Top Ten Commercial Real Estate Sales Q1 & Q2 – Barnstable Co., MA
The top ten commercial real estate transaction on Cape Cod for the first half of 2010 ranked by reported transaction price. … Learn More
Let’s Go the Movies
Going to a drive-in theater or cinema was a popular past time on Cape Cod for visitors and residents alike. Over the years, the landscape has changed with some gone and some still remaining. Here's a nostalgic look at some of the cinemas and drive-in many will remember. For best viewing, click on the full screen icon (see four opposing arrows) … Learn More
Featured Listing
Midway Motel & Cottages North Eastham, MA Offered at $990,000 This attractive continually updated and meticulously maintained accommodation property has been owned and operated by the present owner since 1983. Throughout this period income has grown almost every single year. Midway Motel & Cottages is situated on 2.6 acres of beautifully … Learn More
Bed and Breakfast Sector Seen Awakening From Year Long Slumber
In 2009, the bed and breakfast sector on Cape Cod was in a deep sleep with lots of tossing and turning. Based on year-to-date sales activity in 2010, however, the grogginess is fading and this sector like a sleep deprived teenager is now showing clear signs of awakening. In terms of completed transactions, 2009 was the worst on record since the … Learn More
Lead Stories
Mixed-Use Village Proposed in Forestdale
Forestdale, MA - A 75.9 acre parcel of land located in the easterly side of Route 130 in Forestdale, MA is the site of a proposed mixed-use development … [Read More...]
Harwichport Mixed-Use Property Sold
Harwichport, MA - In June 2010, long-time Cape Cod real estate professional Mike Ulrich brokered the sale of The House of Morgan property located at 546 … [Read More...]
Investment Group Buys Provincetown Hotel
Provincetown, MA - In mid June 2010, Finard Properties and its affiliate Black Oak Realty Advisors acquired The Cape Inn Resort in Provincetown, MA … [Read More...]
Bill Zammer Named Massachusetts Restaurant Association’s Chairman of the Board
Southborough, MA - William “Bill” Zammer, Jr., owner/operator of several lodging and foodservice facilities on Cape Cod (known as Cape Cod Restaurants, … [Read More...]
Transactions
Nantucket Commercial Property Changes Hands
Nantucket, MA- A two-story commercial property located at 35 Center Street sold in February 2010 for $1.4 million to Center of Town LLC. The 1,800 square foot structure on a .04 acre lot offers retail … [Read More...]
WGBH Purchases Historic Davis House, Renovation Planned
WOODS HOLE - In mid December 2009, public service broadcaster WGBH purchased the historic Davis House at 3 Water Street in Woods Hole from fellow nonprofit the Children’s School of Science. The move … [Read More...]
Self Storage Facilities in Falmouth, MA and Fairhaven, MA Under New Ownership
FALMOUTH, MA -- Storage Opportunity Partners LLC and Storage Pros Self Storage acquired self storage facilities in Falmouth and Fairhaven, MA in mid-August. The Falmouth facility, formerly operated … [Read More...]
Market Snapshot: Edgartown, MA
Edgartown, MA- While most market areas are currently experiencing contraction and increasing distress, commercial property fundamentals in the small Down Island business district in Edgartown on Martha's … [Read More...]
Lost Dog Pub Finds Second Home
ORLEANS, MA - Tom Davis, Richard Catania and Adam Bauer of Weichert Dunhill Commercial of Hyannis, MA brokered the sale of the restaurant formerly known as The Coast located at 63 Route 6A in Orleans, … [Read More...]
Top 15 Cape Cod Commercial Real Estate Sales of 2008
A slideshow of the top fifteen commercial real estate sales on Cape Cod MA in 2008, ranked by sale price. (Note: The 2008 Market Report no longer being distributed. Be sure to watch for the 2009 annual … [Read More...]
New Hands at the Wheel for Former Ford Dealership
FALMOUTH, MA - Nearly one year to the day after it closed for business, the former Lighthouse Ford property at 343 Dillingham Road in Falmouth changed hands. According to a deed filed on November 11, … [Read More...]
