Archive for October, 2008

Harris Golf Sells Boothbay Country Club

Harris Golf has agreed in principal to sell Boothbay Country Club to a group of investors. The sale price of the 300-member private club located in the heart Maine’s Mid-Coast is $4.5 million according to an announcement made in mid October 2008.

30Oct2008 | Contributing Editor | 0 comments | Continued

Vermont Electrical Supplier Acquired

CANTON, MA – Needham Electric Supply (NESCO), a full-service electrical distributor announced that the Rutland, Vermont branch of Walsh Electric Supply will join its Yankee Electric Supply family, NESCO’s Vermont and New Hampshire-based division.

30Oct2008 | Contributing Editor | 0 comments | Continued

The Art of the Deal: The International Inn on Cape Cod Sold

In October 2008, the 141-unit International Inn in Hyannis, MA sold for $5.8 million. The sale was handled by Carey Commercial. Chuck Carey, principal of the Cape Cod commercial real estate and business opportunity brokerage firm bearing his name, shares with us his behind the scenes perspective on this notable transaction.

29Oct2008 | Contributing Editor | 0 comments | Continued
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Restaurants Get Refill on Tax Break

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.

10Oct2008 | Contributing Editor | 0 comments | Continued