Affordable & BRAND NEW apartments in Portland, Maine

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28 brand new apartments, moderately priced, are due to be finished and for lease by the end of 2017. Contact Peter@NorthlandUS.com if you world like to be on the waiting list.

Northland Enterprises is happy to report that construction has begun on new apartments — with moderate rents — at 443 Congress Street in Portland. Also, you can now indicate your interest in leasing one of these units. Northland will keep your contact information, and we will be in touch with you before we advertise any of these brand new units in the newspaper or on Craig’s list. We expect these apartments to be ready for lease by January of 2018.

If you’d like to get onto the waiting list, please send your contact information and a brief message to Peter@NorthlandUS.com.

Josh Benthien is a partner at Northland. In this video, he describes the units, which will be located right on the edge of the Old Port. The building is being totally renovated, and will include eight 2-bedroom apartments, sixteen 1-bedroom apartments, and four studio units. Everything will be brand new.

It is widely known that the City of Portland, Maine is in the middle of a pretty tight housing crunch. In fact, Benthien experienced this phenomenon himself when he first moved to the city several years ago, as reported recently in the Portland Press Herald. The paper also published an in-depth series on the problem, called “Welcome to Portland: NO VACANCY.”

Developers have been building high-priced condominiums, of course, but this is one of the first major “change in use” projects in many years that will introduce brand new apartment units right into the heart of Portland downtown. If city living is for you, drop a line to us at Peter@NorthlandUS.com, and we’ll put you on the list.

Commercial real estate pushing Portland’s West Bayside forward

Mainebiz magazine reporter Laurie Schreiber recently wrote a very thorough article about commercial real estate development that is helping to transorm Portland’s West Bayside neighborhood. “A growing number of retail and residential offerings are attracting visitors and prospective residents to the area between Congress Street and Marginal Way,” according to Schreiber.

The article reviews some of many new economic development projects that have been transforming that part of town, including Century Plaza, which Northland has been developing for several years now.

The solid forward momentum is likely continue, as the City of Portland moves forward with its plans to sell seven public works parcel. This property includes land and buildings and totals four acres. The city is in the process of putting these assets on the market, which could lead to further revitalization in the next several years, between Portland, Parris, Alder and Kennebec streets. The city says its goal is to stimulate private sector investment for 24/7 mixed-use development such as small retail or residential.

For the full Mainebiz article, CLICK HERE.

More commercial real estate development has also led to more residential units, like these 55 new apartments on Treble Street. The City has experienced a housing crunch for many years.

More commercial real estate development has also led to more residential units, like these 55 new apartments on Treble Street. The City has experienced a housing crunch for many years.

BAYSIDE UPDATE: Popular deli opening second location

Northland Enterprises continues effort to bolster neighborhood

(Portland, Maine) A busy, locally-owned eatery in Falmouth will be opening a second location in Portland’s burgeoning Bayside neighborhood, at 200 Kennebec Street, across the street from Century Plaza.

Levitt & Sons Deli is coming to Portland, Maine.

Peter Leavitt loves making great food.

Northland Enterprises, LLC, a commercial real estate development company based in Portland, announced that it has reached a lease agreement with Leavitt & Sons, a popular deli just off U.S. Route 1 in Falmouth, at 37 Depot Road. Josh Benthien, a partner at Northland, said the addition of Leavitt & Sons advances Northland’s effort to help community efforts to revitalize Bayside.

“This is a distinctive eatery, locally-owned by somebody with a great reputation, and who consistently puts out a quality product,” Benthien said. “We know our neighbors are encouraging a community feel in this area, and this will help.”

(Take a look at Levitt’s menu HERE.)

Peter Leavitt owns and operates the Falmouth deli, and said he will personally direct the company’s expansion. “Leavitt’s and Bayside are a perfect match. I like the visibility there, and the positive energy that is very obvious in that area. Bayside is clearly on the upswing,” Leavitt said. Leavitt expects to open for business later in 2017. The deli will join other businesses that Northland has attracted to the neighborhood, including Chipotle and a T-Mobile retail store. Century Plaza is the former Century Tire property on Marginal Way. Century Tire closed in February 2014 after almost 90 years in business.

Northland Enterprises has been managing and re-developing commercial real estate since 2001, in Maine communities and several others in the northeast Unites States. It is based in Portland, Maine.

Commercial real estate development in Portland, Maine.

Leavitt & Sons Deli is opening a Portland location in 2017.

Commercial real estate update, West Bayside

The West Bayside neighborhood in Portland, Maine continues to rebound. We always try to leave things better than we find them, and we also try to keep taxpayers informed in all the communities in which we do business. If you’d like a quick update, here’s a video report from Josh Benthien, a partner at Northland Enterprises.

Northland hires Peter Tousignant

img_3733(Portland, Maine) Peter Tousignant has joined Northland Enterprises as Finance Director. (Click here for video summary.)

Previously, Tousignant spent five years as an officer at TD Bank, where he underwrote over $450 million of real estate projects and real estate investment funds, including many high profile projects financed with federal tax credits. Prior to TD, he analyzed commercial properties for Corporate Finance Associates, The Eagle Point Companies, and as an independent consultant. He has extensive experience in analyzing, underwriting, and closing complicated real estate projects.

After graduating from the University of Arizona, Tousignant earned an MBA from the University of Southern Maine. He may be reached at peter@northlandus.com

Northland Enterprises (www.NorthlandUS.com) was founded in 2001. It is a commercial real estate development company that believes highest and best use of properties is good for communities, tenants and investors.

