Cape Cod Commercial Real Estate and Business News
Southborough, MA - William “Bill” Zammer, Jr., owner/operator of several lodging and foodservice facilities on Cape Cod (known as Cape Cod Restaurants, Inc.), was selected as the 2010 – 2011 chairman of the Massachusetts Restaurant Association (MRA). Zammer is a veteran in the Foodservice Industry, having been in the business and operated a number of establishments over the past… [Continue Reading]
Cape Cod Restaurant News – March 2010 As we approach the start of 2010 season, a number of changes involving Cape Cod restaurants have been completed or are in the works. Here’s a sample of some of the changes: Barnstable HYANNIS – Bud’s Place at 959 Bearses Way is under new ownership. Late last month the Barnstable Licensing Authority approved the… [Continue Reading]
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]
The Flying Bridge is truly one of Cape Cod’s landmark restaurants. Situated on Falmouth Inner Harbor, the restaurant was built in 1957 by Fred Wormelle. The prominent location and stylized design which included an abundance of glossy wood and sleek tourquios seating embodied all the glamour and style at the height of the post-war boom era. In addition to some… [Continue Reading]
The recently passed Emergency Economic Stabilization Act of 2008 included an extension of the accelerated depreciation allowance for qualified leasehold and restaurant improvements and for certain improvements to retail space. The National Restaurant Association hailed the passage of this “side order” provision extending the current 15-year depreciation schedule for improvements made to restaurant buildings in 2008 and 2009, and for new… [Continue Reading]
