July 17, 2024 – FOR IMMEDIATE RELEASE

Amodio & Co Real Estate is pleased to announce the $2.6 million sale of the 27,486 SF office building located at 560 Saw Mill Road, West Haven, CT to Connecticut headquartered, Xue Guang Wan. 

The office building was formerly an educational use and will, after extensive renovations become iSpa Haven, a high-end automated spa. The 2.36 acre property has 283’ frontage on I-95 with 107,900 ADT average daily traffic.

The building is adjacent to a busy commercial sector. Abundant parking is directly adjacent to the building with walking distance to restaurants, lodging, park recreation, retail, etc. Situated just southwest of New Haven (pop. 124,000) and numerous cultural resources like Yale’s Art Gallery, museums, libraries and theaters. Within commuting distance to Hartford (42 miles), New York City (78 miles), and Boston (141 miles) by car, bus, or train.

Frank Amodio, Sr., CCIM of Amodio & Co Real Estate represented the seller, Oyster River Realty, LLC in this transaction. According to Frank Amodio, Sr., CCIM, “Amodio used comprehensive and unique marketing to generate extensive interest in the property with scores of inquiries and eight all-cash offers.” 

Since 1919, Amodio & Co. Real Estate has assisted their clients in all aspects of commerical real estate including brokerage, financing, management and development. Its team of experienced industry experts offers creative solutions for buyers, sellers, landlords and tenants to ensure their deal transacts properly. Amodio & Co provides expert advice and services with effective solutions to its real estate engagements. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market. Based in Farmington, CT, with a nationwide reach. 

5/1/24

Amodio & Co announces the sale of 16 residential condominium units, sold as a package. 14 of the units were located at 47 Sumner Street, Hartford “Sumnerwood Condos” and 2 of the units located nearby at 16 Townley Street, Hartford “Townley Street Condos”. The deal traded for $940,000 or $58,750 per unit. At the time of sale, all but two units were rented. The new owner is a local investor planning upgrades & interior unit renovations on turnover. Eric Amodio, CCIM of Amodio & Co represented both buyer and seller in this transaction.

Since 1919, Amodio & Co has owned, developed, & brokered nearly every property type, bringing extensive experience to our clients. We offer creative solutions to ensure your deal happens and is done right. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market.

3/1/2024 – For Immediate Release

Amodio & Co is pleased to announce the signing of 4,800 sf flex space at 336 South Washington Street, Plainville. Frank Amodio, Jr represented the tenant, Stylz Masonry & Chimney, LLC of Terryville. The property features 2,400 sf front offices & showroom, with an additional 2,400 sf warehouse and outdoor storage area. Eric Amodio, CCIM represented the landlord, Martin Family Trust.

Since 1919, Amodio & Co has owned, developed, & brokered nearly every property type, bringing extensive experience to our clients. We offer creative solutions to ensure your deal happens and is done right. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market.

3/1/2024 – For Immediate Release

Amodio & Co are pleased to announce the sale of 554 Wethersfield Avenue in Hartford’s South End. The +/- 14,000 sf mixed-use building comprised of 5 residential apartments and 3 retail storefronts. At the time of sale, the property was fully leased. The property sold to a local investor with plans to add additional apartments above a section of single story retail, and to possibly build additional rental space on the rear open space. Eric Amodio, CCIM represented both buyer and seller in the $800,000 deal; 14% cap on current NOI.

Since 1919, Amodio & Co has owned, developed, & brokered nearly every property type, bringing extensive experience to our clients. We offer creative solutions to ensure your deal happens and is done right. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market.

2/23/2024 – For Immediate Release

Amodio & Co facilited the sale of another office-to-apartment conversion opportunity at 621 Farmington Avenue, Hartford, CT. The +/- 23,000 class C office property suffered from high vacancy and deferred maintenance. Given the state of office demand, the highest & best use would be achieved as a multi-unit residential use, especially given the close proximity to desirable West Hartford Center and ample on-site parking. Eric Amodio, CCIM of Amodio & Co represented both buyer & seller in the sale. The approximately 23,000 sf property closed for $700,000 to a local investor.

Amodio has completed the sales of several other office-to-residential conversion projects including the former Stanley Black & Decker offices at 480 Myrtle Street, New Britain, as well as the former headquarters of the Connecticut Bar Association at 30 Bank Street, New Britain.

