. 5

Lewiston’s city council gave developer Tom Platz a one-year extension on his option to buy and redevelop Bates Mill No. 5, the last and most challenging building of the sprawling Bates Mill...