|
Press Room
The Conlon Family to relocate it's Auto Repair Business
October 24, 2007
Kristin Geenty, S.I.O.R. of The Geenty Group, Realtors, Branford represented the Seller Kitamura Machinery USA Inc., in the Sale of 112 Nod Road, Clinton CT, units #1 & #2, totaling 2,000 SF of light industrial condominium space. Al Jacobs of Sunset Development Realty, Guilford represented the Buyers in the purchase of the units, which sold for $200,000. The Buyers known as the Conlon Family will operate an auto repair business on the property.
STRATTON ATTENDS VIP LUNCHEON AT THE UNITED NATIONS
October 18, 2007
Arlington, VA: Barry Stratton of The Geenty Group, Realtors just returned from FIABCI-USA?s Annual VIP Luncheon at the United Nations in New York. The luncheon celebrated the International Real Estate Federation?s, or FIABCI?s, Special Consultative Status to the Economic and Social Council of the United Nations. Over 130 leading international real estate professionals from around the world and representatives from the UN were in attendance. Stratton partook in an unparalleled opportunity to network and do business on a truly global level.
?The presentation on green real estate was very informative?, said Stratton. ?Although green real estate is a niche market in the U.S., it is rapidly growing abroad and being demanded by more and more Americans. I am excited to see how this would be a new area of growth for my company?, expanded Stratton. He is a Commercial/Residential Real Estate Specialist at The Geenty Group, Realtors specializing in the leasing and or selling of Commercial and Residential Properties. Stratton?s most recent transactions have included a ten year lease to the national chain of Sherwin-Williams Automotive Finishes in West Haven, CT, and the sale of a $1,000,000 office building on 35 Elm Street, New Haven, CT.
Through its individual, company, and professional and association members in 65 countries, FIABCI members have access to more than 2 million potential contacts. FIABCI-USA (the US Chapter) is the only international real estate organization representing the entire spectrum of the real estate industry in the US. FIABCI?s mission is to open the international community to its members on a local, national, and international level, so that they may develop a broad base of real estate contacts that will translate into increased business opportunities and ultimately financial success.
For more information on FIABCI, visit www.fiabci-usa.com or contact FIABCI-USA, 2000 N. 15th Street, Suite 101, Arlington, VA 22201; 703-991-6256; fax 703-991-6256; info@fiabci-usa.com
###
Sherwin- Williams to open doors soon in West Haven...
August 30, 2007
Sherwin- Williams Automotive Finishes Corporation, represented by Barry Stratton of The Geenty Group, Realtors has signed a ten year lease for 3,870 SF of retail space. The retail store is opening at 925 Boston Post Rd. a.k.a. Orange Avenue, West Haven, CT. The Owner, Del, LLC was represented by Frank Micali, CCIM, formerly of CA White Inc., now with College Street, LLC. Renovations are currently in progress to prepare the site for an opening this Fall. Sherwin-Williams Automotive Finishes sells automotive paints and supplies across the country operating more than 190 sales outlets marketing its products to the general public as well as to dealerships and associated businesses.
Dream Dinner's a National Franchise Leases Space at The Newly Constructed Retail Complex at: 71 West Main, Branford...
August 15, 2007
Dream Dinner?s a National Franchise has secured a five-year lease of 1,714 SF M/L of space at 71 West Main Street, Branford, CT. Laura Pantani and Rene Pantani of Yaya and Nay?s Inc. have purchased the franchise and will be opening soon. Dream Dinners offers fast, easy to assemble, take out dinner?s for the whole family. Steve Cortese of The Geenty Group, Realtors represented the Tenant while Bill Clark, Senior Vice-President also of The Geenty Group Realtors represented the Landlord, 71 West Main St., LLC. Six of the seven units have been leased in this newly constructed retail complex, which is exclusively represented by Bill Clark.
Salon Fusion Opens It's Doors at The Newly Constructed Retail Complex at: 71 West Main, Branford...
August 15, 2007
Salon Fusion has secured a three-year lease of 900 SF of space at 71 West Main Street, Branford, CT. The salon is owned by, Christine DeCaprio and Terri DePalma both veteran stylists. Arthur J. Randolph, Vice-President, The Geenty Group, Realtors represented the Tenant while Bill Clark, Senior Vice-President also of The Geenty Group Realtors represented the Landlord, 71 West Main St., LLC. Six of the seven units have been leased in this newly constructed retail complex, which is exclusively represented by Bill Clark.
Connex Credit Union has entered into a long term lease...
July 26, 2007
Kristin T. Geenty, SIOR, President of the Geenty Group, Realtors of Branford has announced that Connex Credit Union, Inc. has entered into a new long term lease for the building and land at 849 Boston Post Rd, Guilford, CT, known as the Rose cottage. The Rose cottage consists of a 3,000 SF former bank branch building. Robert Myers facility manager for Connex negotiated the lease terms on behalf of the Tenant while Attorney Beatty of Guilford represented William Pinchbeck, Incorporated, the Landlord?s interests. The sole Real Estate agent in the transaction was Kevin C. Geenty, SIOR, of the Geenty Group. The Landlord operates the Pinchbeck rose farm on land adjacent to 849 Boston Post Rd. and is nationally renowned as a grower of premium roses. Thomas Pinchbeck is the third generation President of this family firm, which operates the largest, rose greenhouses in the nation.
Ditty's Pitt Stop opens it's doors in Westbrook...
July 26, 2007
Kristin T. Geenty, SIOR , President of the Geenty Group Realtors is pleased to announce that the Geenty Group, Realtors and Dow Realty Company cooperated in the lease of 5,200 SF of retail and service space at: 1285 Boston Post Rd., Westbrook. The space has been leased to Ditty?s Pit Stop. Jason Dittert the proprietor specializes in the sale of low horse powered recreational vehicles such as ATV?s and two-wheelers for the pre-teen market Jeff Dow of Dow Realty represented Ditty?s Pit Stop while Kevin C. Geenty, SIOR of the Geenty Group represented the Landlord. One more 900 SF retail unit is available for lease at this location.
Tantor Media a National Publisher of books on tape has entered into a long term lease at 2 Business Park Road, Old Saybrook...
July 12, 2007
Kristin T Geenty, SIOR, President of the Geenty Group, Realtors is pleased to announce The Geenty Group Realtors has leased almost 8,000 SF at: 2 Business Park Road in the Old Saybrook Business Park. The new Tenant, Tantor Media Inc., has entered into a long-term lease for space that was previously occupied, for the past seventeen years, by C & M Technology Inc. C & M was recently sold and has relocated to New London. Tantor Media is a national publisher of books on tape and plans on moving it?s corporate offices and distribution to the new facility. Both Tantor Media and the Landlord, Mill Meadow Development, LLC were represented by Kevin C. Geenty, SIOR of the Geenty Group, Realtors.
At the same time that Tantor executed this new lease, they extended their lease for 11,000 SF of space at: 139 Mill Rock Road East, also in the Old Saybrook Business Park.
The Old Saybrook Business Park consists of 7 multi-tenanted flex buildings with an 8th building in the final stages of design. The current buildings total 218,000 SF and are occupied by 23 varied businesses.
Therapeutic Centre Relocates...
June 27, 2007
Steve Cortese of The Geenty Group, Realtors of Branford, Connecticut has arranged for the lease of 1,070 s.f. Professional condominium at: 168 Boston Post Rd Madison, Connecticut to be occupied by the Therapeutic Centre. Steve Cortese represented Meri L. Greenwald the owner of the therapeutic center. While Kevin C. Geenty represented the Investor/Landlord, McGrady 141 Real Estate Investments, LLC. The Therapeutic Centre will occupy the space on a long-term basis, while it continues to address the health and rehabilitation requirements of all shoreline residents.
Historic Merchants Building Sold in a Tax-Deferred Exchange
June 14, 2007
NEW HAVEN?June 14, 2007. The Geenty Group, Realtors announces the sale of Mercantile Manor, the 7,800 SF, 200-year-old stone structure at 35 Elm Street, New Haven. The seller, the Richard B. Buckley Family L.P., sold the building in a capital-gains-tax-deferred transaction, in accordance to IRS Code Section 1031, to Mercantile Manor, LLC for $1,015,000.00.
Part of New Haven?s original nine squares laid out by surveyor John Brockett, the site?s first resident was the-then colonial Governor, Theophilus Eaton. The site was once owned by Eli Whitey, and in 1807 John Cook built what stands today. Cook sold to Captain James Goodrich, together with one acre of land, for $5,714.00 in 1812.1 The sturdy building, constructed adjacent to East Creek, has been home and offices for most of its owners since. With its strategic location, owners? sailing vessels docked at the foot of Elm Street and off-loaded their wares, later transferring to barges and shipped further on the Farmington-Northampton Canal when it opened a block away in the 1820s.
Art Randolph, Vice President of The Geenty Group, represented the seller, the Richard B. Buckley Family L.P.; Barry Stratton also of Geenty represented the buyer, Mercantile Manor, LLC. The seller?s legal counsel was Norbert W. Church, Jr. Esq., of Church & Church, a firm with tax and estate planning specialty; Attorney David R. Sirois represented the buyer.
# # #
1Christina Hopkinson Baker. A Porriger of Cockiney: The Story of the Land and House Now Owned by The Visiting Nurse Association at 35 Elm Street, New Haven, New Haven, CT, The Visiting Nurse Association, 1930.
A Communication Company Expands...
June 13, 2007
Barry Stratton has secured a lease for a 2,400 s.f. free standing Industrial building located at: 19 Higgins Drive, Milford. Bill Clark, Senior Vice-President at The Geenty Group, Realtors, represented the landlords, D?Amato Investments, LLC, while Barry Stratton also of The Geenty Group, Realtors, represented the tenant, Boyle Communications. Boyle Communications recently expanded and plans on using the space for service and distribution.
