Closing Announcements

 

Amodio & Co Sells Plainville Office Investment – $1.25M

· 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.

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

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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

· Closing Announcements

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 Signs YUMMY Sushi to Plainville Big Y Plaza

· 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 Signs Hookah Lounge to Iconic Pratt Street, Hartford

· Closing Announcements

FOR IMMEDIATE RELEASE
July 1, 2017

CLOSING ANNOUNCEMENT: Amodio & Co Signs Hookah Lounge to Iconic Pratt Street, Hartford

Amodio & Co Real Estate signs Night Sky Hookah Lounge to 1,392 SF of prime retail space at 95 Pratt Street, Hartford, CT. The space is scheduled to undergo renovations, transforming the once vacant staffing agency space into a trendy destination, with an expected opening late summer 2017. This is an exciting addition to the iconic brick-paved Pratt Street that has most recently turned pedestrian only during lunch hours. Amodio & Co Real Estate exclusively represents the property on the corner of Pratt and Trumbull Streets with retail and office suites available in a variety of sizes. Frank Amodio represented the landlord and Eric Amodio represented the tenant in this transaction.

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 Renews 5,000 SF Lease With Pediatric Services of America

· Closing Announcements

FOR IMMEDIATE RELEASE
June 1, 2017

CLOSING ANNOUNCEMENT: Amodio & Co Renews 5,000 SF Lease With Pediatric Services of America

Amodio & Co Real Estate renews the 5,000 SF lease of office space with Pediatric Services of America (PSA) at 146 New Britain Avenue, Plainville, CT . Amodio & Co Real Estate exclusively represents the property and has successfully completed full occupancy lease-up, signing NIKTOR IT and True Benefits. Eric Amodio represented both landlord and tenant on all three lease transactions.

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 Brokers CT Ticket Defenders Lease for City of New Britain

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FOR IMMEDIATE RELEASE

May 8, 2017

CLOSING ANNOUNCEMENT: Amodio & Co Brokers CT Ticket Defenders Lease for City of New Britain

Amodio & Co. Real Estate is pleased to announce the lease of 31 Bank Street, New Britain to CT Ticket Defenders. The 418 square foot space in the municipal parking garage will open for business this spring after undergoing interior renovations. CT Ticket Defenders is the motor vehicle division of the Howard Law Firm, LLC. Donald Howard is a criminal defense and personal Injury lawyer providing diligent and aggressive representation for his clients. Whether facing criminal charges, license suspension, first offender DUI/DWI charges, or traffic violations, Attorney Howard will zealously advocate for your rights in court. For more information, please visit: www.844pulledover.com

Eric Amodio of Amodio & Co. represented both landlord and tenant in the transaction.

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 Signs Hartford Eye Wellness to GRECA Medical Arts Plaza

· Closing Announcements

FOR IMMEDIATE RELEASE
May 1, 2017

CLOSING ANNOUNCEMENT: Amodio & Co Signs Hartford Eye Wellness to GRECA Medical Arts Plaza

Amodio & Co Real Estate leases 2,236 SF of medical office space at 425 Franklin Avenue, Hartford, CT. Exclusive listing broker, Amodio & Co Real Estate represented both Landlord, The Greca Plaza, LLC and Tenant, Hartford Eye Wellness, LLC.

GRECA PLAZA at 425 Franklin Avenue, Hartford , CT is undergoing repositioning into a modern mixed medical arts facility with with easy access to all major highways.

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 $525,000 Sale of 11-Unit Investment in Hartford

· Closing Announcements

FOR IMMEDIATE RELEASE

February 15, 2017

CLOSING ANNOUNCEMENT: Amodio & Co Brokers Sale of 11-Unit Investment in Hartford

Amodio & Co. Real Estate is pleased to announce the $525,000 sale of 1880 Broad Street, Hartford, CT. The  South End property is comprised of 11-units; a mix of one, two, three, and four bedroom units. Built in 1923, the property originally contained 18-units. In the late 1990s, the property was extensively renovated and altered to its current 11-unit configuration.

At the time of sale, the property was fully leased and traded at nearly a 13% 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 Signs Medical Tech to Former CREC Discovery Academy

· Closing Announcements

FOR IMMEDIATE RELEASE
January 31, 2017
CLOSING ANNOUNCEMENT: Amodio & Co Signs Medical Tech to Former CREC Discovery Academy

Amodio & Co Real Estate leases 4,152 SF of newly upgraded medical office at 425 Franklin Avenue, Hartford, CT. Exclusive listing broker, Amodio & Co Real Estate represented both Landlord, The Greca Plaza, LLC and Tenant, CliniFlow Technologies, LLC.

New York based CliniFlow Technologies is:

an active Holding Company which focuses on disruptive medical technologies through both development and investing in early stage, commercial ready businesses.

Our investment and development strategy is focused on innovative medical technology companies and solutions that have rapid commercialization opportunities, low to no regulatory risk, and are well positioned to take advantage of the multi-billion dollar market in digital healthcare

CliniFlow Technologies and its business units are focused on improving patient safety and improving outcomes by applying advanced digital technology to insightful clinical problem solving, thereby reducing the overall cost of providing quality healthcare.

We are an experienced team of healthcare IT experts who bring unique proven management and personal experience in growing and developing businesses and companies from Fortune 100 medical technology companies to optimize and accelerate your growth.

GRECA PLAZA at 425 Franklin Avenue, Hartford , CT is undergoing repositioning into a modern mixed medical arts facility with with easy access to all major highways.

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.