News: Northern New England

Gamache, Curley, Gregor and Porter join Harriman

Terri Gamache, James Curley, P.E., Anatoly Gregor, P.E., and Christina Porter have joined Harriman. Gamache, joins Harriman as marketing director and brings over 12 years of experience in marketing and graphic design. Prior to joining Harriman, Gamache was director of marketing and public relations at Catholic Charities of Maine. She holds a Bachelor of Science in Business Administration from Saint Joseph's College. Curley joins as a structural engineer and brings 30 years of experience in civil engineering. He holds a Bachelor of Science in Civil Engineering from the University of Lowell in Mass. Prior to joining the company, Curley was employed at Colby Company Engineering in Portland Gregor, who will be an electrical engineer, brings 20 years of professional experience in commercial, data center, education, healthcare, hotel, laboratory/pharmaceutical, retail and transportation facility electrical engineering design. He holds a Bachelor of Science in Electrical Engineering from Newark College of Engineering at New Jersey Institute of Technology. Prior to joining Harriman, he was employed by DAI Architects & Engineers in Farmingdale, Maine. Porter joins Harriman as an Architect Intern. She is a recent graduate of Rensselaer Polytechnic Institute with a Bachelor of Architecture degree. She also had the opportunity to study at Politecnico Di Torino in Italy during the fall of 2009 where she collaborated with other students in the redevelopment of the Olympic Village site.
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Northern New England

November 2024 NH CIBOR president’s message: 10 tips for commercial real estate investors - by Ethan Ash

While many Realtors will tell you what you need to do in order to sell your residential property at the highest price (clean out the junk, update bathrooms and kitchens, paint, etc.) most people don’t get easy to follow guidance on what to do to help your commercial real estate sale. Other than that advice that I
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Columns and Thought Leadership
Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units. 

The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.