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 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]

Hess Acquires Eleven Cape Cod Gasoline Convenience Stores

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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]

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 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

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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]

Marine Lumber of Nantucket, MA Acquired by Investment Firm

Intercontinental Real Estate Corporation announced it has acquired Marine Lumber Company in Nantucket, MA.

Teledyne Acquires Falmouth Tech Park Manufacturer

East Falmouth MA – In early July 2008, Teledyne Technologies Incorporated (NYSE: TDY) through its subsidiary, Teledyne Instruments, Inc., completed the acquisition of the assets of Webb Research Corp. Webb Research, located in E. Falmouth, Mass., is the world’s leading manufacturer of autonomous underwater gliding vehicles, as well as autonomous profiling drifters and floats. Terms of the transaction… [Continue Reading]

Cape Cod Manufacturer Acquired in $80 Million Deal

Pocasset, MA – Hydroid, Inc. a manufacturer of Autonomous Underwater Vehicles (AUVs), announced today the company’s acquisition by Kongsberg Maritime. The sale was announced in December 2007 pending U.S. Government approvals.

With Spring in the Air, Cape Cod Businesses Change Hands

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]