Content about Cities in Maine

July 25, 2011

Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 25,000 sq. ft. for a T.J. Maxx store in the Aroostook Center Mall in Presque Isle, Maine.

Presque Isle, Maine -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 25,000 sq. ft. for a T.J. Maxx store in the Aroostook Center Mall in Presque Isle, Maine.

T.J. Maxx will join Lowes, Sears, J.C. Penney and others in this project. This 525,000-sq.-ft. center is owned by Sitt Assett Management.

Charter Realty currently represents TJX Cos. for their T.J.Maxx, Marshalls, Marshalls Shoes and HomeGoods divisions in various markets throughout the Northeast.
 

May 4, 2011

The Maine House on Wednesday voted to effectively repeal the Informed Growth Act, a law that was enacted four years ago to protect Maine's downtown business districts from big-box stores, The Portland Press Herald reported.

New York City -- The Maine House on Wednesday voted to effectively repeal the Informed Growth Act, a law that was enacted four years ago to protect Maine's downtown business districts from big-box stores, The Portland Press Herald reported.

The vote, while a preliminary one, followed an impassioned debate about the character of Maine's traditional downtowns and whether Wal-Mart and other large national chains have hurt local businesses or have helped them by attracting more people to communities, the report said.