Amodio & Co Closes $1.8M Multifamily Portfolio Sale, 30 Units

September 18, 2018 · Closing Announcements

FOR IMMEDIATE RELEASE
September 18, 2018

CLOSING ANNOUNCEMENT: Amodio & Co Closes 30-Unit Multifamily Portfolio Sale, $1.8M

Amodio & Co represented both buyer and seller in the sale of (6) adjacent 5-unit value-add multifamily properties on Upton Street, New Britain, CT. The property traded for $1,800,000 / $60,000 per unit.

Amodio & Co. Real Estate is a boutique commercial real estate firm, handling all aspects of real estate including brokerage, development, and management of commercial property in Connecticut.

For further information, please contact Eric Amodio of Amodio & Co. Real Estate via email at eric@amodio.com or telephone 860.674.8908.

Amodio & Co Sells Southington, CT Office Investment – $950,000

August 31, 2018 · Closing Announcements

FOR IMMEDIATE RELEASE
August 31, 2018

CLOSING ANNOUNCEMENT: Amodio & Co Sells Southington, CT Office Investment for $950,000

Amodio & Co represented both buyer and seller in the sale of 72 Queen Street, Southington, CT. The 9,518 square foot multi-tenant office building was fully leased at time of sale. Tenants include: Edu4Retirement, Accuvision, and Stuart Clark, CPA. The asset is centrally located with direct highway access. The property traded for $950,000 / 8.5% cap rate.

Amodio & Co. Real Estate is a boutique commercial real estate firm, handling all aspects of real estate including brokerage, development, and management of commercial property in Connecticut.

For further information, please contact Eric Amodio of Amodio & Co. Real Estate via email at eric@amodio.com or telephone 860.674.8908.

Amodio & Co Sells Plainville Office Investment – $1.25M

August 20, 2018 · Closing Announcements

FOR IMMEDIATE RELEASE
August 20, 2018

CLOSING ANNOUNCEMENT: Amodio & Co Sells Plainville, CT Office Investment for $1.25M

Amodio & Co represented seller in their disposition of 146 New Britain Avenue, Plainville, CT. The 10,000 square foot multi-tenant office building (with an additional 2,060 SF detached shop space) was home to long term tenants including: PSA Healthcare, NIKTOR, Primerica, True Benefit and Attorney Aaron Sarra. The asset is centrally located with direct highway access. The property traded for $1,250,000 / 8% cap rate.

Amodio & Co. Real Estate is a boutique commercial real estate firm, handling all aspects of real estate including brokerage, development, and management of commercial property in Connecticut.

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

Eric Amodio, CCIM Receives Hartford Business Journal 40Under40 Award

August 6, 2018 · News

Eric Amodio, CCIM, MBA

Company: Amodio & Co Real Estate

Title: Managing Partner

College: Bentley University

Highest degree: MBA real estate

Eric Amodio is managing partner of Amodio & Co Real Estate, a boutique commercial real estate brokerage serving Connecticut and Massachusetts. Amodio entered the business after receiving his degree in finance and MBA from Bentley University. He has experience in retail, office, multifamily and industrial sales and leasing and transacted business with clients including: Stanley Black & Decker, Goodwin College, The Hospital for Special Care, CT Bar Association and many others.

He has completed the prestigious Certified Commercial Investment Member (CCIM) designation to bring further financial investment knowledge to his clients. In addition, Amodio operates a value-add portfolio of multifamily real estate.

What’s been the biggest professional accomplishment so far in your career?

Attaining my CCIM designation has been my most recent professional accomplishment. This not only required rigorous coursework, but also a robust portfolio of transacted commercial real estate deals.

Amodio & Co Sign 5 Arch Street in Multiple Property 1031 – New Britain, CT

May 15, 2018 · Closing Announcements

FOR IMMEDIATE RELEASE
May 15, 2018

CLOSING ANNOUNCEMENT: Amodio & Co Sign 5 Arch Street in Multiple Property 1031 – New Britain, CT

Amodio & Co represented both seller and buyer in acquisition of 5 Arch Street, in addition to others in their multiple property 1031 exchange transaction. The new owner plans to renovate the retail facades and 2nd floor offices; adding uniform signage and lighting to showcase this gateway property. Sale price was $425,000.

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

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 Sells Former Burritt Bank – New Britain, CT

April 9, 2018 · Closing Announcements

267 & 277 Main Street, New Britain Burritt Bank Sold Amodio & Co Real Estate

FOR IMMEDIATE RELEASE
April 9, 2018

CLOSING ANNOUNCEMENT: Amodio & Co Sells Former Burritt Bank – New Britain, CT

Amodio & Co Real Estate is pleased to announce the $420,000 sale of the former Burritt Bank at 267 & 277 Main Street in Downtown New Britain, CT. Prior to listing, the “The Burritt” sat vacant in a state of disrepair for nearly 25 years. The new owner plans to transform the space into a multi tenant space, including a restaurant & bar and entertainment venue. The buyer plans on reviving elements of the former bank where possible, including using the teller counter as an expansive bar top.

Amodio & Co was sole broker in this transaction.

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

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 Achieves CCIM Designation

October 19, 2017 · News

Frank Amodio, CCIM and Eric Amodio, CCIM, MBA of Amodio & Co Real Estate both received their CCIM designations, as part of the company’s vision:

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 www.CCIM.com:

The Designation

CCIM stands for Certified Commercial Investment Member. 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

SALE: Class A Office, New Britain, CT

September 27, 2017 · Office, Sale Listings

Asking: $3,800,000

480 Myrtle Street, New Britain, CT

Amodio & Co has been exclusively retained to sell the former Stanley Black & Decker offices and adjacent parcels on Myrtle Street in New Britain, CT. This showcase property features a modern atrium lobby, move-in ready executive offices, full cafeteria, sprinkler system throughout, 3 elevators, massive floor load ability, building & mechanical systems in excellent condition and ample parking on site. Equally suited for user or developer.

City appraisal: $3,800,000

Amodio Signs YUMMY Sushi to Plainville Big Y Plaza

August 22, 2017 · Closing Announcements

FOR IMMEDIATE RELEASE
August 22, 2017

CLOSING ANNOUNCEMENT: Amodio & Co Signs YUMMY Sushi to Plainville Big Y Plaza

Amodio & Co Real Estate signs a long term lease with YUMMY Sushi for 1,500 SF of prime retail space at 275 New Britain Avenue, Plainville, CT. The former Parma Pizza Restaurant will undergo remodeling and expected to open late fall 2017. YUMMY Sushi will fill the only vacancy in the successful Big Y Plaza, with co-tenants including Starbucks, Dress Barn, Big Buy Liquors, Sport Clips, and LA Nails.

Eric Amodio, Amodio & Co, was sole broker in this transaction, representing the tenant. Landlord is Hayes-Kaufman Partnership.

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

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 ATTENDS 2ND HARTFORD CID MEETING

August 20, 2017 · News

FOR IMMEDIATE RELEASE

August 20, 2017

Amodio & Co Attends Second Monthly Gathering of Hartford CID

Frank Amodio (CCIM candidate, Amodio & Co) and Eric Amodio (CCIM candidate, Amodio & Co) joined fellow brokers at the second monthly Hartford CID meeting at 201 North Mountain Road, Plainville, CT; Hartford Healthcare Cancer Institute.

Tom York and Rob Montesi, both of Goman & York, showcased their last available medical office suite.