Paramount Pictures Leases Space
June 7, 2007
NEW HAVEN?June 6, 2007. The Geenty Group, Realtors announces the lease of nearly 20,000 SF of light industrial/warehouse and office space at 118 Gando Drive, New Haven, for use in an upcoming Paramount Pictures production. The building is also the new home of The Star Supply Company and the world headquarters of Proliance International, Inc. (AMEX: PLI). The 160,000 SF facility is owned by Olive & Water Street Associates, LLC, a closely held affiliate of The Star Supply Company. Art Randolph, Vice President of The Geenty Group, was the sole broker in the transaction.
Comet Realty of East Haven Ct, has purchased the two family house zoned commercially at 290 Forbes Avenue (Route 1) New Haven. The listing Agent was Arthur J. Randolph of the Geenty Group Realtors of Branford while the purchasers Agent was Mark Esposito of Esposito Realty, East Haven. The seller was David Kelley of Guilford, who has been a loyal client of the Geenty Group for 35 years. Comet plans extensive renovations to this older structure, which it has purchased as an investment. The sales price was in excess of $185,000.
Right of first refusal pays off...
May 16, 2007
Kristin T. Geenty, President of the Geenty Group Realtors of Connecticut, is pleased to announce that she in conjunction with The Proto Group of North Haven, have brokered a sale of two contiguous commercial condominium units at 11 Business Park Drive, Branford. The seller was the Lorraine B. Hardy family limited partnership 1999. The units together total 3,350sf of suberb commercial space much of which is attractive offices. The purchaser, Shamrock Realty IV, was able to aquire the property by means of excersizing it's right of refusal which is fairly standard condition in most condominium documents. The purchase price was $325,000.
Ultrasonic Metal Welding Team Leases in Milford...
May 2, 2007
Robert Foster of Milford, CT and James A. Markus of Seymour, CT have leased a 1600sf Industrial unit in a multi-tenant facility at: 233 Research Drive, Milford, CT. Bill Clark, Senior Vice-President of the Geenty Group, Realtors represented both the Landlord; D?Amato Investments, LLC of Milford, CT, and the tenants interests. The facility will be used for general office use and light manufacturing of ultrasonic metal-weld tooling.
Massachusettes Team Invests in Milford....
April 25, 2007
Bastarache Properties, LLC, an out of state a Real Estate Investment firm, recently purchased a downtown 6,860 SF Medical Office Building at 2080 Bridgeport Ave., Milford, CT. for $750,000. The building is home to 4 suites of medical offices with space available for 2 new medical groups. The subject building is located near the west end of the Milford Town Green, and directly across the street from Milford Hospital. Bill Clark, Senior Vice-President of the Geenty Group, Realtors represented the seller, 2080 Bridgeport Ave. LLC while Scott Zakos of Vidal Wettenstein Real Estate Company represented the buyer, Bastarache Properties, LLC.
Cornell Dolana and Partner Steve Giardina have secured a two-year lease for a 2048 s.f. Industrial unit in a multi-tenant facility at: 11 Sycamore Way, Branford, CT. Bill Clark, Senior Vice President at The Geenty Group, Realtors, represented the landlord; Gray Eagle Corp. while Vincent Giardina of Connecticut Realty represented the tenant's interests. The facility will be used for general office use and light manufacturing for the high tech industry
Marine Products Distributor Expands
April 3, 2007
Ocean Accessories, LLC, a manufacurer and distributor of items for the boating industry, recently executed a lease for 5100 SF at: 20 Mc Demott Rd Branford, CT, a multi-tenant facility. Robert Dow of Dow Realty represented the Landlord. The tenant, Ocean Accessories LLC was represent by Bill Clark of The Geenty Group. Ocean Accessories will utilize their new facility for light manufacturing as well as for storage and distribution of new products.
The Geenty Group, Realtors welcomes a new agent: Mr. Steve Cortese
April 1, 2007
Professional Biography - Summary
Originally from Ft. Lauderdale, Florida, Steve began his sales career brokering large quantities of over-the-counter pharmaceuticals. He moved to Connecticut in 2006 and went to work at Nutmeg Securities, an investment bank/stock brokerage in Westport, Connecticut. While there, he completed the requirements for the National Association of Securities Dealers Series 7 and Series 63 licensing necessary to perform the buying and selling of stocks, bonds & mutual funds for clients.
Most recently, Steve was the Office Administrator at the Law Offices of Paul E. Farren, Jr. where he helped to facilitate the partnership realignment. Steve worked closely with the real estate department assisting with commercial and residential transactions. He now comes to The Geenty Group, Realtors as a commercial real estate agent prepared to share his knowledge.
Kristin Geenty, President of The Geenty Group, Realtors of Branford CT, is pleased to announce that three (3) agents at The Geenty Group, Realtors have brokered the sale of two (2) office condominium units at 9 Business Park Drive in Branford Connecticut. The sellers, Charles Lewis, Sr. and Charles Lewis, Jr. had listed the property with Kevin C. Geenty, SIOR and Kristin Geenty as co-listers. The purchaser, Scott Sweitzer of S&S Promotions was represented by Art Randolph, VP of The Geenty Group, Realtors. Charles Lewis Sr. formerly occupied this location with a state of the art video studio, Media Productions Inc. Scott Sweitzer plans to use this facility as office space for his growing Marketing and Promotions Firm. The two condominium units combined space totals 1,700 SF and sold for just under $200K.
Sales office and Showroom for The Cantering Caterers, LLC is a full service catering/special events cooperated planner in Connecticut and New York. Art Randolph, Vice President of The Geenty Group, Realtors worked with Tom Torelli (The Landlord?s Agent) of Allied Property Group, of Greenwich to provide The Cantering Caterers, LLC this 3 story mixed-use building in the heart of one of America?s premier retail shopping districts.
New 4,000 SF Commercial Building in Derby to come
January 22, 2007
Brian Calvert recently purchased 160 Elizabeth Street in Derby for $225,000. Mr. Calvert is planning to replace the 1,500 SF building with a new 4,000 SF commercial building. Bill Clark, Senior Vice-President of The Geenty Group, Realtors represented both the buyer, Brian Calvert and the Seller, Robert Cerritelli, with legal representation by Attny Greg Cerritelli Esq and Bob Lynch Esq. The buyer, Brian Calvert was represented by Attny Tony Welch Esq. The property consists of a quarter acre corner lot well centered in Downtown Derby, which was formerly operated by Mr. Cerritelli as an automotive repair facility. The Geenty Group represents commercial buyers, sellers, landlords and tenants throughout Connecticut.
Fairfield County Handyman Services, LLC
January 9, 2007
Fairfield County Handyman Services, LLC, helping those who don?t have time, in need of services such as carpentry, plumbing, electrical, etc. throughout the Fairfield and New Haven counties, has leased an 800 s.f. Industrial condo in a multi-tenant facility at 120 Research Drive in Milford, CT. The Geenty Group, Realtors worked as a team (Listing Agent, Bill Clark and Leasing Agent Art Randolph) and were able to place this Handyman?s business where it would be centrally located and accessible to many.
Express Kitchens Opening in Hamden, CT
January 3, 2007
The property at 2415 Dixwell Avenue, Hamden, formerly home to The Hamden Garden Center, a Hamden institution for 50 years, sold to 2415 Dixwell Avenue Associates. The 4,000 s.f. building and land sold for $425,000. This will be home to the fourth retail outlet for Express Kitchens, Designers and Builders of Kitchens and Cabinetry, headquartered in Hartford. Kristin Geenty, President of The Geenty Group, Realtors represented the Seller, Head Above Water, LLC and John Cohn, Metro Realty Farmington represented the Buyer.
For Sale: 137 Acres, Tpke. Vu
Bayer has 18 months to find a buyer for its West Haven campus
Business New Haven, 12/11/2006
by Melissa Nicefaro
December 11, 2006
One of south-central Connecticut's largest and most significant parcels of commercial real estate is soon to go on the selling block.
When Bayer HealthCare vacates its 137-acre property on the West Haven/Orange line over the next 12 to 18 months, it will add to the region's commercial inventory some 1.5 million square feet of space in 17 steel frame and stone buildings.
Bayer, headquartered in Leverkusen, Germany, announced early last month that it was closing up shop in Connecticut as part of an international restructuring.
According to Bayer spokesperson Staci Gouveia, her company's total investment in the property is $1.2 billion. She says it's too early, however, to say how much the property might fetch on the open market.
"It is too early in the process for anyone to have a formal interest, but Bayer has been having ongoing dialogue with state and local officials, including the [state's] Department of Economic & Community Development [DECD]," Gouveia adds.
The state had offered Bayer a $60 million assistance package that not only would have retained existing jobs but also would have created 800 new jobs in West Haven. That offer was not accepted.
When the news came that Bayer was in fact leaving the state, Gov. M. Jodi Rell assembled a team of state and local economic-development experts to determine the best reuse for the Bayer site.
The task force Rell charged with finding a new owner/user for the property comprises: DECD Commissioner James Abromaitis; Paul Pescatello, president and CEO of Connecticut United for Research Excellence (CURE); Frank Dinucci, president and executive director of Connecticut Innovations Inc. (CII); Kevin Rakin, executive-in-residence at Canaan Partners and co-chair of CURE; Bruce Alexander, Yale University's vice president for New Haven and state affairs and campus development; Peter Deckers, dean of the University of Connecticut School of Medicine; Greater New Haven Chamber of Commerce President Anthony Rescigno; West Haven Mayor John Picard; and West Haven State Rep. Steve Dargan (D-115).
