Author: admin-eric

 

Amodio & Co Brokers Key Parcel to New Housing Development in New Britain

· Closing Announcements

FOR IMMEDIATE RELEASE
April, 21 2016
CLOSING ANNOUNCEMENT: Amodio & Co Brokers Key Parcel to New Housing Development in New Britain

Amodio & Co. Real Estate is pleased to announce the $48,000 sale of 30 South High Street, New Britain, CT. The 0.16 acre parcel had been sitting vacant for decades as a dilapidated parking lot. The buyer, Chrysalis Center Real Estate Corporation, plans on scraping the site and constructing a new parking lot to accommodate residents at their recently purchased neighboring building at 57 Court Street, New Britain. The buyer plans on completely rehabbing the former apartment house, creating 24-one bedroom apartments, with an expected project cost in excess of $6M. Eric Amodio of Amodio & Co. represented the seller, DIMS, LLC, and Vance Taylor of Commercial Real Estate Group represented the buyer, Chrysalis Center Real Estate Corporation.

Amodio & Co. Real Estate is a boutique commercial real estate firm that handles all aspects of real estate including brokerage, financing, and development of commercial property.

For further information, please contact Eric Amodio of Amodio & Co. Real Estate via email at eric@amodio.com or telephone at 860-674-8908.

Amodio & Co Brokers Office Lease in Farmington

· Closing Announcements

FOR IMMEDIATE RELEASE
April 20, 2016
CLOSING ANNOUCEMENT: Amodio & Co Brokers Office Lease in Farmington

Farmington, CT. Amodio & Co Real Estate recently brokered the lease of a 1,374 SF professional office suite at 200 Mountain Road, Farmington, CT. Exclusive listing broker, Amodio & Co Real Estate represented the Landlord, Malmor, LLC and the Tenant, Pro Source, LLC.

Malmor, LLC provides office suites to professional tenants. Pro Source LLC is a full service general contractor.

200 Mountain Rd., Farmington is located at the intersection of CT Rt. 6 and Birdseye Rd. with close proximity to I-84 via two exits and offers a convenient office location with average daily traffic of 22,000. The property also benefits from its walking distance to Farm Springs Rd and the new headquarters of UTC, United Technologies Corporation.

Amodio & Co. Real Estate is a commercial real estate firm, which handles all aspects of real estate including brokerage, financing, and development of commercial property.

For further information, please contact Frank Amodio of Amodio & Co. Real Estate via email at frank@amodio.com or telephone at 860-674-8908.

Amodio & Co Brokers Office Lease in Plainville, CT

· Closing Announcements

FOR IMMEDIATE RELEASE
April 18, 2016
CLOSING ANNOUNCEMENT: Amodio & Co Brokers Office Lease in Plainville, CT

Plainville, CT. Amodio & Co Real Estate recently brokered a three year lease of a 1,100 s/f recently modernized professional office suite at 40 East Street, Plainville, CT. Exclusive listing broker, Amodio & Co Real Estate represented the Landlord, CRAGO, LLC and the Tenant, The Union Productions, LLC.

The Union Productions, LLC is a full service video production and post editing company currently located in Hartford, CT. The Union Productions client list includes UCONN basketball, UCONN football, Nutmeg State Federal Credit Union, Kohls, CBIA, NanaWall and others.

40 East Street, Plainville, CT is centrally located on Rt-10, with easy access to Rt-72 & I-84. The property also benefits from many area shopping and dining amenities.

Amodio & Co. Real Estate is a commercial real estate firm, which handles all aspects of real estate including brokerage, financing, and development of commercial property.

For further information, please contact Eric Amodio of Amodio & Co. Real Estate via email at eric@amodio.com or telephone at 860-674-8908.

SEEKING: Value-Add Retail Plazas in CT

· Wanted

Amodio & Co is representing a client to purchase value-add retail shopping centers and mixed use properties in the central Connecticut market.

The property must demonstrate significant upside opportunity through:

  • Capital improvements
  • Lease-up of vacant space
  • Rent increases on existing tenant renewals
  • Minimum cap rate requirement on actuals: 9%
  • Please forward all inquiries to: eric@amodio.com

Amodio & Co Completes Cricket Wireless Deal in New Britain, CT

· Closing Announcements

FOR IMMEDIATE RELEASE

March 1, 2016

CLOSING ANNOUNCEMENT: Amodio & Co Completes Lease for New Britain Cricket Wireless

Amodio & Co. Real Estate is pleased to announce the lease completion for Cricket Wireless at 79 West Main Street, New Britain. The new location is slated for opening later this month after undergoing interior branding. Eric Amodio of Amodio & Co. represented both the landlord and tenant in the deal. The franchisee currently operates nine other locations throughout the Northeast and Amodio & Co is representing their further growth into other major Connecticut markets.

Amodio & Co. Real Estate is a boutique commercial real estate firm that handles all aspects of real estate including brokerage, financing, and development of commercial property.

