Maine's commercial real estate market saw a series of lease transactions in September 2025, with significant activity in the industrial, office, and retail sectors. Major leases were signed in key cities including Portland, Scarborough, and Bangor, indicating continued demand for commercial space across the state.
The transactions, facilitated by various brokerage firms, ranged from large industrial spaces exceeding 30,000 square feet to smaller office and retail units, reflecting a diverse and active leasing environment.
Key Takeaways
- Over 110,000 square feet of commercial space was leased in Maine during September 2025 across industrial, office, and retail sectors.
- The industrial sector was led by a 33,245-square-foot lease by Huntington Ingalls Inc. in Portland and a 24,000-square-foot lease by United Rental Realty in Scarborough.
- Portland's office market remained active with multiple renewals and new leases, including a 6,452-square-foot renewal by Littler Mendelson, P.C.
- Retail activity included a 7,012-square-foot lease for a thrift store in Dover-Foxcroft and new locations for Allagash Brewing Co. and a restaurant in Portland.
Industrial Sector Leads with Major Leases
The industrial property market in Maine demonstrated strong demand with two major transactions in the Portland and Scarborough areas. These leases accounted for a substantial portion of the total square footage leased during the month.
Huntington Ingalls Inc. secured the largest industrial space, leasing 33,245 square feet at 54 Milliken St. in Portland. The landlord, Plymouth 56 Milliken LLC, was represented by Drew Sigfridson and Jon Rizzo of the Boulos Co. in this significant transaction.
In another key deal, United Rental Realty LLC leased 24,000 square feet of industrial space at 8 Ginn Road in Scarborough. The tenant was represented by Jon Rizzo of the Boulos Co. and Laura Polster of CBRE, while the landlord was Faison 8 Ginn LLC.
Additional Industrial Transactions
Beyond the largest deals, several other industrial leases were completed across the state, serving a variety of business needs from manufacturing to service industries.
Industrial Leases at a Glance
- Junming Li: Leased 7,200 sq ft at 222 Gray Road in Cumberland.
- James & Whitney Co.: Leased 4,700 sq ft at 12 Center Park Road in Topsham.
- Brickyard Brands LLC: Leased 4,400 sq ft at 460 Riverside St. in Portland.
- Zimmer US Inc.: Leased 4,180 sq ft at 1528 Hammond St. in Bangor.
- Geyssell Escalator & Elevator Service LLC: Leased 3,880 sq ft at 1039 Riverside St. in Portland.
Portland Office Market Remains Dynamic
The office market, particularly in Portland, showed resilience with a mix of new leases and renewals. These agreements indicate that businesses continue to value physical office locations in the city's primary business districts.
Law firm Littler Mendelson, P.C. renewed its 6,452-square-foot office lease at One Monument Square in Portland. The renewal was brokered by Jim Harnden and Sam LeGeyt from the Dunham Group, alongside Katie Donahue from JLL, for the landlord, Finard.
Engineering and consulting firm Kleinfelder Inc. also committed to a significant space, leasing 5,325 square feet of office space at 1 City Center in Portland. The transaction involved Noah Stebbins of the Boulos Co. and Joe Bernstein of JLL representing the tenant.
Diverse Office Needs Met Across Maine
The office leases signed in September were not confined to Portland. Transactions occurred in various cities including South Portland, Westbrook, Lewiston, Rumford, and Farmington, highlighting a statewide demand for professional spaces. These leases support a range of sectors, from engineering and healthcare to financial services and non-profit organizations.
Statewide Office Lease Highlights
Several other companies secured office space, reflecting broad-based demand:
- SGC Engineering LLC: Leased 4,500 sq ft at 865 Spring St. in Westbrook.
- North Atlantic Investment Partners: Leased 2,205 sq ft at 970 Baxter Boulevard in Portland.
- Sexual Assault Prevention and Response Services: Leased 2,200 sq ft at Parkway Complex in Lewiston.
- Kingdom Real Estate LLC: Leased 1,748 sq ft at 85 E St. in South Portland.
- Kenilworth Inc.: Renewed its 1,577-sq-ft lease at 2 Monument Square in Portland.
- Sweetser: Leased 704 sq ft in Rumford and 700 sq ft in Farmington.
Smaller office leases were also prevalent, with spaces under 1,000 square feet being secured by entities like Prescriby, Kennebec Behavioral Health, and Oakley Pine Direct Primary Care PLLC in South Portland, Lewiston, and Falmouth respectively.
Retail Sector Sees New Entrants and Expansions
Maine's retail sector experienced notable activity, with new stores, restaurants, and breweries securing locations. The largest retail lease was signed in Dover-Foxcroft, demonstrating that commercial activity extends beyond the state's southern hubs.
Win-Win Thrift Store leased 7,012 square feet of retail space at 16 Summer St. in Dover-Foxcroft. The deal was brokered by TC Haffenreffer and Bryan Plourde from the Dunham Group for the landlord, DW Properties of Foxcroft LLC.
In a notable move for the craft beer industry, Allagash Brewing Co. leased 3,717 square feet of retail space at 10 Market St. in Scarborough. This transaction was arranged by Drew Sigfridson and Jon Rizzo of the Boulos Co.
Portland and Bangor Retail Activity
The retail landscape in Portland and Bangor also saw new developments. Maine RB Enterprises IV LLC leased 4,128 square feet of retail space at 57 Bangor Mall Boulevard in Bangor, a transaction involving Derek Miller of the Boulos Co. and John Bonadio of Maine Commercial Realty.
Portland's vibrant food scene will welcome a new establishment, as Wow India Fusion Restaurant and Bar LLC leased 3,000 square feet at 649 Congress St. The deal was managed by Emmett Peoples and MacKenzie Simpson of Porta & Co.
Additionally, Skowhegan Savings Bank renewed its 3,040-square-foot retail lease at 283 Marginal Way in Portland, signaling continued confidence in the location. This renewal was brokered by Chris Craig and Justin Lamontagne from the Dunham Group.
