Cape Cod Commercial Real Estate and Business News
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 districts located on Cape Cod. Just ask anyone with a connection to Woods Hole and they will proudly tell you that’s just the way it is and how they have liked… [Continue Reading]
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 under the Uncle Bob’s brand, is located between East Falmouth Highway and Village Common Drive. The property has 79,495 rentable square feet in five two-story buildings. Among… [Continue Reading]
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… [Continue Reading]
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 Vineyard, MA appear to be as favorable as the refreshing summer winds from nearby Edgartown Harbor. The sale of three retail condominium units acquired in early June 2009 provides some sense of the prevailing winds. The three units are located at 4… [Continue Reading]
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, MA. Weichert Dunhill Commercial represented both the buyer Andrew and Jane Murphy and the seller Gulf Coast LLC. The former… [Continue Reading]
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 and employees. The combined companies achieved more than $700 million in sales in 2008. Each firm will continue to operate under their current names. Financial… [Continue Reading]
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 abundance of glossy wood and sleek tourquios seating embodied all the glamour and style at the height of the post-war boom era. In addition to some… [Continue Reading]
A review of recent transaction activity since September 2008 reveals an interesting insight for Cape Cod commercial property and business sellers looking for the right buyer: your buyer may just someone you already know.
If all goes according to plan, Sapphire Engineering, Inc. will be relocating operations from Bourne to Middleborough, MA. Sapphire Engineering, Inc., a subsidiary of IDEX Corporation, is a U.S. health and science manufacturer of custom precision analytical and diagnostic components for original equipment manufacturers. The firm is now located in a leased facility which it has been occupying for many… [Continue Reading]
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 five facilities. The stores are located in Dennisport, East Falmouth, Hyannis (3), Osterville, Sandwich, South Orleans, South Yarmouth (2) and West Yarmouth. The total consideration… [Continue Reading]
