News: Owners Developers & Managers

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

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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Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
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