Comings and Goings
The Friendly’s restaurant at 11 Main Street, West Harwich, MA was one of 63 locations shuttered as part of a Chapter 11 restructuring announced this week.
Hannoush Jewelers has relocated from the Falmouth Mall to Library Square, 352 Main Street, Falmouth, MA. The 2,750+ square foot retail space was formerly a White Hen Pantry c-store. Ben Edgar and Richard Schwartz of Sea Watch Realty represented the owner of Library Square.
Dollar Tree recently opened a store in the Falmouth Plaza, Falmouth, MA in the space formerly occupied by Booksmith.
The Hyannis office of Wells Fargo Advisors, LLC has moved to Cape Cod Center, 1513 Iyannough Road (Route 132) in Hyannis, MA. The Landlord, Cape Cod Center, LLC, was represented by Ali Maloney of AMG Realty. John Shields of The Realty Advisory represented Wells Fargo Advisors, LLC. The five-year lease was for 6,453 square feet.
The Sports Authority has leased the former Filene’s Basement space in the Capetown Plaza, 790 Iyannough Road, Hyannis, MA. According to the company’s website, the store is slated to open in November 2011.
According to a recent Falmouth Enterprise article, Leary Family Amusement Center in Falmouth, MA is on the market. http://www.capenews.net/communities/falmouth/news/1376.
In September 2011, a vacant retail property at 445 Main Street, Falmouth, MA was leased by a local bank. (As requested, the specific tenant is confidential at the moment.) The 3,000+ square foot building was at one time a branch bank with a drive-through lane and then a health foods store for many years. Evidently, the five-year lease includes (3) five-year renewal options. Sea Watch Realty was the Listing Broker.
AMG Realty recently leased two units at TJ Maxx/ Staples Plaza, 425 Iyannough Road, Hyannis, MA: a 2,020 square foot hair salon was leased to Beauty Pros for a three-year term; and Play It Again Sports leased a 3,100 square foot retail unit under a five-year lease.
Auction Insider
127 Route 6A, Sandwich, MA 02563
Auction Date: October 12th at 10:00 AM
For additional information CLICK HERE
2619 State Highway, Wellfleet, MA 02667
Auction Date: October 12th at 10:00 AM
For additional information CLICK HERE
Transactions
The William Sturgis Friends of Education Foundation, Inc. purchased a 5.97+ acre parcel of land located along West Main Street, Hyannis, MA for $875,000. The land was acquired for the proposed 42,000 square foot expansion of the Sturgis Charter Public School. The school will utilize the West Main Street campus in conjunction with the existing Main Street facility. Upon completion, the new school will allow Sturgis Charter Public School to expand to 800 students. In separate transactions, two easements were also acquired to facilitate access to the six acre parcel from Scudder Avenue. Ali Maloney of AMG Realty brokered the $1.1 million multi-parcel transaction.
According to a deed filed this week the property at 208 Old Yarmouth Road, Hyannis, MA has conveyed for an indicated $1.2 million. The Grantor was MAHO LLC and the Grantee was 208 Old Yarmouth Road Trust, Joseph Laham, trustee. The 16,000+ square foot pre-engineered metal building was built in 1984+. Over the years, the building formerly comprised the Perkins Paper Co. warehouse and the Cape Cod Healthcare printing and storage facility.
Update – Sea Watch Realty, Inc. brokered the transaction and worked with the buyer in the $1.640 million sale of Christmas Tree Plaza to CEA Yarmouth, LLC. The Seller’s Broker was Pine Shores Real Estate. Christmas Tree Plaza is a 28,571+ square foot one-story, strip retail building located at 517 – 537 Route 28, West Yarmouth, MA.
