News: Northern New England

Bliss founders expand their presence in the Old Port

Portland, ME According to East Brown Cow and Malone Commercial Brokers, Bliss, a retail business, has expanded within the city’s Old Port district. Twenty-three years after opening their women’s boutique on Exchange St., Angela and John Foddrill said that Bliss Boutique is moving to a larger space in the newly renovated Thompson Block at 121 Middle St. Meanwhile, they are transforming the Exchange St. storefront into their new home collection, Baske. This is all in addition to Little, their sister store on Exchange St., that sells children’s brands and clothing.

“We are delighted to see Angela and John thrive and expand here in the Old Port,” said Tim Soley, president and CEO of East Brown Cow. “When we consider potential tenants, we look for local makers and purveyors who are deeply passionate about their products. That creativity adds a personal energy to the Old Port that is felt by every visitor. Supporting that authenticity strengthens the entire downtown ecosystem, creating a dynamic, sustainable environment where local talent and national brands complement each other. That balance helps the Old Port evolve while staying true to its roots.”

“Bliss has been part of my life for over two decades — it has grown alongside me,” said Angela Foddrill, co-owner of Bliss. “We fell in love with the space at 121 Middle St. the moment we saw it — it’s open, full of light, and gives us room to expand, creating an even richer shopping experience.” 

Bliss has always been about small, meaningful connections and pleasures — ethically made, beautifully designed pieces that make people feel good. This next chapter allows us to bring our community even closer by curating a space that feels warm, welcoming, and special. Retail is a labor of love, and I feel incredibly lucky to be part of shaping how our community looks, feels, and connects.”

The team is refreshing the Exchange St. location and will be opening it as Baske, a third retail shop for the brand, just in time for summer foot traffic. Baske is a modern home brand dedicated to creating spaces that invite people to slow down, savor moments, and find comfort in thoughtfully designed environments. Its location at 42 Exchange St. is part of the newly unveiled Old Port Square.

East Brown Cow first acquired 121 Middle St., the site of the new Bliss Boutique, in 2000. In May 2025, the building was honored with a 2025 Build Maine Award from the Associated General Contractors (AGC) of Maine for its historic renovation. The building’s first floor is dedicated retail space, while the upper levels showcase The Docent’s Collection, a boutique hospitality offering that fuses first-class hospitality with modern, mobile-first service. Upcoming plans for The Docent’s Collection include further expansion along Middle St., with construction soon to finish at 178 Middle St. and 184 Middle St., which are set to join the collection this summer.

Malone Commercial Brokers represents East Brown Cow in the leasing of their downtown assets. 

MORE FROM Northern New England

Reveler Development celebrates final phase of work at The Levee - new 51-unit apartment building in Biddeford

Biddeford, ME Reveler Development has begun construction on 10 Upper Falls Rd., the fourth and final phase of Reveler’s master-planned development in downtown,The Levee. “We’re thrilled to embark on this major milestone at The Levee,” said John Laliberte, CEO of Reveler
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units. 

The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion