August 6, 2026 - 01:29

August brought a steady flow of commercial lease signings across Maine, with activity concentrated in the Greater Portland area, along the midcoast, and in a few northern hubs. Brokerages across the state reported deals ranging from small office suites to large industrial warehouses, reflecting a continued demand for flexible space and logistics-ready properties.
In Portland, the former bakery building on Fox Street saw two new tenants move in. A specialty coffee roaster took 4,200 square feet for production and a small tasting room, while a digital marketing agency leased 3,100 square feet on the second floor for its growing team. Both leases are for five years, with options to renew. The building owner said the mix of light industrial and creative office use was intentional, aiming to keep the property active throughout the day.
Down in South Portland, a national auto parts distributor signed a seven-year lease for 28,000 square feet at the former distribution center on Running Hill Road. The space will be used for regional parts storage and same-day delivery staging. The landlord invested in new dock doors and LED lighting before the tenant moved in. That deal was one of the largest by square footage reported this month.
Further north, in Bangor, a healthcare network renewed its lease for 15,000 square feet of medical office space on Union Street. The renewal includes a full interior renovation, with the landlord covering build-out costs in exchange for a longer term. The network said it needed the space for expanded physical therapy and lab services.
On the midcoast, in Rockland, a boatbuilder took over a 12,000-square-foot workshop at the old fish processing plant on the waterfront. The lease runs for ten years, with the tenant planning to install a new hoist and spray booth. The property had been vacant for nearly two years, and local officials welcomed the deal as a boost for working waterfront jobs.
Smaller deals also filled in the gaps. In Westbrook, a craft brewery leased 6,500 square feet for barrel aging and storage. In Auburn, a call center expanded by 5,000 square feet in the same building it already occupied. And in Waterville, a nonprofit took 2,800 square feet for its administrative offices, moving from a smaller space across town.
Brokers noted that asking rents held steady in most markets, though industrial rates in the Portland area ticked up slightly due to low vacancy. Several agents said they expect the fall to bring more activity as businesses finalize their year-end plans. The full list of transactions, including landlord and tenant names, is available through the participating brokerages.
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