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UPDATE: commercial real estate, Portland, Maine

We are in front of the Planning Board tomorrow night, September 20th, a key milestone. We’ve worked with the City of Portland for three years now on the redevelopment of the old Elks building on outer Congress Street. This key gateway to the city — right outside the airport — will host new businesses, generate new tax revenue and help Portland make a good first impression on visitors. It will also keep many jobs here that would otherwise move outside the city. The planning process is almost finished, and construction should start in early 2017. In this video, Josh Benthien updates the taxpayers of Portland.

Chipotle big step forward in Marginal Way makeover

(Portland, Maine) Chipotle Mexican Grill has opened at 45 Marginal Way, the first new business open to the public in a redeveloped business complex planned by Northland Enterprises of Portland.

Chipotle is a popular chain of fast food restaurants that operates in the U.S., the United Kingdom, Canada, Germany and France. The restaurant will be joined on the property by a T-Mobile retail store, and according to a Northland official, the two will be the anchor tenants at the property, which is now called Century Plaza.

“It’s always exciting to see business come to life in an area that’s being redeveloped,” said Josh Benthien, who along with his business partner Rex Bell is a principal owner of Northland. “Since the closing of Century Tire, the neighbors have been eager to see the area bounce back. It’s been a complex project, but we’ve worked closely together with Portland City Hall, and it’s nice to see that work come to fruition.”

Benthien has released a “report to the community” on YouTube, detailing his company’s redevelopment activities in the area. (LINK: https://youtu.be/ZERTFURDVG8)

Northland purchased the former Century Tire property from Atlantic Bayside Investments in 2015. In addition to the Century Tire site, Northland also acquired 1 Marginal Way, 200 Kennebec Street and 202 Kennebec Street, all of which it plans to redevelop. Century Tire closed in February 2014 after almost 90 years in business at 45 Marginal Way.

Commercial real estate developer makes progress at 45 Marginal Way, Portland, Maine.

Northland Enterprises has been working hard on the rebound happening right now on Marginal Way in Portland, Maine.Josh Benthien issues community update

Portland firm wins national award for enviro clean-up & redevelopment

commercial real estate Sanford Maine

Northland Enterprises won a Phoenix Award, along with the City of Sanford, for excellence in brownfield redevelopment.

(Portland, Maine) The redevelopment of an abandoned mill building in Sanford, Maine won national recognition in September, with a Phoenix Award going to Northland Enterprises of Portland for outstanding execution in cleaning up a former brownfield site and transforming it into a significant community asset.

Standing in for Northland Enterprises in Chicago were Sanford city manager Steve Buck, city planner Jim Gulnac and Jim Nimon, executive director of the Sanford Regional Economic Growth Council. The awards ceremony was part of the National Brownfields Training Conference, sponsored by the U.S. Environmental Protection Agency, and attracting government and business leaders throughout the nation. Northland’s work on the Sanford Mill was completed in August of 2013, and redevelopment from the beginning of the project was in close cooperation with city officials. Gulnac paid tribute to the public/private partnership with Northland.

“In the business of brownfield redevelopment, this is like winning the Oscar,” Gulnac said. “Northland’s participation far exceeded their huge financial contribution. They were patient and persistent, considering all the bureaucratic red tape, and they were ‘all in’ from the start of the project. This was a great partnership.”

The redevelopment of Sanford Mill took seven years from start to finish, according to Josh Benthien, a partner at Northland Enterprises. Located at 61 Washington Street, Sanford Mill is a mixed-use development that includes both residential units, as well as office and retail space. It’s part of the Sanford Mill Historic District, and is the nearest mill building to the center of the city’s downtown. Benthien said that of the $12 million invested in the project, nearly $11 million went to Maine-based contractors and companies. Benthien and business partner Rex Bell commented on the Sanford Mill project in a YouTube video published earlier this summer.

Northland Enterprises also contributed $10,000 earlier this year to help with infrastructure and landscaping needs at Gateway Park. The park is an approximately 1-acre parcel that allows citizens to enjoy an overlook and waterfall near Number One Pond and the Mousam River, at the corner of Riverside Avenue and Washington Street.

Northland hires Conor Beliveau

Northland Development hires Conor Beliveau

Conor Beliveau, our new Development Officer, is a great addition to the Northland team!

(Portland, Maine) Conor Beliveau has joined Northland Enterprises as a Development Officer.

Beliveau joins the Northland team having previously worked as the marketing director at a commercial mill property in southern Maine. He is a licensed real estate broker. At Northland, Beliveau will participate deal structuring and underwriting, acquisitions, marketing, and tenant relations.

A Maine native, Beliveau has also worked as a commercial fisherman and an organic farmer. He is an avid athlete and outdoorsman who enjoys telemark skiing, surfing, tennis, ultimate Frisbee and other pursuits.

Great news for Northland clients

(Portland, Maine) Tim Meyer has joined Northland Enterprises as Director of Property Services.

(VIDEO: Northland partners Rex Bell and Josh Benthien welcome Meyer, discuss why having a good property manager is so important.)

Meyer previously spent 12 years at Benchmark Construction in Westbrook as a superintendent. He has also worked with PM Construction in Saco and Ouellette Associates in Brunswick. He currently oversees all subcontractor/vendor assignments at Northland-owned properties, working with company personnel to formulate multi-year plans to achieve energy efficiency and sustainability.

Tim Meyer currently resides in Freeport with Jeanne, his wife and daughter Kelsey and son Willets. He enjoys spending time with his family in the outdoors — kayaking, boating, skiing, and spending time at the beach surfing with his kids.