Bayer will also work with its own commercial real estate consultants to advise on potential opportunities for the site following its move.
"We want to return it to productive business use in the community," Gouveia says. "This will be an ongoing process over the next several months. At this point in the process it is too early to ascertain interest."
James Burns, chief of staff to West Haven Mayor John Picard, says a bioscience company would be an ideal user for the site.
"The current campus is designed for research, manufacturing and distribution, so that would be a natural fit," says Burns. "We've got a window of anywhere from 12 to 18 months as Bayer does their decommissioning of the site."
Adds Burns, "They will be paying taxes during that time, though right now we're beginning to see less in personal property taxes since they are eliminating machinery."
Bayer is the largest taxpayer in the town of Orange and city of West Haven, paying $4.3 million in taxes in 2005. Until the property sells, Bayer will have a responsibility for the real estate taxes on the building and land. Until 2003, Bayer was the biggest employer in West Haven. (Today the Veterans Administration Hospital holds that distinction with more than 1,700 employees.)
One prospective buyer is the United Illuminating Co., whose officials acknowledged they have considered the property for occupancy when UI consolidates and relocates its current 157 Church Street, New Haven headquarters after its lease there expires in 2012. UI is also considering other options in West Haven and Milford.
UI would use only about one quarter of the 137-acre site. The utility provider paid just over $4 million in taxes to the city of New Haven in 2005.
The commission had its first walk-through inspection of the site in late November. This gave the task force a feel for the buildings, as well as the magnitude of the property. And it is full of magnitude.
"It's an excellent piece of property, right off I-95," Burns says. "The buildings are relatively new, well built and well maintained. It's what I would call a picture-perfect campus for a corporation, whether biotech, pharmaceutical or something else."
Commercial Realtor Kristen Geenty, president of the Branford-based Geenty Group, says that collaboration between economic-development officials from the city of West Haven and the state and the broker who will work on selling the property is vital.
"Absorbing that type of vacancy is going to be huge," she says. "I know that [New Haven chamber of commerce head] Tony Rescigno is very positive on absorbing it, in smaller bits and pieces. But I think it would be one in a million if somebody were to come in and be able to use all of the building and lab space."
Rescigno does have a positive but realistic outlook.
"The best thing would be another bioscience company," he allows. "It would be the best fit - a natural to be able to walk in and use what's there. The worst use would be a shopping center. From an economic-development point of view, we hope that an organization or corporation will come in and create some high-paying jobs for folks."
An educational institution wouldn't be the least desirable, according to Rescigno, though it might not be the best thing for West Haven since it would be tax-exempt. (Depending on the user, reimbursement through the state's PILOT program would cushion the financial blow at least in part.)
"It won't be easy to get another biotech company in there, but I don't think it's unrealistic to think it's possible," Rescigno says. "There are international companies looking for a U.S. presence, and that location is terrific. It's not out of the realm of possibility."
The key, according to Geenty, will be marketing efforts at the state level.
"The broker and the ownership are going to work very hard to contact biotech companies around the country," she says. "This many be tough because Connecticut is not super-welcoming to businesses. We are No. 50 [nationwide] in jobs creation, so it could be a very difficult process.
"In my opinion, we need to see the rest of our biotech community strong and happy in the state so that we can market it to other biotech companies," Geenty adds.
The Bayer property can be divided - which likely is the only way it can be fully reoccupied.
"It's going to be challenging, and the marketing of the state is going to be as valuable as the marketing of the property," Geenty says. "The Bayer property is on I-95, which is great, except that I-95 doesn't always move quickly [which potentially restricts access to the site]. Someone coming in, buying the entire property and leasing it out could face years of vacancy until reaching full occupancy."
Eileen Buckheit, West Haven's commissioner of planning and development, says her city is open to any number of options. However, she notes, "We would like to have a plan in place before [Bayer's] departure.
"A biotech company would obviously be the best fit since it is research-and-development labs," Buckheit adds. "When you walk through, it's labs with high-tech equipment, so the easiest way to fill the space would be to utilize the property the way it is being utilized today."
The property also includes a child-care center that can accommodate 250 children, several cafeterias and offices - virtually every amenity that one would expect from a major corporate headquarters.
Buckheit is on the governor's task force and says that since inquiries come into the state through multiple channels - DECD, the Connecticut Economic Resource Center (CERC), Connecticut Innovations, CURE - the governor's task force was constructed to channel those inquiries, review them and see what the best options for the site are.
"Everything that we heard at the first meeting says that Bayer is very interested in working together with the task force," Buckheit says. "The representatives from Bayer also spent a lot of time speaking of their concern for their employees. I think it was very genuine and that decision was made in Germany and there are still many signs of disappointed and sad employees."
CURE President Paul Pescatello is also the task force.
"We do need to learn a bit more about the property before deciding what the alternatives are," he notes. "It's a great property, and to Bayer's credit, they've really kept it in tip-top shape. Every building there is ready to go - from office space to lab and warehouse.
"From the [bioscience] industry's perspective, I would say the best thing would be another pharmaceutical-related company," Pescatello adds. "Whether there's a market for that is what we have to gauge. We're there to assist Bayer in any way possible in identifying the best use and user for the property. We can bring to Bayer any of our contacts."
The head of the New Haven-based Regional Growth Partnership, Robert Santy, concurs.
"It won't be any one occupant, it will probably be a good mix," Santy predicts. "I hope that it will be some bioscience and some office. It's a prime property, so long-term I know it will be fine."
Since it's not likely that one occupant will come in and gobble the entire parcel up, dividing the property will work," adds Santy. "Anything that keeps it on the tax rolls will work."
"I don't see that one user will take the whole thing," adds Buckheit. "Speaking for West Haven, I don't think we want something that's going to take it off the tax rolls. So we want private-sector business, not a [non-profit] use."
Clark of Geenty Group Represents Medical Staffing Network, Inc.
November 22, 2006
The Geenty Group, Realtors is pleased to announce that Medical Staffing Network, Inc. has leased a 1,775 square foot office suite at 504 Boston Post Road, a multi-tenant facility in Orange. The company is a staffing service for hospitals and doctors based in Boca Raton, Florida.
Bill Clark, Senior Vice-President of The Geenty Group, Realtors, represented the tenant, while Mark Glassman, of Arnold Peck's Realty World, represented the landlord, 504 Boston Post Road, LLC.
Clark of Geenty Group Leases Space at Mariner's Corner
November 15, 2006
The Geenty Group, Realtors is pleased to announce that Doctors Coulis and Furtado are opening a new chiropractic medical practice, Spine and Pain Associates. The 3,305 square foot office unit they have leased long-term is situated in a multi-tenanted office building located at 2415 Boston Post Road in Guilford. The landlord, Mariner's Properties, will be doing extensive renovations to the subject unit, which is located in the front of the building on the first floor with full Route One visibility. Bill Clark, Senior Vice-President of The Geenty Group, Realtors, represented the landlord, while Eric Thal, of William Raveis Real Estate, represented the tenents, Doctors Coulis an Furtado.
Kristin T. Geenty, President of The Geenty Group, Realtors in Branford, is pleased to announce that the 24,600 square foot modern light industrial facility at 14 Beaver Road in Branford has been leased in its entirety to SCA, Inc. SCA, headquartered in Dekalb, Illinois, is a large multi-national, multi-discipline manufacturer, who will be operating an injection molding plant on the basis of three shifts per day. Formerly the Alloyd Company, SCA is also North America?s largest manufacturer of light-gauge custom thermoformed retail packaging. SCA combines package design and production services with seal tooling and machines to give a total packaging solution.
The sole agent in this transaction, who represented the landlord, The Joan G. Adams Appointment Trust of California and represented the tenant, was Kevin C. Geenty, SIOR. Local counsel for the landlord was Attorney Geoffrey Hecht and Attorney Nancy Mendel of Caplan, Hecht & Mendel, of New Haven. The aggregate value of the initial lease term is just under One half million dollars.
The Geenty Group, Realtors is pleased to announce that MedOp Inc. has entered into a long term lease for 4,270 square feet at 20 Research Parkway in the Old Saybrook Business Park to be used as its corporate and general offices. The sole agent involved was Kevin C. Geenty, SIOR, Vice-President of The Geenty Group, Realtors in Branford. The landlord, Mill Meadow Development, LLC, was represented by Attorney A. Raymond Madorin, of Farmington, while MedOp was represented by Attorney Mychal Boyd, of Wiggin & Dana, in New Haven.
MedOp Inc. is a leading dietary supplement manufacturer, medical supply distributor and pharmaceutical supplier. Founded in 1985 by Dr. Rodney O. Horton, the company is dedicated to developing products for ocular health and overall well-being. MedOp Inc. provides eye care professionals and consumers with an extensive selection of healthcare products of the highest quality and standards.
The Geenty Group reports that the Old Saybrook Business Park has achieved a 99.7% occupancy rate. The aggregate lease value of the initial lease term is in excess of $290,000.
Olde Mill Building In East Haven Leased to JC Wyatt
October 26, 2006
JC Wyatt has leased the Olde Mill Building located at 66 Saltonstall Parkway, East Haven. JC Wyatt was previously located in Branford and specializes in boutique home accessories, gifts, lingerie and gifts for the discerning dog. Art Randolph, Vice-President of The Geenty Group, Realtors, represented the landlord, Olde Mill Associates, and Kristin Geenty, President of The Geenty Group, Realtors, represented the tenant. The Olde Mill, over 300 years old, is a historic landmark in the Town of East Haven. Many of the original architectural features and historic photos are prominent throughout the shop.
