Coming Soon: Angoor Self-Pour Wine Bar Will Open in Portland This Fall

Spring 2024, Angoor Wine Bar will open at 120 Fore Street with a futuristic concept – self-pour wines. (Read More)

Future Friday: 185 Commercial Street

Developer Jonathan Cohen, in partnership with 185 Commercial Street LLC, acquired the property at 185 Commercial Street in 2021, as indicated by records from the city of Portland. (Read More)

Real Estate Insider Notebook: A Portsmouth fashion brand finds Old Port space; UMaine investments

Drift Collective, a Portsmouth, NH, brand whose clothing evokes a beach vibe and is produced in-house, will open a store in Portland’s Old Port. (Read More)

17-property real estate megadeal is one of Maine’s largest this year

The portfolio sale of 17 multifamily buildings in Sanford, including 49 fair-market and subsidized apartments, is one of the largest of its type this year in southern Maine. (Read More)

Historic Brunswick hotel reopens after $3.5 million in renovations

A historic Brunswick hotel – previously known as The Daniel – reopened as The Federal on Sunday following a two-year closure and a more than $3.5 million facelift. (Read More)

Long-term leases in classic Old Port building attract 1031 tax exchange

Long-term leases by restaurants and other businesses in an older building in Portland’s Old Port proved attractive to a couple seeking a new investment after they sold their Wells campground. (Read More)

Falmouth Shopping Center project almost full

The majority of space in the two buildings has largely been leased out months before construction is completed. The developer behind two new buildings at the Falmouth Shopping Center has leased the majority of space before construction is even finished. Developers say that points to high demand for commercial property in the area. (Read More)

Brunswick’s The Daniel to remain a hotel under new buyers

Despite initial plans to convert the building into senior housing, new owners Bella Point Holdings LLC have decided to reopen the historic inn as an “upscale hotel,” according to the buyer’s broker. The hotel sold at auction for $1.6 million. (Read More)

An Old Port building, with a long-term tenant and parking, sells for $6.1M

A building with prime retail space on Commercial Street has changed hands. The building’s primary tenant is LeRoux Kitchen, which occupies four levels, including the ground floor. Another floor with office space is available for lease. The building also includes its own small parking lot, a significant feature with more new development taking over surface lots in Portland.  (Read More)