For further information, please contact Eric Amodio of Amodio & Co. Real Estate via email at eric@amodio.com or telephone at 860-674-8908.

LEASED: Plainville, CT – All Inclusive One Room Offices

· Closing Announcements

40 East St., Plainville, CT 06062

NEW TO MARKET! Gorgeous, brand new executive one room offices. Perfect for individuals needing professional office space for their business, at an affordable, all-inclusive price!

Great alternative to working from home or coffee shop. Elevate your business image and meet clients in a quiet, professional office environment.

No hassle pricing means you can easily budget your monthly business expenses. Pricing includes all utilities (heat, electric) as well as free WiFi.

Utilities

  • All utilities are included in the monthly rent!

Highlights

  • New one room executive offices
  • Starting at $349/mo all inclusive
  • WiFi included in the rent
  • On-site granite & stainless kitchenette for common use
  • On-site parking
  • Centrally located on highly traveled Rt-10

Located directly on RT-10 (East St/Queen Street) next to the GE Industrial Solutions corporate offices.

Amodio & Co Pursuing CCIM Designation

· News

Frank and Eric Amodio of Amodio & Co Real Estate will both be pursuing their CCIM designations, as part of the company’s vision of continuing education;

To provide superior commercial real estate services, conducting our business in an ethical manner through the use of best practices, referrals and continuing education with a dedicated commitment to client satisfaction and increased transaction volume.

The CCIM or Certified Commercial Investment Member is the gold standard in commercial real estate eduction. A brief summary of the CCIM designation from CCIM.com:

The Designation

The CCIM lapel pin denotes that the wearer has completed advanced coursework in financial and market analysis, and demonstrated extensive experience in the commercial real estate industry. CCIM designees are recognized as leading experts in commercial investment real estate.

Investment Expertise

Above all, the CCIM designation represents proven expertise in financial, market, and investment analysis, in addition to negotiation. Courses in these core competencies are taught by industry professionals, ensuring all material reflects the state of the industry. With this real-world education, CCIM designees are able to help their clients:

  • Minimize risk
  • Enhance credibility
  • Make informed decisions
  • Close more deals

Amodio & Co Sells 27-39 Main St, New Britain in 1031 Exchange

· Closing Announcements

FOR IMMEDIATE RELEASE

December 1, 2015

CLOSING ANNOUNCEMENT: Amodio & Co Sells 27-39 Main St, New Britain in 1031 Exchange

Amodio & Co. Real Estate is pleased to announce the $875,000 sale of 27-39 Main Street, New Britain, CT. The 29,948 SF three story mixed use property featured existing retail tenants, billboard income, newer windows/roof and ample on-site parking. The two upper floors are vacant and ready for development. The buyer plans on turning the two upper floors into New York style artist loft spaces as well as creating a Japanese cultural center, likely in a portion of the retail space. Eric Amodio of Amodio & Co. represented the seller, 27-39 Main Street, LLC, and Frank Amodio of Amodio & Co represented the buyer, Masuda Putnam, LLC. The sale was part of a 1031 tax deferred exchange, which included several other purchases in Connecticut that Amodio & Co represented.

Amodio & Co. Real Estate is a boutique commercial real estate firm that handles all aspects of real estate including brokerage, financing, and development of commercial property.

For further information, please contact Eric Amodio of Amodio & Co. Real Estate via email at eric@amodio.com or telephone at 860-674-8908.

LAND FOR SALE: New Britain, CT – 6 Acres Industrial Land

· Industrial, Land, Sale Listings

FOR SALE: $225,000

31 Winchell Road, New Britain, CT 06052

Rarely available industrial zoned land in New Britain. Approximately 6+/- acres (subject to survey). Has 90′ frontage on Black Rock Ave with visibility to CT Rt 9.

Property has 90′ frontage on Black Rock Ave. Property also accessible by taking Black Rock Ave. to Esther St. to end. Or take Black Rock Ave to Wooster St to Colt St to end.

LEASED: Suffield, CT – Converted Schoolhouse

· Closing Announcements

LEASED

768 South Street, Suffield, CT 06078

Live, Work, Play. Amazing opportunity to own a one-time schoolhouse converted into well-designed offices. Enjoy many of the original features, utilize the workshop space or additional rooms to run your business, or simply enjoy the spacious rooms and land as a home. Once upon a time, the beautifully restored South Street Schoolhouse in Suffield, CT was a local school but today it’ s been remodeled as an amazing office. Can also be a design center, restaurant or residence among other uses.

Open floor plan boasts loads of character…not at all a “cookie cutter”! Restored spaces highlight the beautiful architecture and feature hardwood floors, exposed brick and a sweeping balcony & loft upstairs add additional charm. Huge double-story windows keep it bright and sunny. Besides a metal plaque hanging outside the structure, there’ s little evidence that it was once a school.

Rt 75, South St., Suffield near Austin St. Great proximity to both the village of Suffield and also Bradley International Airport in Windsor Locks.