Geenty Group Brokers Liquor Business
October 9, 2006
Barry Stratton and Kevin C. Geenty, SIOR recently listed the business and real estate of a very successful wine and liquor store in Westbrook, CT. The offering, which was handled on a confidential basis, attracted five written purchase proposals within the first few weeks of marketing. The purchaser, Mr. Manish Patel, was represented by Arthur J. Randolph, Vice-President of The Geenty Group. The combined purchase price of the business, the inventory and the real estate was just under $1 Million dollars. The sellers were represented by Attorney Jonathan Hoyt of The Hoyt Law Group in Guilford, while the buyer was represented by Attorney Jeffrey Sachs, of Biller, Sachs, Raio & Zito in Hamden.
Retail Strip Sold By The Geenty Group
October 6, 2006
The Geenty Group, Realtors, of Branford, CT, listed and sold a 21,000 square foot mixed use retail / office strip center. The property located at 189-191 Middlesex Avenue (Route 154), Chester, CT, was purchased by DVA, LLC in the year 2000, when it was 86% vacant and environmentally challenged. The environmental conditions were quickly remediated and the complex achieved 100% occupancy within a year. Kevin C. Geenty, SIOR listed the property and put it under contract for purchase to Pettis Properties, LLC in one day. The sale closed at just under $1.5 Million dollars.
The sellers were represented by Attorney A. Raymond Madorin, of Farmington, while the buyer was represented by Attorney Timothy Yolan, of Yolan & Perzan, of New Haven. The Geenty Group was the sole agency in the transaction.
Expanding Company Leases Space
October 4, 2006
Brook & Whittle, Ltd., who owns a large facility for commercial printing, related to consumer products in North Branford, is expanding. Through the efforts of their agent, Bob Dow, President of Dow Realty in New Haven, they have leased 5,000 square feet of pure warehouse space at 15 Commerce Drive, North Branford, in order to open up more production space in their main facility close by. The listing agents were Barry Stratton and Kevin C. Geenty, SIOR, of The Geenty Group, Realtors in Branford.
The landlord, William E. Hitchcock, III, will be performing some tenant specific fitup for Brook & Whittle's long-term occupancy. The tenant has already occupied a portion of the premises while the construction is underway. This is the second lease completed for Mr. Hitchcock in the past month, and 16,000 square feet, which can be divided, still remains to be leased.
Geenty Group Brokers 12,000 SF Building
September 27, 2006
Westbrook, CT - A 12,359 SF light industrial building, located at 1244 Old Clinton Road and very proximate to Route 1 and the center of Westbrook, has been sold by Renz Development, LLC to a mechanical contractor who is expanding its business on the Shoreline for just under $700,000.
The buyer will occupy the entire building with its business. The building, sited on 1-1/2 acres, was the former location of The Woodpecker furniture manufacturing company. Kristin Geenty, President, and Kevin Geenty, SIOR, Vice-President, were the two agents who facilitated this transaction.
Even as urban office space goes wanting, flex users help to drive new demand
Click on the following link to view article - http://www.conntact.com/article_page.lasso?id=40256
East Coast Plumbing and Drain Cleaning, Inc. Leases Space at 249 Research Drive, Milford
September 13, 2006
The Geenty Group, Realtors has announced that East Coast Plumbing and Drain Cleaning, Inc., has leased 800 SF of industrial space at 249 Research Drive in Milford. As plumbing contractors, the company plans to utilize Unit 4 for its general office and storage of plumbing equipment. Bill Clark, Senior Vice-President of The Geenty Group, Realtors in Branford, was the agent who represented the landlord, D'Amato Investments, Inc., while Barry Stratton, Commercial Associate of The Geenty Group, represented the tenant, East Coast Plumbing and Drain Cleaning, Inc.
The Geenty Group, Realtors Sells Commercial Condo at 375 Morgan Lane, West Haven
September 5, 2006
The Geenty Group, Realtors announces that Phil Chan has purchased a 768 square foot commercial condominium at 375 Morgan Lane, Unit 301, West Haven. Mr. Chan will utilize the unit at The Twelve Oaks Business Park to conduct an import business dealing with watches. Sale value of the transaction was $66,500.
Bill Clark, Senior Vice-President of The Geenty Group, Realtors, represented the seller, John Felske, while Kevin C. Geenty, SIOR, Vice-President, represented the buyer, Phil Chan.
Branford Rehabilitation Center Relocating to 226 East Main Street, Branford
August 23, 2006
The Geenty Group, Realtors has announced that Marianne Parente, of Branford Rehabilitation Center, will be relocating its services from Lockworks Square in Branford to its new facility at 226 East Main Street in Branford. The 3,329 square foot building is situated on .48 acre and includes private offices, conference rooms, kitchen and baths, and an impressive fieldstone fireplace residing in the entry room. Renovations are underway at the new facility, which previously serviced the law offices of Harrington & Forgione, and CTX Mortgage Company. Sale value of the transaction was in excess of $440,000.
Kristin Geenty, President, and Kevin C. Geenty, SIOR, Vice-President, of The Geenty Group, Realtors, represented the sellers, Lori Forgione and Paula Harrington, while Carol Levitt, of Martin and Associates Real Estate, LLC, represented the buyer, Marianne Parente.
Tri-State Home Improvement, LLC Exercises Purchase Option
August 15, 2006
Tri-State Home Improvement, LLC has announced that after leasing the commercial condominium unit for five years, it has exercised its option to purchase the property at 65-9 North Branford Road in Branford. The condo is comprised of 2,000 square feet of nice office space and 1,000 square feet of shop space with a large overhead door. Tri-State Home Improvement has over 24 years of experience as gutter, siding and window contractors, providing custom remodeling services to the entire State of Connecticut. Sale value of the transaction was just under $300,000.
Kevin C. Geenty, SIOR, Vice-President of The Geenty Group, Realtors, represented the seller, Delucia Associates, Limited Partnership, and the buyer, Tri-State Home Improvement, LLC.
Beyond Components Expands Branch Office In Wallingford
August 9, 2006
Lou Dinkel, President & CEO, and Taylor Hosch, Regional Manager, of Beyond Components, have announced that after maintaining a presence in Wallingford for the past several years, the firm's branch will expand and move to 65 North Plains Industrial Park Road in Wallingford. The two commercial condominium units, totaling 6,000 square feet, are situated in Prestige Park, just off Route 68 and Route 5, between the Wilbur Cross Parkway and I-91 in Wallingford. Beyond Components is a national distributor of high quality electronic and electro-mechanical products. Sale value of the transaction was $380,000. Kristin Geenty, President of The Geenty Group, Realtors, was the buyer's agent, while Art Randolph and Bill Clark, also of The Geenty Group, represented the seller, Dragonfly International.
Davco Engineering, a design engineering company, has relocated its business to a larger industrial condominium unit of 1,280 square feet in The Twelve Oaks Business Park at 375 Morgan Lane in West Haven. Bill Clark, of The Geenty Group, Realtors in Branford, was the agent who represented the landlord, John C. D'Amato, Jr. & The LAD Trust, as well as the tenant, John Schuld, owner of Davco Engineering.
Home Health Care Services, LLC has executed a lease for 2,500 square feet in the signature building at 163 Cedar Street, Branford. The building, which is owned by CK Russo Builders, LLC, is adjacent to Interchange 54 of Interstate 95. Home Health Care's agent was Kristin T. Geenty, President of The Geenty Group, Realtors in Branford, while the landlord was represented by William N. Clark, Senior Vice-President of The Geenty Group. The lease, which has a gross value approaching $200,000, is a multi-year, long-term lease.
Precision X-Ray, Inc. to Move to North Branford
July 18, 2006
Brian Dermot, President of Precision X-Ray, has announced that the firm will be relocating from the East Haven Industrial Park to the North Branford Industrial Park and occupying a 6,500 square foot facility at 15 Commerce Drive. Precision X-Ray is in the business of design and manufacturing research equipment for the life sciences industry. Barry Stratton, Bill Clark and Kevin C. Geenty, SIOR, all of The Geenty Group, Realtors in Branford, were the agents who represented the landlord, W. E. Hitchcock, LLC, as well as the tenant. The lease value of $200,000 provides for a complete renovation of the offices and assembly areas to be performed to the tenant's specifications.
Trucking / Brokerage Firm Relocates
July 18, 2006
Nova Transportation is relocating its offices from North Branford to a 4,000 square foot office condominium at 9 Business Park Drive, Branford. Nova is a trucking firm who also brokers truckload shipments to other carriers through the United States. The principals of Nova, Christine and John Poutot, have indicated that their warehouse and truck facilities will remain in North Branford, while the new office they are purchasing will allow them to better serve their clients. Kristin Geenty, President of The Geenty Group, was the buyer's agent, while Kevin C. Geenty, SIOR represented the seller's interest. The sales price was reported to be just under One half million dollars.
Law Firm Leases In Madison
July 12, 2006
Tyler Cooper & Alcorn, one of Connecticut's largest and prestigious law firms, has leased 1,500 square feet for a suburban office serving their Shoreline clients. The offices are located at 23 Woodland Road in Madison. This new long-term lease underscores Tyler Cooper's commitment to its clients. Kevin Geenty, SIOR, of The Geenty Group, Realtors in Branford, was the sole agent in the transaction.
