Market Snapshot: Edgartown, MA

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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]

Sales Figures Reflect Softening Cape Cod Commercial Real Estate Sector

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A total of 145 qualified commercial real estate sales transpired on Cape Cod from January – September 2008. The latest figures amount to a 23.3% decline from the level achieved in the same nine month period in 2007. The 2008 drop is also about 42% below the 12-year average of 250 sales and the lowest period to period total since 1997. Quarterly figures reveal… [Continue Reading]