Hey Where Ya Going? Former Thompson’s Farm Market Property Sold
HARWICHPORT, MA - The former Thompson's Farm Market in Harwichport, MA changed hands in mid October 2008. According to a filed deed, the purchase price was $2,250,000 and the buyer was Building Down the … [Read More...]
Spirited Effort Will Put Wind Beneath Tired Wings
DENNISPORT, MA - The former Wings property located at 438-444 Route 28 in Dennisport is scheduled to take flight and this time it looks for real. A.J. Lukes Liquors of Dennisport, with an established … [Read More...]
The Art of the Deal: The International Inn Sold
In October 2008, the 141-unit International Inn in Hyannis, MA sold for $5.8 million. The sale was handled by Carey Commercial. Chuck Carey, principal of the Cape Cod commercial real estate and business … [Read More...]
Consultant’s Corner
When I began entering commercial real estate data into a database in 1995, I never imagined it would mark the beginning of an evolving 14 year project. And the same project would wind up having an unusual but suitable name. Today the product of this effort is a powerful proprietary analytical tool which is being leveraged to provide exceptional benefits for discerning valuation clients throughout Southeastern Massachusetts. Known [...]
Cape Cod Business News
Wal-Mart Proposes Second, Larger Store in West Wareham
East Wareham, MA- In late June 2010, Wal-Mart representatives appeared before the Wareham Planning Board presenting plans to relocate the existing Wal-Mart along Cranberry Highway in East Wareham … [Read More...]
Gas Mart Proposal Recinded
Orleans, MA - Developers of a proposed Stop & Shop self-service gas mart at the Cranberry Cove Plaza on Route 6A in Orleans, MA announced in May 2010 their decision to withdraw the project. While … [Read More...]
Reported Portfolio Offering Includes an Interest in Cape Cod Mall
Hyannis, MA - According to published reports in the Boston Globe, Boston Herald, and a number of business and commercial real estate publications in June 2010, anonymous sources have reported that a … [Read More...]
With Chevrolet Out, Only One Falmouth Dealership Stays In
FALMOUTH, MA - In January 2010, seemingly without much public notice and information after the fact, Harbor Chevrolet at 171 Worcester Court cleared its lots, posted closed signs on the showroom … [Read More...]
Market Snapshot: Woods Hole, MA
Nestled in the extreme southwest portion of Barnstable County, MA within the Town of Falmouth, the village of Woods Hole is argueably the most diverse, enduring and unique of all the many business … [Read More...]
Cape Cod Small Business Museum
Let’s Go the Movies
Going to a drive-in theater or cinema was a popular past time on Cape Cod for visitors and residents alike. Over the years, the landscape has changed with some gone and some still remaining. Here's a … [Read More...]
The One BIG Opportunity on Cape Cod
The large image featured at the very end of this post is of an actual advertisement contained in the May 1926 issue of Country Life magazine, a publication targeting an affluent readership. As … [Read More...]
The Flying Bridge, Falmouth, MA
The Flying Bridge is truly one of Cape Cod's landmark restaurants. Situated on Falmouth Inner Harbor, the restaurant was built in 1957 by Fred Wormelle. The prominent location and stylized design which included an … [Read More...]
Small Business Mergers and Acquisitions
Kinlin Grover GMAC Acquired by Randall Realtors GMAC
OSTERVILLE, MA & CHARLESTOWN, RI - Kinlin Grover GMAC Real Estate has been sold to Randall Realtors GMAC Real Estate. Together, the two companies now have 18 offices and more than 400 sales associates … [Read More...]
Hess Acquires Eleven Cape Cod Gasoline Convenience Stores
On January 30, 2009 Hess Corporation acquired 11 Christy’s of Cape Cod gasoline-convenience stores. The sale evidently included the outright purchase of six properties and lease assumptions on the remaining … [Read More...]
Sandpiper and Dowling & O’Neil Insurance Agencies Merge
HYANNIS, MA - Sandpiper Insurance Agency merged with Dowling & O'Neil Insurance Agency in early November 2008. Sandpiper Insurance has been operating on Cape Cod since 1991. Following the merger, the … [Read More...]
