The Dunham Group

We’re proud to see Bryan Plourde featured in this guest column for Mainebiz, offering thoughtful insight into how artificial intelligence is shaping Maine’s commercial real estate landscape.

AI is quickly becoming an integral part of the CRE toolkit—streamlining data analysis, elevating marketing strategies, and supporting more informed decision-making. As Bryan points out, however, technology doesn’t replace what matters most. Strong relationships, deep local knowledge, and human connection remain at the center of every successful transaction.

What AI could mean for Maine's commercial real estate industry The rise of AI in commercial real estate is already here, in the form of lease abstractions, comp searches, financial modeling and market reports, our guest author writes.

A milestone transaction for Maine’s commercial real estate market.

$23.5M office sale at 33 Sewall Street in Portland has officially become the largest office transaction in the state so far this year.

The Dunham Group is proud to have brokered this transaction, representing a successful outcome for all parties involved.

We continue to see strong demand for well-positioned office assets across Maine, reinforcing confidence in the region’s market.

👉 Read more: https://mainebiz.biz/article/23-5m-deal-tops-maine-office-building-sales-to-date/

$23.5M deal tops Maine office building sales to date The property was never formally marketed. A targeted outreach process to a select group of six qualified medical real estate investment trusts resulted in competitive interest.

Thank you Mainebiz for covering our 15th annual Industrial Market Survey! Check out the article below, and download the full survey from our website :

Industrial vacancy rate grows in southern Maine — but hovers just above 3% The vacancy rate for industrial properties in southern Maine has been rising after a decade of shrinking vacancies, and was at a 7-year high at the end of 2025, according to the Portland-based Dunham Group’s annual market survey.

We’re excited to be part of MEREDA’s 2026 Forecast Conference next week!

Our Partner/Broker, Sam LeGeyt, SIOR, will be sharing his insights on the industrial market during the Office & Industrial Outlook panel discussion.

Be sure to stop by our exhibition booth to:
📊 Pick up a copy of our 2026 Industrial Market Survey
🎁 Enter our prize giveaway
🎉 Grab some complimentary goodies

It’s here! Our 2026 Southern Maine Industrial Market Survey marks 15 years of tracking Southern Maine’s industrial market, featuring analysis and insights from Justin Lamontagne and Sam LeGeyt.

🔹 Now tracking 36M+ SF across 17 Southern Maine communities
🔹 Overall industrial vacancy at 3.32% (a 7-year high)
🔹 Signs of a more balanced market after years of historic tightness

👉 Download the survey here: https://www.dunham-group.com/news/2026-southern-maine-industrial-market-survey/

2026 Southern Maine Industrial Market Survey - The Dunham Group We are pleased to announce the release of our 2026 Southern Maine Industrial Market Survey, marking the 15th year of our report and a major milestone in

📣 Exciting news for Portland! A fun new destination for both four-legged friends and their humans is on the way. The indoor dog park­–with­ human amenities­–called Woof Play Eat has leased 15,090 SF at 49 Northport Drive. The lease was brokered by Sylas Hatch and TC Haffenreffer here at The Dunham Group.

The building still has 20,000 to 46,000± SF available — a great opportunity to join this dynamic tenant in a high-visibility, community-driven location. Reach out to Sylas for details!

Indoor dog park — with human amenities — is coming to Portland “I wanted a place where I could go with my dog, let him run around and come home,” said co-owner Marissa Sterl. “I asked Brad and he said, ‘You know, this is a great idea.’”

We’re excited to share that our brokers, TC Haffenreffer and Sylas Hatch, successfully represented the buyer in the off-market sale of a prime industrial property at 22–48 Spiller Drive in Westbrook, which closed at $13 million. Steve Baumann of Compass Commercial Brokers and Josh Soley from CORE represented the seller, Spiller Drive LLC.

The 134,000 SF property, anchored by leading glass and metal fabricator SIGCO, checked all the boxes for buyer NRTI—a joint venture between North River Company and Two Island Real Estate.

This deal reflects continued strength in Maine’s industrial market and demonstrates The Dunham Group’s ability to deliver strategic, high-value solutions—even in off-market scenarios.

Congrats to all involved!

Westbrook industrial property sold for $13M in off-market deal Factors making the deal attractive included a quality tenant, the relatively large scale of the property and a good location.

Fun Dunham Group outing on Peaks yesterday!

Big Congrats to our broker, Bryan Plourde, MAI, for being featured in Valuation Magazine—a well‑deserved recognition of his dedication, expertise, and contributions to the valuation profession.

Your commitment to excellence continues to raise the bar. We couldn’t be prouder to have you on our team, Bryan!

Valuation - Issue 2 2025 : Page 13 AWARDS SEASON Nominations due July 31 for 4 annual AI awards When Bryan Plourde, MAI, attendedlast fall’s recognition ceremony for newdesignees in the Appraisal Institute’s RegionIV, a...

We’re happy to share The Dunham Group’s 2025 Southern Maine Industrial & Office Market Mid-Year Review—featuring analysis from Justin Lamontagne, CCIM, SIOR on industrial trends and Samuel LeGeyt, SIOR on the office sector.



Read the review at the link below ↓

Industrial & Office Market Mid-Year Review - The Dunham Group We are pleased to share our 2025 Southern Maine Industrial & Office Market Mid-Year Review. The Mid-Year Review includes insightful analysis on the