Mainebiz

February 7, 2022

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F U L L C O N T E N T S O N PA G E 4 F O C U S C O M M E R C I A L D E V E L O P M E N T P H O T O / DAV E C L O U G H 28 Real estate rush While the economy is full of surprises, the MEREDA conference showed real estate is still hot property. 22 Franchise haven A number of fast-food and coffee chains are finding Maine a welcoming place. Ed Glaser, mayor of Rockland, on a parcel of working waterfront that is up for sale. He cites the need for new investment and growth. C O M M E R C I A L D E V E L O P M E N T F O C U S S TA R T I N G O N PA G E 1 8 Saco & Biddeford • Value-add Opportunities • Active Sales & Prices Increases • More Accessible Price Point for Buyers Saco & Biddeford Median Prices 2-4 Units Highlight $350,000 $425,000 $490,000 $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 2-Units 3-Units 4-Units 2017 2018 2019 2020 2021 3-Units 2-Units 4-Units B y J e s s i c a H a l l Real estate boom and changing demands threaten what's left of Maine's working waterfront $3.50 February 7, 2022 VO L . X X V I I I N O. I I I www.mainebiz.biz

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