Loring Commerce Centre

What Loring Commerce Centre does

Loring Commerce Centre (LCC) is a commercial, industrial, and aviation business park located in Limestone, Maine, on the site of the former Loring Air Force Base decommissioned in 1994. The park spans over 3,800 acres of developed area and offers more than 900,000 square feet of unoccupied or underutilized buildings and developable sites, supported by high-capacity municipal utility infrastructure, a private airport, and a newly constructed dark fiber network. Its core offering is "open the door ready" real estate and infrastructure for businesses seeking to expand, relocate, or launch new ventures, with sector-specific facilities spanning Aviation/Aerospace/UAS, Forest Products (CLT and mass timber), Agriculture Products, Renewable Energy (solar and biofuels), and Manufacturing Technologies.

The entity functions as a public economic development organization, evidenced by its Board of Directors governance structure, business incentive programs, and workforce development mandate. It currently houses 25+ business entities employing more than 750 personnel across these target verticals. Supporting services include workforce development in partnership with Northern Maine Community College, business incentives, and tenant marketing through a website, newsletter, and on-site business directory. Distribution is executed via direct enterprise field sales: prospective tenants engage LCC directly through phone and email inquiries after reviewing available properties on the website.

The revenue model is built on commercial and industrial property leasing of buildings and developable sites to tenant entities. Pricing is not publicly disclosed and requires direct inquiry. As a likely public economic development authority rather than a profit-maximizing operator, financial disclosures (revenue, financials) are absent from public sources, and the organization's primary success metrics appear to be job creation, capital deployment, and tenant diversity rather than margin optimization. Leadership is held by Carl Flora as Chief Executive Officer and President.

Name

Loring Commerce Centre

Legal name

Loring Commerce Centre

Website

https://loring.org

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Loring Commerce Centre operates a 3,800-acre commercial, industrial, and aviation business park in Limestone, Maine, on the former Loring Air Force Base site, leasing facilities to 25+ businesses across aerospace, forest products, agriculture, renewable energy, and manufacturing sectors with on-site workforce development and dark fiber connectivity.

Ownership category

akta.pro rank

Product category

Industrial Park Operations and Commercial Real Estate Leasing

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB)

akta.pro secondary industries

Land & Development Site Brokerage (BPAJABAG), Industrial Land & Build-to-Suit Site Brokerage (BPAJACAJ)

Keywords

• Industrial park leasing
• Aviation park facilities
• Commercial real estate
• Economic development services
• Business site leasing

Headquarters

HQ city

Limestone

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Commercial and Industrial Property Leasing: Revenue generated from leasing available buildings and developable sites to business entities. The centre offers over 900,000 square feet of unoccupied or underutilized buildings and developable sites.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Loring Commerce Centre operates a commercial, industrial, and aviation business park on the former Loring Air Force Base in Limestone, Maine, leasing buildings and developable sites to business entities across target sectors. The park encompasses 3,800+ acres of developed area, 900,000+ square feet of unoccupied or underutilized buildings, a private airport, high-capacity municipal utility infrastructure, and a newly constructed dark fiber network. Supporting offerings include workforce development services and business incentive programs for companies expanding, relocating, or launching at the centre.

Product overview

Loring Commerce Centre (LCC) is a commercial, industrial, and aviation business park operated as a single unified platform offering diverse sector-specific facilities and services. The core offering includes industrial properties and infrastructure across multiple target sectors: Aviation/Aerospace/UAS, Forest Products, Agricultural Products, Renewable Energy, and Manufacturing Technologies. Supporting services include Available Properties (real estate portfolio with 3,800+ acres and 900,000 sq ft), Workforce Development Services, Business Incentives, and Dark Fiber Network infrastructure. The business park functions as an 'open the door ready' economic development platform with high-capacity municipal utility infrastructure supporting company relocations, expansions, and new venture launches.

Differentiator

Problem solved

Functional benefit

Products and services

• Aviation, Aerospace, and UAS Complex
• Forest Products Facilities
• Agricultural Products Processing Facilities
• Renewable Energy Development Sites
• Manufacturing Technologies Facilities
• Available Commercial and Industrial Properties
• Workforce Development Services
• Business Incentives Program

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Northern Maine Community CollegecoreStrategic or Co-development PartnerWorkforce development partnership. Northern Maine Community College supports workforce building at Loring Commerce Centre, providing training and workforce pipeline for businesses locating at the centre.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• North Carolina Global TransPark: A publicly-operated aviation/industrial park built on a converted military airfield in Kinston, NC. Closest analogue to Loring: repurposed runway with manufacturing, aerospace, and MRO tenants, single-site economic-development operation.
• Spaceport America: A publicly-operated space/aviation complex in New Mexico offering runway and aerospace tenant infrastructure. Comparable to Loring's aviation complex in serving UAS, autonomous systems, and emerging aerospace tenants under a public-authority model.
• Industrial Realty Group: Private firm that acquires and redevelops former military bases and large industrial campuses for adaptive reuse. Most directly comparable operating model to Loring's conversion-driven industrial leasing business.

Broad incumbents

• Prologis: The largest global industrial REIT. While operating at far greater scale and geography, Prologis benchmarks what institutional industrial leasing looks like – the competitive ceiling Loring would face for major national tenants.
• First Industrial Realty Trust: Public industrial REIT focused on manufacturing, R&D, and distribution facilities across the U.S. Directly competes for the same large-scale industrial tenants Loring targets, but with broader geographic reach.
• Rexford Industrial Realty: Industrial REIT specializing in infill and last-mile industrial in Southern California. Represents the higher-end of the leasing-rate distribution that Loring could approach if it modernizes its product.
• Terreno Realty Corporation: Industrial REIT focused on infill industrial assets in six major U.S. coastal markets. Comparable business model of acquiring, redeveloping, and leasing industrial flex space to growing tenants.
• STAG Industrial: Public industrial REIT with a diversified, multi-tenant single-tenant portfolio across the U.S. Similar in philosophy of leasing flexible industrial space to a wide variety of operating tenants.
• EastGroup Properties: Industrial REIT focused on multi-tenant industrial business parks in Sunbelt growth markets. Comparable multi-tenant industrial park operating model to Loring, though in higher-growth geographies.

Regional players

• WGN Aerospace & Industrial Park: Maine-based economic-development / industrial park operator offering commercial, industrial, and aviation acreage in northern New England. Geographic peer competing for similar tenants within the same regional labor pool.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Loring Commerce Centre