Closing Announcements

 

Amodio Expands Florida High-End Car Audio Tenant to New Britain

· Closing Announcements

7/21/2023

Eric Amodio, CCIM of Amodio & Co, successfully represented both landlord and tenant in the lease-up of 2,500 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 Highway Hifi in the front retail space. The tenant will occupy 2,500 sf of retail and showroom space, including 4-automotive service bays. Highway Hifi, located on Merritt Island, Florida sells and installs high-end car audio equipment, in addition many other aftermarket auto components. The tenant plans occupancy in September 2023.

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.

Amodio Sells CT Bar Association HQ, Conversion to 32 Apartments – $900,000

· Closing Announcements

6/21/23 – FOR IMMEDIATE RELEASE

Frank Amodio, Sr, CCIM and Eric Amodio, CCIM of New Britain based Amodio & Co Real Estate successfully represented both parties in the sale of 30 Bank Street, New Britain, CT.

The 26,324 sf 3-story office building was built in 1968 and most recently served as the headquarters of the Connecticut Bar Association. The New York based buyers paid $900,000 ($34/sf) and will begin the transformation into 32 market rate residential apartments, complete with amenities; named “The Dream”.

Amodio & Co is assisting the Seller in their relocation to a new leased space.

Renderings courtesy of the buyers:

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.

Amodio Inks 2,800 sf Long-Term Lease at 77 Whiting St, Plainville

· Closing Announcements

Frank Amodio, Jr and Eric Amodio are pleased to announce the long-term lease of 77 Whiting Street, Plainville to Vibe Worldwide, LLC.

The 2,800 sf corner retail space at the intersection of Whiting and Broad Streets will undergo tenant fit-out for several uses for the holistic wellness brand including group dance & exercise, holistic healing, mentoring & coaching.

The space is anticipated for a June 1, 2023 opening, pending construction.

Amodio & Co represented both landlord and tenant in this transaction.

Amodio Completes Lease-up of Plainville Office Building

· Closing Announcements

Frank Amodio, Jr and Eric Amodio, CCIM of Amodio & Co are happy to announce the multi-year office lease at 146 New Britain Avenue, Plainville, CT to Touch of Life, LLC. The tenant will offer CPR and other healthcare related training courses. This lease completes the lease-up of this 10,000 sf office building.

Amodio & Co facilitated the sale of the property in 2018 and has been retained by the new ownership for leasing services.

Contact Amodio & Co Real Estate today to learn about all of our real estate services:

  • Sales & Leasing Brokerage Services
  • Advisory & Consulting
  • Dispositions & Aquisitions
  • Investment Property Analysis
  • Development & Financing Assistance

Amodio Represents $1.25M Purchase of 71-acre Resort Property in Lebanon, CT

· Closing Announcements

10/7/2022

Frank Shank, of Amodio & Co Real Estate, represented the buyer in the purchase of 1667 Exeter Road, Lebanon, CT- former “Spa at Grand Lake”. The property consisted of a 76-room hotel & spa main building overlooking Lake Williams with olympic-sized outdoor pool, indoor pool, tennnis courts, fitness facility, as well as an owner’s single family home- set on 71 private acres. The new owners plan to completely renovate the property and reopen for guests. The sale closed for $1,250,000.

Amodio Sells 10,436 SF Retail/Office Plaza in Old Saybrook

· Closing Announcements

10/6/2022

Frank Shank, of Amodio & Co Real Estate, exclusively represented both buyer and seller in the off-market sale of a multi-tenant mixed-use strip plaza at 880 Boston Post Road, Old Saybrook, CT. The property is comprised of a 10,436 SF two-story (retail/office) building on 0.51 acres. At the time of sale, the second floor office was vacant with an additional retail vacancy on the first floor. The buyer plans significant capital improvements. The deal closed for $625,000. Contact Amodio & Co for additional off-market opportunities.

Amodio & Co Represents Lions Den Coffee with Simsbury Expansion

· Closing Announcements

9/10/2022

As exclusive tenant rep for Lions Den Coffee, Chris Edge of Amodio & Co Real Estate, is pleased to announce the recent expansion into Drake Hill Mall at 712 Hopmeadow, Simsbury, CT. Lions Den Coffee will lease 2,400 sf in space formerly occupied by Ana’s Kitchen. The storefront will be transformed with glass-panel accordian-style doors to create an open feel, with many changes planned for the interior. The retail plaza is anchored by Fitzgerald’s Foods Grocery and CVS Pharmacy, along with co-tenants Jersey Mike’s, TD Bank and Webster Bank.

Amodio Inks Lease with Superpedestrian Electric Scooters in West Hartford

· Closing Announcements

8/25/2022

Amodio & Co represented both landlord and tenant in a multi-year lease of the entire 4,523 SF industrial building at 14 Grassmere Avenue, West Hartford, CT. The tenant, Superpedestrian, is a global operator of electric scooters for rental. The company plans to utilize the space for maintenance, repairs and charging of the scooters. Frank Amodio, Jr and Eric Amodio, CCIM were the brokers in the deal.

Amodio Represents Goodwin University in $1.3M Sale of 1137 Main St, East Hartford

· Closing Announcements

7/28/2022

FOR IMMEDIATE RELEASE

Frank Amodio, Sr, CCIM and Eric Amodio, CCIM of Amodio & Co represented Goodwin University in the 34,380 sf sale of 1137 Main, 1125 Main and 16 Orchard Streets in East Hartford. The property was mostly leased at time of sale, with parking for 122 cars. The building was originally built as a bank headquarters, then purchased by Goodwin Universtiy for office and classroom use. The buyer, Bailey’s Real Estate, from Orlando, Florida purchased the property for $1,300,000.