News: Retail
Posted: June 25, 2021
Bauer of TBX handles sale of 263-269 Grand Ave. in Falmouth, MA
Falmouth, MA The Business Exchange (TBX) completed the sale of the British Beer Company (BBC) and The Seaside Inn located at 263-269 Grand Ave. Adam Bauer, principal of TBX, exclusively arranged the sale on behalf of Falmouth Property LLC, to Falmouth Heights Real Estate LLC. The sale consisted of five unique parcels with three buildings totaling 14,000 s/f.
New ownership will rebrand the 4,000 s/f restaurant as “Shipwrecked.” The 23-room Seaside Inn will also be re-branded as “The Heights Hotel’’ offering boutique waterfront rooms. Financing for the acquisition was arranged by Barbara Arena from Granite State Development and Michael Healy from South Shore Bank.
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