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]

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.

Self Storage Facilities Under New Ownership

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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

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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]

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]

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.)

New Hands at the Wheel for Former Ford Dealership

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The former Lighthouse Ford property at 343 Dillingham Road in Falmouth changed hands on November 11, 2008 for an indicated $1,150,000.

Spirited Effort Will Put Wind Beneath Tired Wings

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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]