All Posts Tagged With: "Cape Cod"

Hess Acquires Eleven Cape Cod Gasoline Convenience Stores

CAPE COD, MA – On January 30, 2009 Hess Corporation acquired 11 Christy’s of Cape Cod gasoline-convenience stores. The sale included the purchase of six properties and lease assumptions on the remainder.

23Feb2009 | Contributing Editor | 0 comments | Continued

Sales Figures Reflect Softening Cape Cod Commercial Real Estate Sector

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.

21Nov2008 | 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

Teledyne Acquires Cape Cod Underwater Vehicle Manufacturer

EAST FALMOUTH, MA – In early July 2008, Teledyne Technologies Incorporated (NYSE: TDY) through its subsidiary, Teledyne Instruments, Inc., completed the acquisition of the assets of Webb Research Corp.

7Aug2008 | Contributing Editor | 0 comments | Continued

Second Cape Cod Manufacturer Acquired in $80 Million Deal

POCASSET, MA – Hydroid, Inc. a manufacturer of Autonomous Underwater Vehicles (AUVs), announced today the company’s acquisition by Kongsberg Maritime. The sale was announced in December 2007 pending U.S. Government approvals.

7Aug2008 | Contributing Editor | 0 comments | Continued