2010 CRE Transaction Volume – Cape Cod, MA

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]

Bed and Breakfast Sector Seen Awakening From Year Long Slumber

B&Bchart

In 2009, the bed and breakfast sector on Cape Cod was in a deep sleep with lots of tossing and turning. Based on year-to-date sales activity in 2010, however, the grogginess is fading and this sector like a sleep deprived teenager is now showing clear signs of awakening.

With Chevrolet Out, Only One Falmouth Dealership Stays In

Harbor Chevrolet Falmouth MA

FALMOUTH, MA - In January 2010, seemingly without much public notice and information after the fact, Harbor Chevrolet at 171 Worcester Court cleared its lots, posted closed signs on the showroom windows, and locked the doors. According to GM and local sources, the long-time Upper Cape dealership is no longer in the dealer network. A redirect to GM from the dealership’s web address… [Continue Reading]

Cape Cod’s Second Walgreens Under Construction in Mashpee

Wag_Logotype_red

MASHPEE – Construction workers are making much progress on the new Walgreens under construction at South Cape Village in Mashpee, MA. The new 13,625 square foot masonry retail structure is located at the corner of Route 28 and Donna’s Lane. A smaller building which will contain five to six specialty retail shops is also under construction. The two new structures, designated… [Continue Reading]

New 10 Pump Gas Mart Proposed, First in Many Years

40-444 Route 28 W Harwich MA 084

ORLEANS, MA – The Cape Cod Commision opened a pro-forma hearing on March 5, 2010 concerning a proposed Stop & Shop self-service gas mart at the existing Cranberry Cove Plaza located on Route 6A in Orleans, MA. The proposal includes the construction of a 10-pump facility in the southerly portion of the parcel currently comprising paved parking. According to… [Continue Reading]

WGBH Purchases Historic Davis House, Renovation Planned

Davis House, Woods Hole, MA

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.

Market Snapshot: Woods Hole, MA

Woods Hole MA

Nestled in the extreme southwest portion of Barnstable County, MA within the Town of Falmouth, the village of Woods Hole is argueably the most diverse, enduring and unique of all the many business districts located on Cape Cod. Just ask anyone with a connection to Woods Hole and they will proudly tell you that’s just the way it is and how they have liked… [Continue Reading]

Self Storage Facilities Under New Ownership

33 Village Common Dr Falmouth 3

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]

Lost Dog Pub Finds Second Home

coast-restaurant

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]

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]