The Geenty Group Leases Warehouse Facility In Haddam, CT
June 28, 2006
Professional Moving & Storage Company, LLC has leased a warehouse facility at 95 Bridge Road in Haddam, from which it will operate its regional and national moving and storage business. Brian Gemme, President of Professional Moving, said that this move and expansion was necessary to serve his growing clientele. The landlord is SS-II, LLC. Kristin Geenty and Kevin Geenty, SIOR, of The Geenty Group, Realtors in Branford, are the listing agents for the complex, where additional space is yet to be leased. Professional Moving was represented by Robert Gemme of William Pitt-Sotheby's of Avon.
New Haven Business Relocated
June 27, 2006
Kristin T. Geenty, President of The Geenty Group, was the listing agent for the building at 150 West Main Street, Clinton, CT, which has been purchased by the principals of European Auto Services of New Haven. Mario and Mark Sobczak, who operate European Auto, will renovate their new building prior to their relocation. The buyers were represented by Colonial Properties in Orange. European Auto, who paid in excess of $350,000, will continue to provide full service automotive care, while becoming a dealer for the prestigious Pirelli Tire line. The seller was 150 West Main Street Associates, LLC.
The Geenty Group, Realtors Sells Office Lot In Killingworth, CT
June 19, 2006
One of the few remaining commercial lots in Killingworth has been purchased by CSK Realty, LLC for future development. The listing agents at The Geenty Group were William Clark, Kristin Geenty and Kevin Geenty, SIOR, who represented the seller, Timmerman and Timmerman, LLC. Century 21 Access America, of Wethersfield, represented the buyer, CSK Realty, LLC. Attorney Thomas Cronan, of Crosby & Cronan, of Madison, said that this $300,000 purchase completes the package of purchases of the property known as The Pharmedica Corporate Campus, as CSK purchased 40,000 square feet of Class 'A' office buildings at the campus last year through the same two realtor firms.
Oakdale Professional Park Now Fully Leased
June 14, 2006
WALLINGFORD-Arthur J. Randolph, Vice President at The Geenty Group, Realtors, in Branford, reports that the remaining available unit at 100 South Turnpike Road, Wallingford, has been leased. With Art's help, the Landlord, Ichiban Properties, LLC, embarked on a successful improvement program and re-branding of the former Halcyon Office Park to Oakdale Professional Park, consisting of four buildings totaling 64,000 sf. The changes attracted several tenant expansions as well as new tenants: The Better Business Bureau of Connecticut, The Quinnipiac Chamber of Commerce, Altura Communications, and now, The Connecticut Certification Board, Inc. The Oakdale Professional Park is now fully leased.
The Connecticut Certification Board, Inc., was represented by Tom Doyle of Prudential Connecticut Realty of New Haven.
Children's Store Moves to Westbrook
June 12, 2006
Barry M. Stratton, a new Commercial/Residential Associate at The Geenty Group, Realtors, in Branford, reports the lease of retail space at 362 Boston Post Road, Westbrook. Barry represented the Tenant, Ms. Trudy McClure. She is the Owner of Reruns For Wee Ones, a new and used children's clothing and toy store, formerly located at 316 East Main Street in Clinton. The Landlord, Phillip Wetmore, was represented by Peter Bonanno of Coldwell Banker in Old Saybrook.
2 Units Leased in Kilkenzie Condominiums
June 5, 2006
MADISON-Kevin C. Geenty, SIOR, Vice President at The Geenty Group, Realtors, in Branford, reports the lease of two units totaling 1,600 sf in The Kilkenzie Condominiums, a mix of professional office and residential condominiums located at 23 Woodland Road, Madison. Meri L. Greenwald of The Therapeutic Centre, has entered into a new, long-term lease. The Therapeutic Centre provides numerous therapeutic and rehabilitative services and procedures to the public. The Landlord is 23 Woodland Road Associates, LLC. Kevin was the sole agent in this transaction.
Masonic Healthcare Leases Space in Wallingford
May 31, 2006
WALLINGFORD-Arthur J. Randolph, Vice President at The Geenty Group, Realtors, in Branford, reports the lease of 3,000 sf of space at 65 South Turnpike Road, Wallingford, a 33,000 sf multi-tenant light industrial facility. Art represented the Tenant, Masonic Healthcare Center. Wallingford, CT-based Masonicare is Connecticut's largest not-for-profit provider of senior healthcare services and retirement living, offering a full continuum of care that includes everything from coordinated inpatient and outpatient services to homecare and retirement living. The Landlord, 65 South Turnpike Road, LLC, was represented by William N. Clark, Senior Vice President at The Geenty Group.
MILFORD-Kristin T. Geenty, President of The Geenty Group, Realtors, in Branford, reports the lease of two units at 215 Research Drive, Milford. Kristin represented the Tenant, Jonathan Siegel of Alarm Warehouse, LLC. Alarm Warehouse has served Long Island for 20 years. The Milford location marks the company's expansion into New England. The Landlord, D'Amato Investments, LLC, was represented by William N. Clark, Senior Vice President at The Geenty Group.
Office Unit Leased in Thimble Creek Condominiums
May 16, 2006
BRANFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, represented the Tenant in the lease of 1,100 sf in the Thimble Creek Condominiums, a Class "A" office facility located a 420 East Main Street in Branford. PeriShip, LLC, is the new Tenant. Luciano Morra, Managing Partner, says that PeriShip provides logistic solutions for the perishable foods industry. Mr. Morra is a Member of the International Cargo Security Council Government Affairs Committee. The Landlord, Captiva, LLC, was represented by Kristin T. Geenty and Kevin C. Geenty, SIOR.
Geentys Lease 40,000 sf Chester Building
May 8, 2006
MAY 2006 - Kristin T. Geenty, President of The Geenty Group, Realtors in Branford, and her father, Kevin C. Geenty, SIOR, Vice President, were both the listing and leasing agents for the 38,600 square foot distribution building at 8 Inspiration Lane, Chester, CT. This modern, high ceiling facility is the former home of Chester Machine Products which was sold to a German manufacturer several years ago. The property is owned by Ohaus Management Group, Inc. The Landlord's primary negotiator in the long-term lease was Mr. Karl Ohaus. Mr. Bill Stauffer, President of Insula-Dome Skylights, the tenant company, reports that his firm has already taken occupancy of the facility.
The lease has a value in excess of $750,000, and the tenant company has been granted an option to purchase the building and land.
H. Pearce & The Geenty Group Broker 1031 Exchange Deal
May 3, 2006
David Lubner of H. Pearce Company's North Haven office was the listing agent on a multi-tenant, retail/investment property located at 1283-1287 Boston Post Road (Route # 1) Westbrook, CT. The subject property was purchased at a price in excess of $400,000 with the assistance of
Kevin C. Geenty, S.I.O.R. of The Geenty Group, Realtors, in Branford.
The Purchasers, Ms. Valerie Pettis and Mr. Mark Lender of Madison and Manhattan, acquired this property as part of a IRS section number 1031 tax deferred exchange, and they plan to dramatically upgrade the physical and mechanical components of the property while stabilizing the rent roll. The Sellers were Mr. and Mrs. Edward Sohmers of Holicong, PA.
The Sellers were represented at the closing by Attorney Michael Wells of Essex while the Buyers were represented by Attorney Valerie Votto of Old Lyme.
Industrial Unit Leased in Milford
April 26, 2006
William N. Clark, Senior Vice President at The Geenty Group, Realtors, in Branford, reports the lease of an 800 sf industrial unit in a multi-unit park located at 215 Research Drive, in Milford. The Tenant is Roger Bellmore of The Work Smart Group, LLC. They plan to use the space as a sound studio for music recording. The Landlord is D'Amato Investments, LLC. Bill represented both the tenant and the landlord in this transaction.
Space Leased in East Haven Industrial Park
April 24, 2006
Arthur J. Randolph, Vice President at The Geenty Group, Realtors, in Branford, reports the lease of 5,000 sf of space in the East Haven Industrial Park, a modern, light industrial building located at 17 Commerce Street in East Haven. Art represented the tenant, Select Express & Logistics, a New York City based transportation and logistics company. Errol Cvern is the Company President. The Landlord, Ultra-Optix, Inc., was represented by Carl Russell of George J. Smith & Son Real Estate in Milford.
Space leased by North Haven Bank
April 19, 2006
Arthur J. Randolph, Vice President at The Geenty Group, Realtors, in Branford, reports the long-term lease of 2,400 sf at 24 Washington Avenue, North Haven. Art represented the Tenant, Southern Connecticut Bancorp, Inc., and its President & C.O.O., Michael M. Ciaburri. They plan to use the space for their Bank of North Haven location. The Landlord, 24 Washington Avenue, LLC, was represented by Bill Silverman and Shawn Reilly of Levey Miller Maretz of Woodbridge.
Kristin Geenty elevated to President of The Geenty Group
April 17, 2006
BRANFORD-The Directors of The Geenty Group, Realtors, are pleased to announce that Kristin T. Geenty has been elevated to the position of President of The Geenty Group and its parent company, Geenty, Inc., effective March 1, 2006. Kristin's successful efforts to stabilize and improve the administrative and financial operations of this Commercial Real Estate Brokerage Firm made it easy to justify her taking the helm of all of the company's functions, including the Sales and Marketing Departments. Kevin C. Geenty, SIOR, the Founder and Former President, is looking forward to spending more time actively assisting clients and marketing properties. In other action, the Directors have elevated Arthur J. Randolph to the position of full Vice-President.
Donovan Marine, Inc. Purchase 3 Hilltop Road, Norwich
March 31, 2006
The Geenty Group and Lyman Real Estate worked in tandem to complete the sale of 3 Hilltop Road, located in the Norwich Business Park, Norwich, CT to Donovan Marine, Inc., a leading marine accessory distribution company. The Seller began leasing the 44,820 square foot building to Donovan Marine in August of 2004 with the intent to complete the purchase after due diligence was completed. The sale was closed on March 31, 2006 at a price in excess of $1,000,000.
