Amodio & Co

Industrial

 

Amodio & Co Brokers $10.6M Industrial Sale of 200,600 SF

· Closing Announcements, Industrial

Amodio & Co Real Estate is pleased to announce the $10.6 million sale of the 200,600 SF manufacturing/distribution facility located at 100 Marketing Drive, Suffield, CT to Connecticut headquartered, Rug Pad USA. 

The building was built in three phases, between 2005 and 2015, with approximately 150,000 square feet of mostly air-conditioned 34’ high-bay warehouse – manufacturing and 50,000 square feet of mezzanine R&D flex/office, featuring 22 dock-height and 3 drive-in doors.  Amenities include multiple fitness rooms and refreshment bars; state of the art educational facilities and a prototype company store to study merchandising methods. The property is located in the Bradley Airport Development Zone, and within Suffield’s Planned Industrial Development zone, which features attractive tax incentives. 

The headquarters property was formerly occupied by Windsor Marketing Group (WMG) which designed, manufactured and installed “in-store” signage and marketing displays prior to its bankruptcy. The property was under foreclosure with multiple lienholders, which made for a highly complicated and lengthy purchase and sale process.

Frank Amodio, CCIM of Amodio & Co Real Estate represented the seller, Marketing Research Park, LLC in this transaction. According to Frank Amodio, CCIM, “Amodio generated extensive interest in the property with hundreds of inquiries and eight all-cash offers. Comprehensive and unique marketing produced extensive interest in the property.” 

Rug Pad USA has been procuring, manufacturing, marketing and selling felt and other padding materials for carpeting underlay from its Connecticut headquarters since 2012, primarily using the Internet and websites. 

Amodio & Co. Real Estate is a commercial real estate firm, which handles all aspects of real estate including brokerage, financing, management and development of commercial property. Its team of experienced industry experts, offers market solutions for buyers, sellers, landlords and tenants.  Amodio provides expert advice and services with effective solutions to its real estate engagements. Based in Farmington, CT, with a nationwide reach. For further information, please contact Frank Amodio, CCIM of Amodio & Co. Real Estate. frank@amodio.com 860-674-8908 x101.

Industrial Sale/Lease: 35 Woodland St., New Britain, CT

· Industrial, Lease Listings, Sale Listings

FOR SALE: $299,000

FOR LEASE: $3/SF

10,086 SF industrial building with plenty of private offices and conference room. On-site parking. Loading dock & 2 drive-in doors. Ideal location for a small manufacturer, contractor or warehouse. There are separate meters providing an opportunity to lease out extra space. The large second floor provides plenty of additional space. I-2 zoning. Well maintained with newer roof. Buss bar & air compressor lines. Also Available for lease at $3.00 NNN.

LAND FOR SALE: New Britain, CT – 6 Acres Industrial Land

· Industrial, Land, Sale Listings

FOR SALE: $225,000

31 Winchell Road, New Britain, CT 06052

Rarely available industrial zoned land in New Britain. Approximately 6+/- acres (subject to survey). Has 90′ frontage on Black Rock Ave with visibility to CT Rt 9.

Property has 90′ frontage on Black Rock Ave. Property also accessible by taking Black Rock Ave. to Esther St. to end. Or take Black Rock Ave to Wooster St to Colt St to end.

LAND FOR SALE: Suffield, CT – Land or Build-to-Suit Office Development Opportunity Across from Bradley Airport

· Industrial, Land, Sale Listings

FOR SALE: $250,000 – $500,000

South Street (RT-75), Suffield, CT

Sept 29, 2011 – Amodio & Co Real Estate is proud to announce a new exclusive listing for 8.7 acres of prime development acreage for sale or build-to-suit office suites located in Suffield, CT, 1 mile north of Bradley International Airport.

The proposed office building at South Street (RT. 75), Suffield, CT would contain approximately 15,600 sq. ft. of modern office suites, ideally designed for the medical arts or similar professional users. The proposed building is designed as a two story, situated to take advantage of the natural grade, providing second floor street level access on South Street and first floor access from the rear parking lot.

Both 2 acre lots on South Street (RT. 75) enjoy ample drive-by traffic and would make ideal locations for professional office space. The 2 acre South Street lot is offered at $250,000 or $125,000/acre. The 2 acre South St. & Austin St. corner lot is offered at $300,000 or $150,000/acre.

With direct truck access to Bradley International Airport, the 4.7 acre Austin Street lot is ideally suited for distribution or manufacture & distribution use. The natural grade of the lot lends nicely to loading docks at the rear; on the eastern side. This 4.7 acre parcel on Austin Street is offered at $500,000 or $106,000/acre.

This property is exclusively listed with Amodio & Co. All interested parties are encouraged to contact our office for more information or to schedule a private showing.

Amodio & Co. Real Estate

Amodio & Co. Real Estate provides sales, leasing, property management and investment advisory services for both residential and commercial real estate throughout Connecticut and Massachusetts.

If you would like more information, please call Frank Amodio at 860.674.8908 or email him at frank@amodio.com.

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