Cape Cod Commercial Real Estate and Business News
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]
HYANNIS, MA – Infor Global Solutions has leased 9,500 square feet of space at the recently completed Cape Cod Cooperative Bank Operations Center in Hyannis. Infor Global Solutions, formerly Infinium Software, is a technology company with world headquarters in Alpharetta, Georgia. The firm is the third largest provider of business software in the world with approximately $2.2… [Continue Reading]
The Mill Stores warehouse and distribution facility located at 128 Breed’s Hill Road, Hyannis, MA recently changed hands. According to public records, the 27,000SF structure on 4.13 acres conveyed in early July 2008 for $3.7 million to RAM Construction LLC of Bedford, MA. The buyer was reported to be a specialty building products distributor with locations throughout New England.
In May 2008, Rockland Trust completed a $33.0 million sale-leaseback transaction with American Realty Capital, Inc. a Jenkintown, PA based REIT. The real estate only transaction included a portfolio of 18 commerial bank branches, branch bank/offices and operation centers located throughout Southeastern MA and Cape Cod.
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]
