Category Archives: Member Articles

The Trend Toward Car-Free Cities Is Picking Up Speed

By Blueprint, presented by CBRE When you think about it, car-free cities shouldn’t seem like such a radical idea. Cities, after all, have been around for thousands of years, while cars date back just a century or so. And yet, … Continue reading

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Challenges for Marijuana Businesses and their Vendors

by Gretchen L. Jones, Shareholder and Chair, Business Law Practice Group at Eaton Peabody While Maine has legalized marijuana for both medical and recreational use, the conflict between state legalization and federal criminal prohibition creates challenges for marijuana businesses and … Continue reading

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How to speed up the Commercial Real Estate Appraisal process

by Mark L. Plourde, MAI, Maine Valuation Company When the parties of interest in a commercial real estate transaction finally reach agreement, and financing is a component of the deal, why does it then take so long to get a … Continue reading

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2017 Greater Portland, Maine Industrial Market Snapshot

by Justin Lamontagne, CCIM, Partner | Broker, NAI The Dunham Group A “healthy” market is a catchy and common term to describe the current state of the Greater Portland industrial sector. But our experience suggests that the market is only … Continue reading

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Succession Planning with an Employee Stock Ownership Plan

by Eric D. Altholz, Vice Chair of Verrill Dana’s Employee Benefits and Executive Compensation Group and A. Robert Ruesch, Chair, Chair of Verrill Dana’s Construction Law Group According to the National Center for Employee Ownership, there are roughly 7,000 true … Continue reading

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Home Building’s ‘Elephant in the Room’ … a manifesto from operations guru George Casey.

Without innovation, today’s home building business models risk extinction by George Casey, CEO of Stockbridge Associates, LLC Over the past several weeks, I have had the opportunity to attend a variety of fall industry conferences: the Urban Land Institute (ULI) … Continue reading

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Keys to an Effective Environmental Risk Management Program (ERMP)

By Donald McFadden, C.G., Director of Environmental Services, St.Germain Collins Managing environmental risk in commercial real estate (CRE) lending can be challenging. Although it’s something the lending community has been doing for decades, it has historically been viewed as unnecessary … Continue reading

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Office Market Overview

by Nate Stevens, Associate Broker at CBRE | The Boulos Company The Greater Portland office market continued to improve in 2016 as the vacancy rate fell for the 7th consecutive year for a direct vacancy of 6.17 percent and total … Continue reading

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New Initiative Launched to Reduce Energy, Water and Transportation Emissions

Downtown Portland Property Owners Band Together to Save Money and Resources Portland is joining the ranks of forward-thinking cities across the U.S. and Canada as it launches the Portland 2030 District, a groundbreaking high-performance building district in downtown Portland that … Continue reading

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Tenant Funded Leasehold Improvements: Hidden Risks

By Raymond A. Pelletier, Esq., Verrill Dana LLP In most cases, significant tenant fit-ups and renovations are financed by means of a per square foot tenant improvement allowance paid by the landlord and amortized over the term of the lease. … Continue reading

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