Closing Announcements

 

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

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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.

Amodio & Co Completes Suffield Medical Office Lease

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FOR IMMEDIATE RELEASE

January 26, 2017

CLOSING ANNOUNCEMENT: Amodio & Co Completes Suffield Medical Office Lease

Amodio & Co. Real Estate is pleased to announce the lease of 768 South Street, Suffield to Live Every Day. The owner South Street School House, LLC have signed a long term lease with tenant, Live Every Day, LLC. Live Every Day is a “unique medical practice based in the greater Hartford / Springfield area providing orthotic and prosthetic care in a manner that improves your life.

Once upon a time, the beautifully restored South Street Schoolhouse in Suffield, CT was a local school but today it’s been remodeled as an amazing office building. Open floor plan boasts loads of character…not at all a “cookie cutter”! Restored spaces highlight the beautiful architecture and feature hardwood floors, exposed brick and a sweeping balcony & loft upstairs add additional charm. Huge double-story windows keep it bright and sunny. Besides a metal plaque hanging outside the structure, there’s little evidence that it was once a school.

Amodio & Co Real Estate represented both Landlord and Tenant.

Many thanks to Patrick McMahon, Director of Economic and Community Development for the Town of Suffield.

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 Second Sale of 6 Central Row, Hartford, CT

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FOR IMMEDIATE RELEASE

December 30, 2016

CLOSING ANNOUNCEMENT: Amodio & Co Brokers Second Sale of 6 Central Row, Hartford, CT

Amodio & Co. Real Estate is pleased to announce the $762,500 sale of 6 Central Row, Hartford, CT. Amodio & Co represented the seller, State House Realty, Inc. in their purchase of the property just over a year ago. At the time of sale, the property was 75% occupied; tenants include The Intrigue Group, Polivy & Taschner, and Valbridge Property Advisors. Frank Amodio and Eric Amodio of Amodio & Co. represented both buyer and seller 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 Brokers Sale of 227 Main St, New Britain to CMHA

· Closing Announcements

FOR IMMEDIATE RELEASE

December 28, 2016

CLOSING ANNOUNCEMENT: Amodio & Co Brokers Sale of 227 Main St, New Britain to CMHA

Amodio & Co. Real Estate is pleased to announce the $549,000 sale of 227 Main Street, New Britain, CT. Built in 1980, the property was constructed for the D&L department store, more recently occupied by Mitch’s Place, a surplus liquidation store. The full price transaction marks Amodio & Co’s fourth consecutive sale in downtown New Britain within the past year. Eric Amodio of Amodio & Co. represented both buyer, Community Mental Health Affiliates (CMHA) and seller, 227 Main Street, LLC, 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 Brokers YOYO Ice Cream Lease for City of New Britain

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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

· Closing Announcements

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

· Closing Announcements

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

· Closing Announcements

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

· Closing Announcements

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.