Welcome to the online home of the Maine Real Estate & Development Association. We hope you will use this site to learn more about our organization, get to know our members, and join us as we strive to promote fair and responsible development and ownership of real estate throughout Maine.

 

 

 

 

 

An Increase in the MEREDA Index Provides Encouragement for the Real Estate Development Community

05/15/2015

The MEREDA Index is the leading way our industry tracks changes in Maine’s real estate markets. It’s a composite of nine measures reflecting activity in both new development and existing properties, in commercial and residential markets, as well as construction employment. 

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Longtime Board Members Retire from Real Estate Organization

06/05/2015

 

     

 

The Maine Real Estate & Development Association relies on the generous support of its volunteer officers and Board of Directors to fulfill its mission of promoting an environment for responsible development and ownership of real estate throughout Maine. Many have distinguished themselves by making significant contributions to the real estate industry and to MEREDA over many years. Two of MEREDA’s longtime Board members will be retiring from the organization and were recently recognized at MEREDA’s Board Meeting on May 27.

 

 

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  Maine's Growing Food Economy & Its Impact on Real Estate  
 
 
Over 280 industry professionals gathered this week to discuss the commercial real estate implications of Maine’s booming food and beverage economy. Maine has become a culinary destination, known for not just lobster, but beer, coffee, organic produce, sea and freshwater products. An exploding foodie culture means a growing need for production facilities, enhanced supply chains, specialty storage and many other real property infrastructure assets, old and new.  

Betsy Biemann who directs the Maine Food Cluster Project at Harvard University gave a top-level overview of these trends, stating the number of breweries in Maine has doubled since 2012; there is a growing demand for local, organic food seen by the increasing number of independent grocers and food co-ops; the aquaculture industry remains strong up and down the coastline; and farmers are extending the growing season using old and new technologies and production methods. This insight was echoed by John Piotti, President and CEO of Maine Farmland Trust. He also added that Maine’s farming economy is a “renaissance in progress” with the need for new infrastructure – greenhouses, cheese rooms, poultry processing, multi-purpose facilities.


 
     
 

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