Kevin Geenty, SIOR, of The Geenty Group, Realtors, along with Matt O'Hare of CB Richard Ellis, represented the buyers. Ron Lyman, CCIM, and Karen Simkowski, of Lyman Real Estate, represented the sellers. Donovan Marine, a large national distributor based in New Orleans of everything for the boating enthusiast, was referred to The Geenty Group by Randall L. Walker, SIOR, of the Industrial Group in New Orleans. Mr. Walker is the 2006 president-elect of the Society of Industrial & Office Realtors, and will take over the helm of that 3,000-designee member organization on January 1, 2007.
186,000 sf in Clinton, CT Leased
March 27, 2006
CLINTON - The Geenty Group, Realtors of Branford, CT has recently completed the leasing of the former Unilever distribution facility with the cooperation of Colliers Dow & Condon of Hartford. This 186,000 sf single-story state-of-the-art distribution facility with 14 truck docks, high ceilings, and rail service has been leased by Warehouse Services, LLC of South Carolina and it will become the New England distribution point for the Tempurpedic Mattresses. The listing agents at The Geenty Group were Kristin T. Geenty and Kevin C. Geenty, SIOR and the listing was referred to The Geenty Group by Eric Witmondt, SIOR of New Jersey. The tenant representatives were Kristopher Krohn and Nick Morizzio, SIOR, and the tenant was referred to them by John Scott, SIOR of South Carolina. The landlords are Kent Home Associates, LLC, a small group of very significant investors who own this property at 30 Old Post Road as a long-term investment. The lease is valued in excess of One million dollars.
10,000 Square Foot Expansion
March 24, 2006
OLD SAYBROOK - Tantor Media, Inc. is expanding in Old Saybrook, CT from their headquarters at 114 Mill Rock Road East. They have leased a 10,039 square foot assembly and distribution facility at 139 Mill Rock Road East in the Old Saybrook Business Park. Kevin C. Geenty, SIOR, at The Geenty Group, Realtors, was the listing and leasing agent. Tantor Media, a producers of books on tape/CD will be shifting several of its company's operations from its corporate office location to the new facility.
MILFORD- Bill Clark, Senior Vice President at The Geenty Group, is pleased to announce that a commercial condominium at 12 Oaks Business Park on Morgan Lane in West Haven, formerly owned by Byong-Nim Choi, was recently purchased by an adjoining unit owner, Mr. Bruce J. Spiewak, an architect. Bill was the listing agent for this 800 sf condo, while the selling agent was Kevin C. Geenty, SIOR, Vice President at The Geenty Group. The condo sold at a price of $63,000. Mr. Spiewak will be using the new space for an expansion of his architectural firm and its personnel.
BRANFORD-Two agents at The Geenty Group, Realtors, in Branford cooperated in the lease of a unit at 53 East Industrial Road, Branford, in a brand new business park at the burgeoning Exit 56 gateway to Connecticut's shoreline. Arthur J. Randolph, Director, represented the Tenant, Adam Kores, President of The Royal Closet Company, Inc. They plan to use the space as business offices for their Norwalk-based custom closet design, fabrication, and installation firm. The Landlord, PADULA, LLC, was represented by William N. Clark, Senior Vice President.
New Tenant on East Main Street, Branford
February 2, 2006
BRANFORD-Kristin Geenty, Chief Operating Officer of The Geenty Group, Realtors, in Branford, announced that Harlaco Associates has leased 1,000 sf of luxury office space at 765 East Main Street, Branford, for its new offices. Harlaco's offices were previously located on Front Street in New Haven for many years and through two generations of the Labov Family.
Diane Chadderton of Century 21 Access America in Branford, was the leasing agent while Kevin C. Geenty, SIOR, was the listing agent representing Captiva, LLC, the landlord. Harlaco has been extremely active in both Fairfield and New Haven counties for decades in the construction, ownership, and management of numerous commercial and industrial properties, including the Mersick Industrial Park on State Street at Sackett Point Road in North Haven.
Fundamental Shifts Causing Change in Demand in the East
February 1, 2006
BRANFORD-Kevin C. Geenty, SIOR, President of The Geenty Group, Realtors, is quoted in the current edition of Professional Report magazine. Professional Report is a publication of The Society of Industrial & Office Realtors (SIOR). In the magazine, Mr. Geenty comments on market trends in the industrial sector. In the article, Mr. Geenty states that "light industrial, distribution, and flex space rents are likely to rise 5 to 10 percent. There is a horrendous shortage of space of all kinds in 90 percent of our market's geography. A wise landlord should recognize this as an appropriate time to increase his yield." Geenty also provides some nuance in noting that landlords still need to spend more on tenant fit-up to compete effectively. A complete copy of the article is available by contacting Michele Carmichael-Green, Marketing & Public Relations Manager at SIOR, at mcarmichael-green@sior.com.
Headquartered in Washington, D.C., SIOR is a global professional organization that certifies commercial real estate service providers with the exclusive SIOR designation. Individuals who earn their SIOR adhere to the highest levels of accountability and ethical standards. Only the industry's top professionals qualify for the SIOR. Today, there are SIORs in 450 markets in 20 countries.
Unit Leased in a Corporate Park in Milford
January 24, 2006
MILFORD-Two agents at The Geenty Group, Realtors, have cooperated in brokering the lease of a unit in Milford Corporate Park at 181 Research Drive, located at I-95, Exit 40. William N. Clark, Senior Vice President, represented the Landlord, D'Amato Investments, LLC. Arthur J. Randolph, Director, represented the Tenant, Daniel G. DeSousa of An Up & Down Overhead Door Company, LLC. They will use the space for offices and a showroom for their residential and commercial overhead door company.
MILFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, in Branford, reports the lease of 800 sf of industrial/flex space at 132 Pepes Farm Road, Milford. Bill represented both the landlord and tenant in this transaction. The landlord is D'Amato Investments, LLC. The tenant is Hartford Cordage & Twine Company, Inc., a distribution company for cord and twine. Michael Green is the company's President.
Manufacturing Facility Sold in Killingworth
January 6, 2006
KILLINGWORTH-According to William Loveland, Company President, M & L Products, Inc., of Killingworth has sold its manufacturing facilities at 2 & 8 Route 80. M & L had been in business since 1961 and through two generations. Mr. Loveland selected The Geenty Group, Realtors, of Branford, to market the almost 5 acres of industrially zoned property with 5 buildings containing over 20,000 sf of floor space. Mr. and Mrs. Loveland and their R.V. (recreational vehicle) have opened a new life chapter- retirement. Kevin C. Geenty, SIOR, and Kristin T. Geenty, were the only agents in the three quarters of a million dollar transaction. P.A.C. Principal Assets, LLC, of Madison was the purchaser who plans to use the facility to house one of its operating entities.
BRANFORD-The Geenty Group, Realtors, of Branford, has brokered two commercial lots for John A. Sakon and James N. Sakonchick, Seller, and both lots were purchased by J.J.D., LLC, of Milford. 670 West Main Street, Meriden, consists of one acre and sold for $250,000 while 71 West Main Street, Branford, consists of 1.1 acre and sold for $350,000. Kevin C. Geenty, SIOR, and William N. Clark, Senior Vice President, were the sole agents in both transactions. Both lots are now available for commercial users on a land lease or build-to-suit basis through Bill Clark at The Geenty Group, Realtors.
New Design Studio to Open in Branford
January 4, 2006
BRANFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, reports the lease of an 800 sf industrial condo unit at 53 East Industrial Road, Branford, a multi-tenant facility. The tenant is Dustin W. Gold, Owner and Director of Think Tank Design Studio, a company that does specialty artwork for promotion and advertising. They will be opening their studio in January. The landlord is PADULA, LLC. Bill represented both the tenant and the landlord in this transaction.
Shoreline Church Relocates to Old Saybrook
December 28, 2005
OLD SAYBROOK-Kevin C. Geenty, SIOR, President of The Geenty Group, Realtors, reports the lease of 9,757 sf of space at 139 Mill Rock Road, East, in The Old Saybrook Business Park. Kevin represented the landlord, Mill Rock Leasing, LLC. The tenant is Shoreline Church, Inc., which is currently holding services in the Old Saybrook Middle School on Sundays. However, once they relocate to the Business Park in early 2006, they will also hold services on Wednesday evenings. The congregation currently consists of 90 or more people and is expected to grow in its new location. Michael Calo is the Senior Pastor. The tenant was represented by Michael Marsden of The Mitchell Agency.
KILLINGWORTH-William N. Clark, Senior Vice President at The Geenty Group, Realtors, reports the lease of 1,518 sf of first floor office space at The Courtyard, a five-building office/retail complex located at 176 Route 81, Killingworth. Bill represented the landlord, D'Amato-Killingworth, LLC. The tenant is Julie A. Abraham, CEO of Direct Mail Jobs, LLC, a high-tech job placement firm. They were represented by Richard Gold, of O, R, & L.
Physical Therapy Office Leases Space
December 5, 2005
GUILFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, reports the lease of 1,200 sf of space at 47 Clapboard Hill Road, Guilford. Bill represented the landlord, Noorollah Khorsandi. The tenant is William Feiler of Cross Therapy, LLC, which provides physical and occupational therapy. Nancy Peterson of Peterson Real Estate of Guilford represented the tenant in this transaction.
Cross Therapy, LLC, plans to fully renovate and refurbish the premises being leased in order to provide a current state-of-the-art physical therapy facility.
