Closing Announcements

 

Amodio & Co Sells Former Israel Putnam School

· Closing Announcements

FOR IMMEDIATE RELEASE:

Wednesday May 6, 2015

CLOSING ANNOUNCEMENT:

Amodio & Co sells former Israel Putnam School

Amodio & Co. Real Estate is pleased to announce the sale of 43 Osgood Avenue, New Britain, CT. The former 61,820 square foot Israel Putnam School on 2.62 acres will undergo construction in the coming months, transforming the property into an attractive multifamily conversion project according to the buyer, Total Comfort Realty. In recent years, the property has endured several tax auctions, before finally being acquired by Joseph Zaleski. Most recently the property was foreclosed by former lien holder, Industrial Mold and Tool, finally transferring title to Total Comfort Realty. The sale marks a win for the City of New Britain, as blighted property is rehabbed to higher value uses and added back to the tax roll. Amodio & Co. represented both the buyer and seller in this transaction.

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.

Amodio & Co. Brokers Former New Britain Taco Bell to Popeyes Chicken Franchisee

· Closing Announcements

FOR IMMEDIATE RELEASE:

May 9, 2014

CLOSING ANNOUNCEMENT:

Amodio & Co. sells former New Britain Taco Bell to Popeyes Chicken Franchisee

Amodio & Co. Real Estate is pleased to announce the sale of 523 and 527 West Main Street, New Britain, CT. The former 1,700 square foot Taco Bell/John’s Auto Sales building at 527 West Main Street will undergo extensive renovations in the coming months, transforming the property into an attractive and modern fast food location. The 2,240 square foot single family home at 523 West Main Street is scheduled for demolition. This will greatly enhance the appeal of corner location as well as bring added visibility to the Popeyes Chicken location, both on West Main Street and from overhead Rt-72. Seller, John Switajewski, (owner of John’s Auto Sales) will remain in the auto sales and service business directly behind this location at 20 Arthur Street, New Britain. The sale sets the stage for further development in this area along West Main Street, given its close proximity to the CorWest Plaza (anchored by Stop & Shop) and exit ramps off Rt-72. Amodio & Co. represented both the seller and buyer in this transaction.

Amodio & Co. Real Estate is a boutique 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.