For Many the Right Buyer is Close at Hand

The Buyer for Yoiur Business

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.

Top 15 Cape Cod Commercial Real Estate Sales of 2008

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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.)

Cape Cod Commercial Real Estate Prices and Assessments Inconsistent

Whether you are a buyer, seller, broker, banker, or appraiser no doubt the recent decline in commercial real estate sales on Cape Cod has made pricing or valuing a property much more difficult. As we entrench deeper in the current market cycle, many practitioners needing a continuous finger on the pulse of prices and values will creatively apply alternative methodologies.

Using Rules of Thumb to Value or Price a Business – Salt to Taste

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Despite some limited exceptions, the fact is while easy to apply and understand, valuing or making a purchase offer on any business by placing high reliance on a Rule of Thumb is not a good idea for several valid reasons.

Success Tip: Aim for the Center and Price it Right From the Start

Experts agree the single most important thing you can do before listing your commercial property for sale on the open market is this: price it right.

Warehouse Distribution Property Changes Hands

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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.

A Price to Pay for Too Much Focus on Price?

In navigating the cross currents of the Cape Cod commercial real estate marketplace it seems many commercial real estate participants are missing the big picture by focusing too much on price levels.

Upper Cape Cod Mixed-Use Center Acquired

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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]