SALES

 

$41M for W-bury Shopping Center

WATERBURY — Cole Real Estate Investments Inc. has purchased the Naugatuck Valley Shopping Center, 950 Wolcott Street for $41 million. Jim Koury and Coleman Benedict of Boston-based HFF marketed the shopping center for the seller, DDRTC Naugatuck Valley SC, LLC, and identified the buyer. Stop & Shop and Wal-Mart anchor the 382,864-square-foot retail facility, situated on 50.51 acres. 

 

Advance Auto Parts Building Sold

NEW HAVEN — Hasu Patel has acquired the former Advance Auto Parts building at 222-234 Whalley Avenue for $650,000. The seller was 226 Whalley Avenue Associates, LLC of Woodbridge. The Proto Group was sole broker in the transaction.

 

Investor Buy Orange Property

ORANGE — RTJ Properties LLC has purchased a 9,120-square-foot building at 307 Racebrook Road for  $625,000. Eileen Russell of Pearce Commercial Real Estate represented the buyer. Carl Russell of Pearce Commercial Real Estate represented the seller, RCF, LLC.

ASD Fitness Center has leased around 5,000 square feet in the building, joining tenants Merle’s Record Rack and Ferguson’s Center Ice Sports.

 

Brass City Bldg. Sold

WATERBURY —  Icarus II, LLC has purchased a 28,314-square-foot building at 969 West Main Street for $855,000. Michael Guidicelli of Regions Commercial, LLC represented the buyer. Gerry Matthews of Matthews Commercial Properties represented the seller, Russell Associates.

 

 

LEASES

 

Psyched Up in Branford

BRANFORD — Psychiatrist J. Craig Allen and psychologist Mark Bono have leased 700 square feet at 765 East Main Street. Kevin Geenty of the Geenty Group, Realtors was sole broker in the transaction. The landlord is Captiva, LLC. 

 

Getting a Foot in the Door

BRANFORD — Connecticut Foot & Ankle Associates has leased 2,000 square feet in Lakeview Center, 249 West Main Street. Richard Gold and Phil Marshall of OR& L Commercial represented the landlord, Lakeview Center Associates, LLC. The tenant did not use the services of a broker.

 

Law Firm Leases in Branford

BRANFORD — The law firm of Licari, Walsh & Sklaver, LLC has leased approximately 2,400 square feet at 322 East Main Street, a 50,000-square-foot Class A office building. Ted Schaffer and Joel Nesson represented the tenant.  Steven Inglese of the New Haven Group represented the landlord, 322 East Main Street, LLC.

 

Auto Dealer Inks 5-Year Lease

MERIDEN — Go Auto Centers of Meriden has leased a 4,350-square-foot building on 2.2 acres at 171 South Broad Street.  The Proto Group, LLC was sole broker in the transaction for the former automobile dealership. The five-year lease is valued at $376,000. The landlord is 171 South Broad Street Meriden, LLC.

 

No More Sitting on Fence

MILFORD — Fence Me In, LLC has leased 1,500 square feet at 33 Eastern Steel Road. Bill Clark of the Geenty Group, Realtors was the sole broker. The landlord is Connors Properties, LLC.

 

CrossFit Milford Expands

MILFORD — CrossFit Milford has signed a lease renewal and expansion totaling 10,900 square feet at 49 Research Drive, bringing the 23,000-square-foot building to 100-percent occupancy, according to Jon Angel of Angel Commercial, who was the sole broker in the transaction. The landlord  is D’Amato Investments.

 

Child Center Pens New Lease

NORTHFORD — Twin Lake Children's Center of Northford has leased 3,500 square feet at 5 Ardsley Avenue. Lisa Whitney of Calcagni Commercial represented both the tenant and the landlord, Ardsley Ave., LLC.

 

Something’s Cooking in No. Haven

NORTH HAVEN — Small Kitchen-Big Taste has leased 862 square feet at 420 Sackett Point Road. Dave Melillo of Pearce Commercial was the sole broker. The property is part of an estate.

 

Skeletons in This Closet?

ORANGE — Jennifer Al Ghuraibawi, a spine and neuro-musculoskeletal disorders physician, has leased 1,100 square feet at 472 Boston Post Road. Carl Russell and Richard Lombardo of Pearce Commercial represented both the doctor and the landlord, Kelli Lepensky.

 

Let’s Go (Long) Beach

STRATFORD — Medical Imaging Systems is relocating its headquarters from Shelton to 4,000 square feet at 300 Long Beach Boulevard. Jon Angel of Angel Commercial  represented the radiology imaging equipment distributor and the landlord, Development Limited Partnership #300.

 

Interacter to Wallingford

WALLINGFORD — Interacter Inc. has leased 10,009 square feet at 10 Beaumont Road. Phil Marshall of OR&L Commercial represented the landlord, Beaumont Road Association.  The tenant did not use the services of a broker. 

 

Pizza Chain Invades CT

WOODBRIDGE — Grimaldi’s Coal Brick-Oven Pizzeria has signed its first lease in Connecticut at D’Andrea’s Plaza, 1646 Litchfield Turnpike. The landlord is Litchfield Realty Trust. Steve Miller of Levey Miller Maretz was the sole broker in negotiating the ten-year lease plus options,  and is representing Grimaldi’s, which plans to sign leases for six to 12 locations in Connecticut in the next 12 months. Now in more than half a dozen states, the pizza chain originated in a Brooklyn pizzeria in 1905.