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 firm relocated from 12 Enterprise Road in Hyannis to Dowling & O’Neil’s nearby office located at 973 Iyannough Road. Key Sandpiper employees will now work under the Dowling &… [Continue Reading]
Brokers Strike the Right Match with Tinder Box Sale
November 26, 2008 By Leave a Comment
Mashpee, MA- Kinlin Grover GMAC Commercial Real Estate based in Orleans, MA announced that Turnstone Enterprises has sold The Tinder Box to Jim and Cecelia Sullivan of East Sandwich, MA. The well known Tinder Box store located in Mashpee Commons next to Starbuck’s Coffee, sold for $175,000. The acquisition also included a satelite location at a local golf… [Continue Reading]
New Hands at the Wheel for Former Ford Dealership
November 21, 2008 By Leave a Comment
The former Lighthouse Ford property at 343 Dillingham Road in Falmouth changed hands on November 11, 2008 for an indicated $1,150,000.
SBA Loan Changes Seek to Increase Capital Access For Small Businesses
November 20, 2008 By Leave a Comment
WASHINGTON, DC – Important changes have been made to help SBA lenders increase access to capital for small businesses.
Innkeepers Get Creative to Attract Off-Season Guests
November 18, 2008 By Leave a Comment
Looking to market off-season accommodations beyond offering attractive room rates and romantic get aways, Maine innkeepers have found success by offering guests packages appealing to their special interests.
Hey Where Ya Going? Former Thompson’s Farm Market Property Sold
October 28, 2008 By Leave a Comment
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 Road, LLC. In a recent report published in the Cape Cod Chronicle the buyer was indicated to be affiliated with South Harwich based Back… [Continue Reading]
Spirited Effort Will Put Wind Beneath Tired Wings
October 25, 2008 By Leave a Comment
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 liquor store at the nearby Benny’s plaza has put into motion their plan to relocate to the former Wings property. As a key first step, in mid… [Continue Reading]
Sales Figures Reflect Softening Cape Cod Commercial Real Estate Sector
October 24, 2008 By Leave a Comment
A total of 145 qualified commercial real estate sales transpired on Cape Cod from January – September 2008. The latest figures amount to a 23.3% decline from the level achieved in the same nine month period in 2007. The 2008 drop is also about 42% below the 12-year average of 250 sales and the lowest period to period total since 1997. Quarterly figures reveal… [Continue Reading]
Will Breaker Trip on Hyannis Circuit City Store?
October 20, 2008 By Leave a Comment
HYANNIS, MA – The Wall Street Journal reported today Circuit City Stores, Inc. is considering a plan which will shutter at least 150 stores and result in the loss of thousands of jobs. Reportedly, the nation’s No. 2 electronic retailer has engaged various legal and industry experts as the firm explores alternatives to filing for bankruptcy protection. (WSJ)
The Art of the Deal: The International Inn Sold
October 20, 2008 By Leave a Comment
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 opportunity brokerage firm bearing his name, shares with us his behind the scenes perspective on this notable transaction. What can you tell… [Continue Reading]
