Cape Cod Commercial Real Estate and Business News
Cape Cod Restaurant News – March 2010 As we approach the start of 2010 season, a number of changes involving Cape Cod restaurants have been completed or are in the works. Here’s a sample of some of the changes: Barnstable HYANNIS – Bud’s Place at 959 Bearses Way is under new ownership. Late last month the Barnstable Licensing Authority approved the… [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]
The recently passed Emergency Economic Stabilization Act of 2008 included an extension of the accelerated depreciation allowance for qualified leasehold and restaurant improvements and for certain improvements to retail space. The National Restaurant Association hailed the passage of this “side order” provision extending the current 15-year depreciation schedule for improvements made to restaurant buildings in 2008 and 2009, and for new… [Continue Reading]
