Sea Watch Realty has completed ten leases in the past 60 days in southeastern Massachusetts. There was no one large lease but the significant volume in our marketplace should boost confidence that our commercial real estate marketplace still has significant activity.
The spaces range in size from 700 to 4,800 s/f and prices ranged from $7 NNN for industrial space to $18 NNN for Class A office space on Cape Cod. There were a total of five office leases, four retail leases, and one industrial lease just completed. There are also another 6 leases being negotiated at this time.
Richard Schwartz leased 4,800 s/f to Chestnut Bay Cabinet Co. in East Falmouth at the Ideal Flooring Building for a retail showroom and manufacturing location.
Steve Kauffman leased a 1,000 s/f office to Dupont Chemical for a sales office on Long Pond Road in Plymouth.
Steve Stressenger leased Cape Mac Computer a 2,100 s/f space on Rte. 28 at Kenyon's Market in East Falmouth for a retail/service location for the MacIntosh Computer Retailer within one month of the space going vacant.
Other leases were to growing companies including an engineering company, printing company, bill collector, computer IT Service company, a manufacturer, financial services business and safety training business.