Source: Joseph P. Egan & Associates Copyright 2011 As depicted in the following charts, commercial real estate transaction volume in Barnstable County, MA increased modestly in 2010 with arms-length transactions outpacing the 2009 level. In 2009 and 2010 in particular, conveyances involving distressed commercial properties of all forms continued on an upward trend. In 2010,… [Continue Reading]
WGBH Purchases Historic Davis House, Renovation Planned
January 7, 2010 By 1 Comment
WOODS HOLE – In mid December 2009, public service broadcaster WGBH purchased the historic Davis House at 3 Water Street in Woods Hole from fellow nonprofit the Children’s School of Science. The move will enable WCAI to continue its radio operations there, and give new life to the 164-year-old building.
Self Storage Facilities Under New Ownership
September 1, 2009 By Leave a Comment
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]
Market Snapshot: Edgartown, MA
July 8, 2009 By Leave a Comment
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]
Lost Dog Pub Finds Second Home
June 16, 2009 By Leave a Comment
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]
Top 15 Cape Cod Commercial Real Estate Sales of 2008
January 13, 2009 By Leave a Comment
A slideshow of the top fifteen commercial real estate sales on Cape Cod MA in 2008, ranked by sale price. (Note: The 2008 Market Report no longer being distributed. Be sure to watch for the 2009 annual Market Report expected to be released in January 2010.)
Hey Where Ya Going? Former Thompson’s Farm Market Property Sold
October 28, 2008 By Leave a Comment
HARWICHPORT, MA – The former Thompson’s Farm Market in Harwichport, MA changed hands in mid October 2008. According to a filed deed, the purchase price was $2,250,000 and the buyer was Building Down the Road, LLC. In a recent report published in the Cape Cod Chronicle the buyer was indicated to be affiliated with South Harwich based Back… [Continue Reading]
Spirited Effort Will Put Wind Beneath Tired Wings
October 25, 2008 By Leave a Comment
DENNISPORT, MA – The former Wings property located at 438-444 Route 28 in Dennisport is scheduled to take flight and this time it looks for real. A.J. Lukes Liquors of Dennisport, with an established liquor store at the nearby Benny’s plaza has put into motion their plan to relocate to the former Wings property. As a key first step, in mid… [Continue Reading]
Cape Cod Cooperative Bank Signs Tenant at New Building
August 29, 2008 By Leave a Comment
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]
Warehouse Distribution Property Changes Hands
July 18, 2008 By Leave a Comment
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.