Geenty Group Brokers 3 Transactions
November 23, 2005
BRANFORD-Kristin T. Geenty, Chief Operating Officer at The Geenty Group, Realtors, in Branford, is pleased to report the lease of three properties. Kristin represented the tenant and William N. Clark, Senior Vice President, represented the landlord in all three transactions. 181 Research Drive, Milford, an 800 sf office space, has been leased to Tricom Systems, Inc. 124 Pepes Farm Road, Milford, has been leased to Permanent Siding & Windows. D'Amato Investments, LLC, is the landlord for both of these properties.
In Branford, 141 North Main Street was leased to James F. McCarthy of Celtic Armory, LLC, serving as a firearms training center and also for the sale and service of firearms. The landlord for this property is Joseph A. Giunta.
Geenty Group Agents Team Up in Land Sale
November 16, 2005
CLINTON-Two agents at The Geenty Group, Realtors, in Branford, worked together in the sale of 1.5 acres of land at 203A East Main Street, Clinton, directly in front of the Stop & Shop center. Arthur J. Randolph, Director, represented the Sellers, Richard & Katherine Kalapos and Gordon H. Champion. Kristin T. Geenty, Chief Operating Officer, represented the Buyer in this sale. The land sold for $730,000.
WALLINGFORD-Arthur J. Randolph, Director at The Geenty Group, Realtors, in Branford, represented the Landlord, while Virginia Vinci, of H. Pearce Company, Realtors' Hartford office represented the Tenant in a long-term lease to one of the nation's premier telecommunication innovation companies. Altura Communication Solutions, LLC, with its corporate and research offices located in California, have leased almost 4,000 sf of space from Ichiban Properties, LLC, the Landlord at The Oakdale Professional Park, a corporate campus setting on the Wilbur Cross Parkway at 100 South Turnpike Road, Wallingford. Both agents as well as the Landlord and Tenant were called on to demonstrate a high level of expertise during negotiation of this lease in order to provide Altura with a state-of-the-art facility from which to manage its Connecticut business and clients.
MILFORD-The Geenty Group, Realtors, in Branford, reports the lease of 4,000 sf of space at 20 Higgins Drive, in Milford. Two agents at The Geenty Group were involved in this transaction. The Landlord, D'Amato Investments, LLC, was represented by Bill Clark, Senior Vice President. Kristin Geenty, C.O.O., represented the Tenant, George N. Zychek of Chrysalis Technologies, LLC. He plans to use the space for the assembly and distribution of dental lab equipment.
NORTH BRANFORD-The Geenty Group, Realtors, in Branford reports the lease of 5,000 sf at 26 Commerce Drive, North Branford. Kevin Geenty, President, and Kristin Geenty, Vice President, represented the Landlord, Artec Machinery Corporation. The Tenant is Frank Massaro of Advantage Lawn Care, LLC, who plans to use the space as a garage for his landscaping business. Advantage Lawn Care was represented by Peter Brown, of the H. Pearce Company. Only 2,500 sf remains available to complete the lease-up of this 20,000 sf building.
Arthur J. Randolph, Director at The Geenty Group, Realtors, whose headquarters is in Branford, is pleased to announce that he is representing The Seymour A. Cohen Partnership in the sale of their 3+ acre site at 1040 State Street, New Haven. This uniquely developable parcel enjoys full visibility from I-91 north and south as well as direct access from Exit #5 of I-91. The parcel is currently improved with over 82,000 square feet of masonry buildings which have been added to the partnership's holdings over the years since 1960.
The Star Supply Company, a major distributor of heating, ventilation, and air conditioning equipment, currently occupies the property with its business. Star Supply was founded in 1953 by Mr. Seymour Cohen, who was highly regarded by his employees and numerous charities throughout Connecticut for his philanthropic activities. Star Supply's current President is his son, Lawrence Cohen, who continues his father's philanthropic activities.
Star Supply will be relocating to a new building at 100 Gando Drive, New Haven, which they recently acquired after an exhaustive search by Mr. Cohen and Mr. Randolph. 1040 State Street is offered at $3.1 million and represents a real opportunity to renovate or redevelop a relatively large parcel at the gateway to the Historical Upper State Street Retail District while being adjacent to the residential neighborhood heavily inhabited by Yale University graduate students and faculty.
BRANFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, reports the lease of a 500 square foot office unit in a multi-tenant building at 141 North Main Street, Branford. Colin Sheehan dba Musi Kids CT, Inc., is the new tenant. Musi Kids is a non-profit organization which is intended to support the nurturing of musically gifted students by providing musical instruments, private lessons, music camps, etc. to disadvantaged, low income and special needs children who reside in Branford. Joseph A. Giunta of Joseph Anthony's Salon, is the landlord for this building.
MADISON-Kristin Geenty and Kevin Geenty, SIOR, of The Geenty Group, Realtors, have completed a lease of 1,690 sf of first floor office space in the Village area of Madison at 38 Academy Street. The new Tenant is State Farm Insurance Company, Michael A. Makara, Agent, who will be renovating the space for its use and relocating to this facility, visible from Rt. 79, in October. Mr. Makara will continue to offer all lines of State Farm insurance to shoreline residents and businesses. The building, owned by 38 Academy Street, LLC, is now totally full.
MILFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, in Branford, reports the lease of 800 sf of industrial/flex space in a multi-tenant facility located at 282 Woodmont Road, Milford. The Tenant, Edward Ruocco, plans to use the space for a metal fabrication business. Bill also represented the Landlord, D'Amato Investments, LLC.
Quinnipiac Chamber of Commerce Leases Space in Wallingford
August 24, 2005
WALLINGFORD-Arthur J. Randolph, Director at The Geenty Group, Realtors, in Branford, CT, announces the long-term lease of 2,500 sf of space at 100 South Turnpike Road, Wallingford, the Oakdale Professional Park. Art represented the Landlord, Ichiban Properties, LLC. The Tenant is The Quinnipiac Chamber of Commerce, represented by Albert Scafati of Press/Cuozzo Realtors. Ms. Robin Wilson, President of The Quinnipiac Chamber, reports that they are celebrating their 90th anniversary this year. The Oakdale Professional Park, a 64,000 sf office park for business and professional offices, will serve the Quinnipiac Chamber well for years to come with its convenient location and ample parking.
Commercial Zoned Property Sold in Portland
August 22, 2005
PORTLAND-The Geenty Group, Realtors, of Branford, announces the sale of .24 acre of B-2 zoned land and the colonial house sited upon it at 142 Marlborough Street in Portland. The Seller was Patricia Gustavson, Executrix. She was represented by Co-Listors William Clark, Senior Vice President, and Arthur Randolph, Director, of The Geenty Group. Kristin Geenty represented the Buyer, Chandra Shekar. James Carey, Esq. of the Essex Law Firm represented the Seller, while George Law, Esq. of Law & Larson of Portland, represented the Buyer.
Warehouse Space Leased in North Branford
August 18, 2005
NORTH BRANFORD-The Geenty Group, Realtors, announces the lease of 2,500 sf of high ceiling, warehouse space at 26 Commerce Drive, North Branford, to Mr. Jose Calhelha, who plans to use the space for the storage and restoration of specialty antique automobiles. Kristin Geenty and Kevin Geenty, SIOR, who were the co-listing agents, also assisted the Tenant in its negotiations with the Landlord, Artec Machinery Corp. An additional 5,000 sf with truck loading facilities is available at this location within two miles of I-95.
Four-Story Townhouse Sold in New Haven
August 11, 2005
NEW HAVEN-The Geenty Group, Realtors, announces the sale of 261 & 263 Orange Street, New Haven. These two brick, four-story, townhouse-style buildings which share common walls with two other row houses were listed by The Geenty Group on behalf of Catapult Services, the Sellers. They were purchased by Christopher Mulhall, a well-known, Irish-American bon vivant and entrepreneur at a purchase price in excess of $550,000. Mr. Mulhall was represented by John Kirwan of Kirwan Real Estate in Wallingford, while Catapult Services was represented by Kevin C. Geenty, SIOR, of The Geenty Group. Mr. Mulhall is finalizing plans for a major renovation of the buildings with a possible reuse for fine dining and libations.
MILFORD-Kristin T. Geenty, Vice President at The Geenty Group, Realtors, in Branford, reports the lease of an 800 sf unit at 132 Pepes Farm Road, in Milford. Zenplex, Inc., a New York City based company, plans to use the space as a branch office for computer sales and repairs. Kristin represented the Tenant, while William N. Clark, Senior Vice President at The Geenty Group, represented the Landlord, D'Amato Investments, LLC.
NEW HAVEN-Arthur J. Randolph, Director at The Geenty Group, Realtors, in Branford, reports the sale of a 4,500 sf mixed use building at 235 Lighthouse Road, New Haven, for $255,000. The property was formerly the Lighthouse Inn Restaurant and is currently the home of Dave?s Marine Service. Art represented the Sellers, David P. Vaiuso and Ralph Nazario, Jr. The Buyer is Giuliana Maravalle who plans to completely renovate the circa 1900 building. She was represented by Robert Letskus of Classic Properties. Attorneys in this transaction were Lisa Galoti who represented the Buyer and William Raccio, Esq. of Parrett, Porto, Parese, & Colwell, P.C. who represented the Sellers.
Building Leased in East Haven
July 20, 2005
EAST HAVEN-William N. Clark, Senior Vice President at The Geenty Group, Realtors, in Branford, reports the lease of a 14,000 square foot free standing building at 167 Commerce Street in East Haven. D'Amato Investments, LLC, is the Landlord, and the Tenant is Electric Services, Inc., a supplier of special electric breakers and related products to utility companies. The Tenant will use the facility for warehousing and distribution. Bill represented both the tenant and landlord in this transaction.
