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W W W. M A I N E B I Z . B I Z 5 F E B R UA R Y 1 0 , 2 0 2 5 Copyright 2025. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $84.00 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email circulation@ mainebiz.biz or call our circulation department at 845- 267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. 3 Viewpoints Editor's letter plus Top 10 25 Building Business Developer Nathan Szanton will move to Colorado, will hold onto Maine holdings 26 On the Record With Biddeford location in a renovated former church, My Place Teen Center aims to amplify its mission 27 In Short Newsworthy people and performances 30 The List Maine's largest commercial property leases B U S I N E S S M A I N E I N E V E RY I S S U E 6 Made in Maine Kelp for skin care? This Kittery startup has a formula 7 Ask ACE What about hiring interns to solve some staffing shortages? 9 Where Maine homebuyers came from in 2024 10 Politics & Co. Tariffs, trade war spark worry among Maine officials A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 26 Join us in welcoming Larry Wold as Senior Vice President, Commercial Lending. Larry brings over 35 years of banking experience supporting businesses throughout New England. Larry is excited to bolster the Bank's commercial lending efforts, helping operating businesses throughout Northern New England secure financing for working capital, capital expenditures, and other growth needs. Contact Larry today to see how we can help you. All loans subject to credit approval. The best choice for your business banking just got even better. 207-771-1222 lwold@barharbor.bank Considering a Commercial Project? Getting any complex commercial project o the ground requires a range of legal expertise – in site assembly, structuring, permitting, construction, financing, tax, and more. Our Maine-based commercial real estate and land use team has the breadth of experience needed for any size or type of project, including hotels, o•ce buildings, ski areas, large-scale residential subdivisions, water and wind projects, retail sites, and distribution centers. Contact us today and let us know how we can help get your project o the ground. Pierce Atwood. There's a reason… Eben Adams Rebecca Greenfield Margaret Smith Lisa Gilbreath Brian Rayback Peter Kenlan Merrill's Wharf · 254 Commercial Street · Portland, ME 04101 · 207.791.1100 · PIERCEATWOOD.COM