State: Maine - ME

Portland Press HeraldAircraft-engine maker Pratt & Whitney has renewed for 10 years its lease for 973,000 square feet of manufacturing space in North Berwick, Maine. Lexington Realty Trust, a New York REIT, owns the 50-acre property along North Wells Road. ...

Harvard CrimsonHarvard University is taking a one-year moratorium on making real estate investments in the area around its Cambridge, Mass., campus. The university announced the moratorium after signing a 10-year master lease on a tract at 65-79 Seattle St. in ...

Mount Desert Islander Ocean Properties Ltd. plans to build a 250-room hotel in Bar Harbor, Maine. The privately-held Portsmouth, N.H., hotel manager is assembling a development site in a residential area along West Street between Main and Rodick streets. Ocean ...

GE Real Estate has provided $80 million of financing for Bangor Mall, a 654,076-square-foot shopping center in Bangor, Maine. The mortgage, which GE plans to securitize, was provided to a venture led by Simon Property Group. The Indianapolis REIT increased ...

Banker & Tradesman Inland Western Retail Real Estate Trust has acquired a 232,273-square-foot retail center in Bangor, Maine, for $31 million. Jones Lang LaSalle represented the seller of the property, the Bangor Plaza Shopping Center. Tenants include Kohl's, Old Navy ...

Portland Press HeraldSunwest Management Inc., a seniors housing property manager, has proposed redeveloping a suburban Portland, Me., nursing home into an independent and assisted living facility. The Salem, Ore., company acquired the Viking Center in Cape Elizabeth, Me., last year ...

Portland Press Herald Kalmon Dolgin Affiliates acquired a 14-story office building in Portland, Maine, for $13 million, and seeks more deals there. The downtown property, known as the Time and Temperature Building, was sold by local developer Jeffrey Cohen, who ...