Sea Watch Realty arranges sale of 3,100 s/f office condo. in Falmouth

August 09, 2012 - Front Section

Ben Edgar, Sea Watch Realty, Inc.

205 Worcester Court - Falmouth, MA

Colonial Plaza, 870 Main Street - Falmouth, MA

Sea Watch Realty, Inc. sold a 3,100 s/f office condominium located at 205 Worcester Court. The condominium unit is located near Falmouth Mall (which includes a Wal-Mart, TJ Maxx, Shaw Supermarket, and various other stores). Ben Edgar of Sea Watch Realty brokered the transaction between the seller, 4M Heritage Place LLC, and the buyer, MNM Realty Trust.
The condominium office is in a multi-story retail and office building built in 1987. Retail owners in the building are the Conference Table Restaurant, Falmouth Printing, Keegan Jewelers, as well as several attorneys, accountant, real estate brokerage, and a dentist. Sea Watch represented the seller in the transaction and procured the buyer.
Also, Sea Watch leased 6,000 s/f of retail space at Colonial Plaza, 870 Main St. (Rte. 28). The tenant, Ideal Flooring is taking two units in the 17,500 s/f plaza that were formerly FedEx Office and a candy store. The plaza is now 100% occupied and other tenants include Radio Shack, Italian Deli, hair dresser, and a new restaurant coming soon. The property is located adjacent to Rockland Trust, Bank of America, Friendly's, Starbucks, and Staples.
Sea Watch Realty brokered the transaction between the owners of Colonial Plaza and the president of Ideal Flooring, Mark Woods. Ideal Flooring has been in business in Falmouth for more than 18 years. The tenant will be renovating and utilizing the space as a flooring showroom.
Sea Watch Realty is a commercial real estate brokerage company specializing in commercial and investment properties in southeastern Massachusetts. Offices are located in Falmouth, Hyannis, Plymouth and Marion.
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