Closing Announcements

 

Amodio & Co Brokers YOYO Ice Cream Lease for City of New Britain

· Closing Announcements

FOR IMMEDIATE RELEASE

December 20, 2016

CLOSING ANNOUNCEMENT: Amodio & Co Brokers YOYO Ice Cream Lease for City of New Britain

Amodio & Co. Real Estate is pleased to announce the lease of 159 Main Street, New Britain to YOYO Ice Cream. The Queens, NY based tenant plans to open for business in the spring of 2017, after transforming the once vacant space on the face of the new Police Station. The operation, alongside Dunkin Donuts, will be the first Thai fried ice cream shop of its kind in the area, making a great addition to the food offerings in downtown. Outdoor seating will also be available in the warmer months. Eric Amodio of Amodio & Co. represented both landlord and tenant in the transaction.

What is Thai Fried Ice Cream? Watch the example below…

Since 1919, Amodio & Co has developed, managed, and brokered nearly every property type, bringing extensive experience to our clients. We bring creative solutions to ensure your deal happens and that it is done right. As a boutique commercial firm, we care about long term relationships, providing our clients with the utmost attention to accomplish their specific real estate goals in Connecticut and Massachusetts.

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 $1.3M Sale of 29-Unit Fractured Condo Portfolio

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FOR IMMEDIATE RELEASE

October 20, 2016

CLOSING ANNOUNCEMENT: Amodio & Co Brokers $1.3M Sale of 29-Unit Fractured Condo Portfolio, 240 Main Street, New Britain, CT

Amodio & Co. Real Estate is pleased to announce the $1.3M sale of 240 Main Street, New Britain, CT. The fractured portfolio sale included 29 of 38 total condo units; 28 residential units and 1 commercial unit. At the time of sale, the property was fully leased and traded at a 9.3% cap. Eric Amodio of Amodio & Co. represented both buyer and seller in the transaction.

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

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 Relocates Hartford STUDIO 860 on Farmington Avenue

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FOR IMMEDIATE RELEASE

October 7, 2016

CLOSING ANNOUNCEMENT: Amodio & Co Relocates Hartford STUDIO 860 on Farmington Avenue

Amodio & Co. Real Estate is pleased to announce the lease completion for STUDIO 860 at 256 Farmington Avenue, Hartford. The new location is slated for opening at the end of 2016 after undergoing interior renovations. Eric Amodio of Amodio & Co. represented both the landlord and tenant in the deal. The dance studio currently operates their dance studio at a neighboring property on Farmington Avenue. The relocation will provide greater visibility and easier customer access.

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 Key Parcel to New Housing Development in New Britain

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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

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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

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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.

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

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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.

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

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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.

Amodio & Co Brokers Sale of Six Central Row in Downtown Hartford, CT

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FOR IMMEDIATE RELEASE:

Wednesday, December 30, 2015

CLOSING ANNOUNCEMENT:

Amodio & Co Real Estate brokers sale of historic property in Hartford, CT

Farmington, CT.

Amodio & Co Real Estate recently brokered the sale of a 15,114 SF office building at Six Central Row, Hartford, CT. Amodio & Co Real Estate represented the Buyer, State House Realty, Inc., CBRE represented the Seller, Blair Central Row, LLC.

This iconic “Jewel Box” building is an historic office property with classically styled, unique architectural details. Originally built in 1850 and updated to the technology, comforts and finishes of 2015 with above-standard interior office finishes.

Central Row is directly off Main St. across from the Old State House and Constitution Plaza, in the heart of the downtown business, financial & insurance district. The property provides immediate access to I-84 and I-91 with an easy walk to all major office towers, Front St. entertainment district, new UCONN campus, new baseball stadium and Bushnell Park.

The Intrigue Group has recently leased space in the building. The Intrigue Group, established in 1994, is a worldwide entertainment company with three divisions; artist management/music publishing (clients have included James Brown, Scott Stapp, Old Man Canyon, Joss Stone), television production and owner/operator of WRNT-TV Hartford, WTXX-TV, Springfield, MA, and a public relations/marketing division, kNow Media, specializing in entertainment press and marketing.

State House Realty is upgrading the building to a solid class B building to compliment the restoration of the Old State House directly across the street. This purchase and upgrades underscores its belief in the strategic location of Hartford and its great available workforce.

Amodio & Co Real Estate has been retained as exclusive leasing brokers to market the available 5,416 SF office/retail space on the ground floor and 3,234 SF office suite on the top floor.

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.

Amodio & Co Closes $2.1MM Aerospace Deal in Farmington, CT

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FOR IMMEDIATE RELEASE:

August 18, 2015

CLOSING ANNOUNCEMENT:

Amodio & Co represents aerospace manufacturer in $2.1MM purchase of 88,597 SF in Farmington, CT

Amodio & Co. Real Estate is pleased to announce the $2.1MM sale of 1790, 1798, and 1806 New Britain Avenue, Farmington, CT. The three (3) properties total 88,597 SF of manufacturing and office space, with heavy power and multiple overhead cranes. The buyer plans on eventually relocating their aerospace manufacturing operation, Polar Corporation, from New Britain to the new facility in Farmington. The move will allow for increased production and streamlined operations as they outgrow their existing facilities. Eric Amodio of Amodio & Co. represented the buyer, Polar Realty Corporation, and Timothy D’Addabbo of Cushman & Wakefield represented the seller, EDAC Technologies.

Amodio & Co. Real Estate is a commercial real estate firm, with their New Britain office located at 77 West Main Street. Amodio & Co. 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.