Maine
Kennedy Funding Closes Loan for Resi Development on Maine’s South Coast
Direct private lender Kennedy Funding closed a $1.633-million loan to Abode Communities Kennebunk, LLC. Loan proceeds will be used to purchase 17… Read more
Live Nation to Spend $1B on Venues for Underserved Markets
Live Nation Entertainment said it would invest $1 billion to build 18 new and revitalized live music venues with the… Read more
Newmark Hires James Renner to Lead Valuation & Advisory for New England
Newmark has hired James Renner as a senior managing director and Valuation & Advisory (V&A) market leader for New England, including… Read more
Boulos Company Promotes Caitlin Burke to Partner
The Boulos Company, a Maine and New Hampshire commercial real estate services firm, has promoted Caitlin Burke to partner. Based in the… Read more
Ocean State Job Lot Acquiring 15 Former Big Lots Locations
Northeast discount retail chain Ocean State Job Lot will acquire 15 Big Lots locations in eight states for an undisclosed… Read more
Maine Shopping Center Trades with “Exceptional Upside Potential”
Newmark arranged the $19.75-million sale of Mall Plaza, a 153,576-square-foot shopping center in South Portland, ME. Co-head of U.S. Capital… Read more
BJ’s Wholesale Club in Bangor Trades to National REIT
Marcus & Millichap closed the sale of BJ’s Wholesale Club, a 91,828-square-foot retail property located at 110 Longview Dr. in… Read more
Town Fair Tire Portfolio Trades for $89M
Marcus & Millichap, in association with Northeast Retail, closed the sale of 31 net lease properties anchored by Town Fair Tire on behalf… Read more
JLL Completes Recapitalization of $725M Senior Housing Portfolio
JLL has arranged the recapitalization of a $725 million, 20-asset seniors housing portfolio spanning the Sunbelt, Northeast and Midwest markets.… Read more
255 Big Lots Leases Come to Market
A&G Real Estate Partners is now accepting bids on 255 Big Lots store leases nationwide as part of the retailer’s… Read more
Boston Financial Closes LIHTC Fund at $170M
Boston Financial, reportedly the largest syndicator of U.S. Low-Income Housing Tax Credits, has closed Boston Financial Institutional Tax Credits 60… Read more
Sperry Expands Reach into Northern New England with New Affiliate
Commercial real estate services firm Sperry said Wednesday that it would expand into New Hampshire, with veteran commercial real estate… Read more
Torrington Signs Two Tenants in Exeter
Torrington Properties has signed VividCloud and Usource, a NextEra Energy company, to new, long-term leases at 100 Domain Dr. in Exeter,… Read more
New England States to Share $389M Federal Grant to Upgrade Power Grid
The six New England states will share in $389 million of federal grant money for the Power Up New England proposal to… Read more
Supply Chain Issues and Industrial Impacts
The United States wasn’t so long ago in the grip of a huge supply chain disruption. Following the global shutdown… Read more
Placer.ai Spotlights East Coast Migration Hubs
Although much has been written about the recent population outflows from New York, Massachusetts and other Northeastern states, many states on the East… Read more