Along with rich greens and bright colors, springtime on Cape Cod and the Islands also brings a change in ownership for many businesses. Here’s a sampling of the types of busineses under new ownership between January and mid May 2008: Established Food Market – Upper Cape Waterfront Restaurant – Upper Cape Five Small Motels – (3) Upper Cape & (2) Mid… [Continue Reading]
Cape Cod Commercial Real Estate: Transactions Down, Gross Sales Volume Up
May 16, 2008 By Leave a Comment
The maturing Cape Cod commercial real estate marketplace reflected staying power in the first four months of 2008 despite some ups and downs. Number of Transaction Continues Declining Trend The number of commercial real estate transactions recorded on Cape Cod, MA through April 2008 was 25.4% lower compared with January-April 2007. This recent downshift follows a 39.3% drop in… [Continue Reading]
Upper Cape Cod Mixed-Use Center Acquired
May 15, 2008 By Leave a Comment
A two story retail and office property located in Sagamore, MA was sold in March 2008 for $1.8 million. Both sides of the deal were successfully handled by Ben Edgar, principal broker and owner of Sea Watch Realty. The two story property on two acres comprises approximately 28,000SF of building area is one of several former Towne… [Continue Reading]