Office Unit Leased in Twelve Oaks Business Park
July 13, 2005
WEST HAVEN-William N. Clark, Senior Vice President at The Geenty Group, Realtors, in Branford, reports the lease of an 896 square foot office unit at 375 Morgan Lane, West Haven, in the Twelve Oaks Business Park. Bill represented both the tenant and landlord in this transaction. The Landlord is John C. D'Amato, Jr. & The L.A.D. Trust. The Tenant is Giuseppe Morfea, Branch Manager for New England Merchants Corp., a mortgage broker with offices in Massachusetts, Connecticut, and Rhode Island.
New Lease in The Old Saybrook Business Park
July 11, 2005
OLD SAYBROOK-The Geenty Group, Realtors, has leased 2,300 square feet at 20 Research Parkway, Old Saybrook, to Heartland Publications, LLC, of Jacksonville, Florida. Heartland will be relocating its corporate offices from Jacksonville to The Old Saybrook Business Park this September. Michael Bush, President, and John Eggers, Chief Financial Officer, both of Heartland, were represented by Kristin Geenty, while the Landlord, The Old Saybrook Business Park, was represented by Kevin C. Geenty, SIOR. Heartland Publications owns and operates 25 newspapers, most of which are dailies, some of which are weeklies, throughout the southern United States. This long-term lease calls for a complete demolition of the present interior of the space and a high quality, new construction of corporate offices which will include a world-class board of directors? meeting room.
OLD SAYBROOK-Kevin C. Geenty, SIOR, President of The Geenty Group, Realtors, in Branford, reports the sub lease of 1,000 sf of high quality office space at 6 Business Park Road, Old Saybrook, in The Old Saybrook Business Park. Kevin represented the Landlord, Infiltrator Systems, Inc. The Tenant is Mr. Robert DeLisa of The DeLisa Group, a human resources consulting business. He was represented by Thomas F. DeLisa of Thomas F. DeLisa, Inc.
Commercial Lot Sold in Killingworth
June 15, 2005
KILLINGWORTH-Kevin C. Geenty, SIOR, President of The Geenty Group, Realtors, in Branford, reports the sale of a 1.4 acre commercial lot at 155 Route 81, Killingworth for $135,500. This is one of the last few commercial lots available in Killingworth. It is a level, dry, cleared lot with approvals for a 5,000 sf building. Kevin represented the Seller, Victor McGrady. Arthur J. Randolph, Director at The Geenty Group, represented the Buyer, Lighthouse Building & Construction. They plan to build a day care center on the site. The Seller was represented by Attorney Katy Armenia of Madison.
Warehouse Space Leased in Clinton
June 8, 2005
CLINTON-Arthur J. Randolph, Director at The Geenty Group, Realtors, in Branford, reports the sublease of 18,750 sf of warehouse space at 11 Heritage Park Road, Clinton. Go Fly A Kite, Inc., has sublet the space to Unilever, a multi-national manufacturer of personal care products.
Office/Retail Space Leased in North Haven
June 2, 2005
NORTH HAVEN-Arthur J. Randolph, Director at The Geenty Group, Realtors, in Branford, reports the lease of an office suite in the two-story office/retail building at 97 Washington Avenue, North Haven. 97 Washington LLC, the landlord, leased the space to CBL Path, Inc., for a local business office for their Mamaroneck, NY, based company, a bio medical testing company in the field of oncology.
Professional Office Suite Leased in New Haven
May 26, 2005
NEW HAVEN - Arthur J. Randolph, Director at The Geenty Group, Realtors, in Branford, CT, reports the lease of a 1,650 sf professional office suite at 174 Bradley Street, New Haven. Art represented the landlord, Elisa Vegliante. The tenant is Attorney David R. Sirois who is relocating his offices from Cheshire to Downtown New Haven. He was represented by Rose Scurto-Zolnik of ERA Innovative Realty.
Pharmedica Campus Sold in Killingworth
May 16, 2005
KILLINGWORTH-Kristin T. Geenty, Vice President and Chief Operating Officer at The Geenty Group, Realtors, in Branford, CT, reports that the two office buildings totaling 38,000 square feet in Killingworth, occupied by Pharmedica, Inc., have sold for $4,100,000.00. The Seller was Timmerman & Timmerman, LLC, and the Buyer was CSK Realty of Durham, CT. Kevin C. Geenty, SIOR, William N. Clark, Senior Vice President, and Kristin Geenty were the listing agents representing the Seller whose attorney was Thomas Cronan of Crosby & Cronan in Madison. The Buyer was represented by Andrea Krawiecki of Century 21 Access America in Wethersfield, and the Buyer was also represented by Attorney Edward Shelton of MacDermid, Reynolds & Glissman, P.C. of Hartford.
These two suburban Class ?A? office buildings represent the largest commercial property in the pastoral town of Killingworth.
General Electric Division Relocates to Old Saybrook
May 11, 2005
OLD SAYBROOK-Kevin C. Geenty, SIOR, President of The Geenty Group, Realtors, in Branford, CT, reports a long-term lease with options to renew of 2,550 sf of flex office/storage space, at 20 Research Parkway, Old Saybrook. This unit is one of seven units in a 20,000 sf flex building located in the Old Saybrook Business Park. Kevin represented the Landlord, Mill Meadow Development, LLC. The Tenant is G.E. Engine Services. This small General Electric division was previously located in Waterford, CT, and is now relocating to the Old Saybrook Business Park. The Tenant was represented by Daniel Barber, SIOR, of the Northeast Property Group, who has completed a large number of real estate transactions on behalf of The General Electric Company.
Better Business Bureau Leases Space in Wallingford
May 11, 2005
WALLINGFORD-Arthur J. Randolph, Director at The Geenty Group, Realtors, in Branford, reports the long-term letting of 6,150 sf in The Oakdale Professional Park, formerly the Halcyon Office Park, a four building, 64,000 sf office park, conveniently located in Wallingford at Exit 64 off the Wilbur Cross Parkway. Business and professional office suites ranging from 1,500 to 6,000 sf are available, all with ample parking. Art represented the Landlord, Matthew Melisi. Bernie Diana of Levey Miller Maretz represented the tenant.
Star Supply Expands in New Haven's Middletown Avenue Industrial Park
May 4, 2005
NEW HAVEN, May 3, 2005 - The Geenty Group, Realtors is pleased to announce the sale of 100 Gando Drive, New Haven to Olive & Water Street Associates, LLC, an affiliate of The Star Supply Company, for approximately 5.6 million dollars. Arthur J. Randolph of Fairfield, Director at The Geenty Group represented both the buyer and the seller, Normot, LLC in the transaction.
This premier property on New Haven's northern gateway, 100 Gando Drive is the largest facility in the city-developed Middletown Avenue Industrial Park, located directly on I-91 between Exit 8 and the North Haven town line. Originally built for G & O Industries in 1980, the 160,000 square foot light industrial facility sits on 11 acres. G & O, now known as TransPro, Inc., (AMEX: TPR) occupies 60,000 square feet of the building with headquarter offices, research and development, and manufacturing. TransPro is a leading manufacturer and distributor of Aftermarket and Original Equipment Manufacturer (OEM) heat transfer and temperature control products for automotive, truck and industrial applications. Transpro will remain a tenant.
The Star Supply Company of 1040 State Street, New Haven is expanding its successful heating, ventilation and air conditioning supply business into the balance of the Gando Drive location upon completion of renovations. "We have been searching for a while for the right facility to grow our business and better serve our customers," states Star Supply President, Larry Cohen. "Our goal was to remain headquartered in New Haven as we have throughout our 50+ year history. We like the City's leadership and direction; it has always been a productive locale for our business. We toured over a dozen and a half sites throughout the New Haven area before the right facility, 100 Gando Drive, became available."
Randolph, who worked closely with Cohen in the site search, reiterated, "New Haven works well for Star Supply." Randolph added, "This superb facility, with high ceilings, ample parking and loading, plus quick access to the region will allow Star Supply to grow efficiently. Located right on I-91 three miles from the junction of I-95, 100 Gando Drive will meet Star Supply's needs serving their Connecticut & Western Massachusetts customer base for years to come."
"The retention of Star Supply in our city is another example of the New Haven's successful business climate" so states New Haven Mayor John DeStefano, Jr., adding that "Star Supply's move opens up a key parcel for potential redevelopment, expanding Upper State Street's renaissance."
Attorney Mario J. Zangari of Zangari & Hershman represented the buyer; Attorney Joseph C. Lee of Tyler, Cooper & Alcorn, LLP represented Normot, LLC. BankNorth of Connecticut and the Connecticut Community Investment Corp. provided the financing in the transaction.
Specializing in marketing of business and investment properties, Branford, Connecticut-based Geenty Group's team of award-winning professionals serve the marketplace in corporate representation and analysis, tenant and owner representation and all aspects of commercial real estate consulting. The Geenty Group is on the web at www.geentygroup.com.
BRANFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, reports the lease of 650 square feet of space at 11 Sycamore Way in Branford. The landlord is Gray Eagle Corporation. The tenants are Stephen Cain and Robert Denhardt of S&S Home Improvement. They will use the space for storage of building products for their home remodeling business.
BRANFORD-William N. Clark, Senior Vice President at The Geenty Group, Realtors, in Branford, reports the lease of space at 53 East Industrial Road, Branford. Bill represented both the landlord, PADULA, LLC, and the tenant, Peter Anton. Mr. Anton will be expanding his art studio this summer when he relocates to this new space. He specializes in mixed media sculpture and has exhibited his work across the United States. His unique sculptures feature a food theme and can be viewed at his web site, www.peteranton.com.
|