Since 1919, Amodio & Co has owned, developed, & brokered nearly every property type, bringing extensive experience to our clients. We offer creative solutions to ensure your deal happens and is done right. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market.

1/29/24 – For Immediate Release

Amodio & Co complete lease-up of last remaining vacancy at 200 Mountain Road, Farmington by signing The National Republican Congressional Committee (NRCC) to the tenant roster. NRCC leased 1,374 sf on the first floor of 200 Mountain Road, at the “Five Corners” intersection of Route 6 and Fienemann Road.

Eric Amodio, CCIM of Amodio & Co represented the landlord, 200 Mountain Rd, LLC and Joe Capodiferro, New England Realty Advisors, represented the tenant.

Amodio & Co represented both sides of the sale/acquisition of 200 Mountain Road in November 2019 and has since been retained by ownership for ongoing leasing services. http://amodio.com/amodio-co-sells-farmington-office-investment-735000/

Since 1919, Amodio & Co has owned, developed, & brokered nearly every property type, bringing extensive experience to our clients. We offer creative solutions to ensure your deal happens and is done right. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market.

1/26/24

Amodio & Co is pleased to announce the signing of a long-term lease for the Connecticut Bar Association (CBA). CBA will occupy 8,364 sf on the top floor of 538 Preston Avenue, Meriden, CT. Build-out of the space is expected to begin shortly. Amodio represented the CT Bar Association and CBRE represented the landlord.

Amodio previously represented the CBA in their disposition of former headquarters building located at 30 Bank Street, New Britain. The former property did not match the organization’s needs and space requirements. The new owners of 30 Bank Street plan a conversion to 32 market rate apartment rentals.

Amodio has completed several other office-to-residential conversion projects including the sale of former Stanley Black and Decker offices at 480 Myrtle Street, New Britain. This project is in process, slated for 100+ market rate units. In addition, Amodio & Co has 621 Farmington Avenue, Hartford available for a similar office-to-apartment conversion opportunity.

Since 1919, Amodio & Co has owned, developed, & brokered nearly every property type, bringing extensive experience to our clients. We offer creative solutions to ensure your deal happens and is done right. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market.

1/17/2024

Amodio & Co are pleased to announce the $1.025M sale of two properties at the corner of Burnside Avenue and Scotland Road (745 Burnside and 763 Burnside). The properties were sold to two separate owners. 745 Burnside closed for $600,000 and 763 Burnside fetched $425,000.

The new owners of both properties plan renovations with uses to include continued office use, and potentially other uses, including multifamily conversion of the newer 745 Burnside two story classroom building.

Frank Amodio, Sr., CCIM represented the Seller, Olmsted Realty, and Eric Amodio, CCIM represented the Buyers of 745 Burnside.

12/27/2023

Amodio & Co is pleased to announce the sale of 47.3 acres of land at 1790 Tolland Turnpike in Manchester, CT. The parcels traded in total for $1,200,000. The buyer plans an upscale residential development complete with amenities. Frank Amodio, Sr, CCIM represented the Sellers and Eric Amodio, CCIM represented the Buyer.

The sale included five separate parcels strandling the Manchester/East Hartford town lines including:

• 1769 Tolland Turnpike, Manchester
• 104 Glode Lane, Manchester
• 104-A Glode Lane, Manchester
• 90 Long Hill Road, East Hartford
• 1152 Tolland Street, East Hartford

12/26/2023

Eric Amodio, CCIM of Amodio & Co, successfully represented both landlord and tenant in the lease-up of 4,060 sf at 920 West Main Street, New Britain. The landlord recently completed a full renovation of the property for KINGZ Car Wash and welcomes the opportunity for ideal co-tenancy with the addition of Tire Guys in the front retail space. The tenant will occupy 4,060 sf of retail and showroom space, including 4-automotive service bays. Tire Guys, located on Tolland Street in East Hartford sells and installs a full selection of automotive tires and wheels, in addition to other aftermarket auto components. The tenant plans build-out and occupancy starting February 2024.

Since 1919, Amodio & Co has owned, developed, & brokered nearly every property type, bringing extensive experience to our clients. We offer creative solutions to ensure your deal happens and is done right. Put the power of a CCIM globally designated professional on your team and let our award-winning firm assist in navigating today’s CRE market.