Magnusson Balfour Commercial & Business Brokers

Magnusson Balfour Commercial & Business Brokers The Magnusson Balfour Team is a division of Keller Williams Realty in Maine. We also provide guidance in any of these areas on a consulting basis.

Located in the city of Portland, Magnusson Balfour is a leading resource in Maine for commercial real estate and business brokerage services. We can help you with selling, leasing, or buying commercial property and selling or buying a business. With over 50 years of experience, we have comprehensive knowledge and the specialized expertise our clients need to succeed.

According to Maine Real Estate & Development Association, Southern Maine has more than 36 million square feet of industr...
09/25/2026

According to Maine Real Estate & Development Association, Southern Maine has more than 36 million square feet of industrial real estate spread across more than 1,050 buildings—and only about 3.3% was vacant in the 2026 market survey.

📢 PSA for Maine employers and employees: Maine’s minimum wage will increase by 60 cents to $15.70 per hour in 2027, up f...
09/24/2026

📢 PSA for Maine employers and employees: Maine’s minimum wage will increase by 60 cents to $15.70 per hour in 2027, up from the current rate of $15.10.

The annual adjustment is required under Maine law and is tied to changes in the cost-of-living index for the Northeast, which increased 4.1% from August 2025 to August 2026.

According to the Maine Department of Labor, an estimated 28,000 hourly workers earned less than $15 per hour in 2025—about 8% of Maine’s hourly workforce.

Employers should plan ahead for the new rate taking effect at the beginning of 2027.

New week, new opportunities across Maine.Our latest Magnusson Balfour listing update features a range of commercial prop...
09/22/2026

New week, new opportunities across Maine.

Our latest Magnusson Balfour listing update features a range of commercial properties for sale and lease, including investment, mixed-use, and industrial opportunities for business owners, investors, and developers.

Take a look at what’s currently available:
https://mailchi.mp/b6380f8ed631/weekly-listing-update-professional-office-space-available-10982466

See something that catches your eye? Give us a call at 207-774-7715 for more information.

Congratulations to Area Leasing & Development Corporation on the successful lease of 5,370± SF of office space at 405 Wa...
09/18/2026

Congratulations to Area Leasing & Development Corporation on the successful lease of 5,370± SF of office space at 405 Water Street in Gardiner to Mid Maine Eye Care, PLLC.

Mid Maine Eye Care plans to open in November and will provide comprehensive eye care services, including routine eye exams, medical eye care, and optical services. This lease brings another respected healthcare provider to Gardiner while further strengthening the property's tenant mix.

Magnusson Balfour Team's Dennis Wheelock represented the landlord in the transaction.

Congratulations to everyone involved!

Maine small businesses aren’t just serving local markets — they’re reaching well beyond state lines.According to the lat...
09/16/2026

Maine small businesses aren’t just serving local markets — they’re reaching well beyond state lines.

According to the latest SBA Small Business Profile, 1,676 Maine firms exported goods, and 1,390 of them were small businesses. That means small businesses made up 82.9% of Maine exporters.

Even more impressive? Small firms accounted for $1.3 billion in exports, representing 51.1% of Maine exports by identified firms.

It’s a strong reminder that Maine’s small-business economy has influence far beyond our borders — and that the right space, location, and growth strategy can help businesses compete on a much larger stage.

Mainebiz recently reported that Maine SBDC is preparing for a major leadership transition.State Director Mark Delisle pl...
09/10/2026

Mainebiz recently reported that Maine SBDC is preparing for a major leadership transition.

State Director Mark Delisle plans to retire on February 1, 2027, after nearly two decades of service to Maine’s small business community. Since becoming State Director in 2008, Delisle has helped guide Maine SBDC through significant growth, expanding its statewide network and partnerships.

During his tenure, Maine SBDC has assisted nearly 25,000 individuals, helped launch almost 2,500 new businesses, supported the creation or retention of more than 14,000 jobs, and helped clients access nearly $710 million in funding.

The University of Southern Maine and Maine SBDC have launched a nationwide search for the organization’s next State Director, with interviews expected this fall.

It’s a notable moment for one of Maine’s key small business resources — and a reminder of how important strong advising, funding access, and statewide partnerships are to Maine’s entrepreneurial ecosystem.

One size doesn’t fit every development. That’s why our land portfolio across Maine includes everything from smaller infi...
09/08/2026

One size doesn’t fit every development. That’s why our land portfolio across Maine includes everything from smaller infill parcels to multi-acre tracts suited for large-scale projects.

Commercial. Industrial. Retail. Mixed-use. Residential development lots.

Whether your buyer needs a highly visible corner site, expansion acreage, or land positioned for subdivision potential, the Magnusson Balfour Team represents a wide range of opportunities across multiple markets.

Explore available land:
https://mailchi.mp/fb5627c8e993/weekly-listing-update-professional-office-space-available-10982155

📞 Have questions or need more details? Reach out—we’re here to help! 207-774-7715

Congratulations to Wayne Oliver and Thomas Oliver on the successful sale of approximately 50 acres of raw land along Atl...
09/04/2026

Congratulations to Wayne Oliver and Thomas Oliver on the successful sale of approximately 50 acres of raw land along Atlantic Avenue (Route 1) to Hilton Timber Management, LLC.

Spanning both Damariscotta and Nobleboro, this expansive property features a diverse natural landscape and is well suited for timber harvesting. The transaction represents the transfer of a significant tract of Midcoast Maine timberland to a company focused on sustainable forest management.

Magnusson Balfour Team's Zach Resnikoff and Kirk Butterfield represented the sellers in the transaction.

Congratulations to everyone involved!

As summer winds down, now is a smart time for investment property owners to take stock of maintenance, operations, and u...
09/02/2026

As summer winds down, now is a smart time for investment property owners to take stock of maintenance, operations, and upcoming seasonal needs. A little planning now can help prevent costly surprises, improve tenant experience, and keep your property running smoothly through the colder months.

Swipe through our end-of-summer/early-fall checklist for a few key items to tackle before winter sets in.

Address

50 Sewall Street
Portland, ME
04102

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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