Marijuana boom is 1 reason Bangor has almost no industrial real estate available

“But there are limited opportunities for industrial space without new construction.”It is part of a trend that reached Bangor later than other areas of Maine. Greater Portland, Brunswick and Topsham and the Lewiston-Auburn areas are also seeing new construction and escalating lease and purchase prices for industrial space. “There’s seemingly no amount that cannabis companies won’t pay to get real estate,” Justin Lamontagne, a broker at The Dunham Group, said. But marijuana companies can operate in places with lower ceilings, said David Hughes, an industrial real estate broker with Epstein Commercial Real Estate in Bangor. A big area of need is for smaller industrial space of 5,000 square feet or less.