Scarborough, ME Blaze Pizza has leased 2,920 s/f at 451 Payne Rd. from Miser Investments, LLC. The Boulos Company’s Joe Italiaander and Chris Gallagher arranged the transaction on behalf of Blaze Pizza, concluding a multi-year search across the greater Portland market.
The location, at the corner of Payne Rd. and Gallery Blvd., is next to a new Starbucks, in front of Mardens, at the entrance to the Scarborough Gallery.
Blaze Pizza is known for its “fast-fired,” build-your-own pies, offering artisanal ingredients and options for those with dietary restrictions.
Jeff Martin’s Wildefire Restaurant Group is the local franchisee behind the new Blaze, which is slated to open by early fall 2024.
Blaze plans to continue its expansion in Maine.
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.
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.