Archway Plaza Sold to Investment Group

 

Dom Giglio is pleased to announce that he has recently sold the Archway Plaza, 515 Wolcott St. in Waterbury.

The property is comprised of two buildings and the tenants include, CT Renaissance, Academy of Medical Training, Waterbury Veterinary, New England Home Care, and Tobacco Shop.

They buyer was CKS Realty and the Seller was Casa Real Estate. The sales price was $1,465,000.00 and Dom Giglio represented both the seller and buyer in this transaction.

Giglio Commercial Arranges Sale of 12,000 S/F Industrial Building

Dom Giglio has completed the sale of a 12,000 S/F freestanding industrial building located at 36 East Lawton Street in Torrington, CT.

Giglio represented the Seller, Nikora Enterprises Inc. and the Buyer, Tryangle Capital Management LLC which owns Tri-Rotor Pumps, which has been manufacturing positive displacement rotary pumps for over 85 years. Their customer base includes Blue Chip and Fortune 500 companies as well as successful medium to small businesses.

GIGLIO COMMERCIAL REAL ESTATE COMPLETES 14,000 S/F LEASE FOR EASTERSEALS

Dom Giglio of Giglio Commercial Real Estate is pleased to announce that he has successfully negotiated a long-term lease for Easterseals Employment and Community Services at 320 Sylvan Lake Road in Watertown. The 14,000 square foot industrial space was built-out as office space for the tenant. Easterseals looked for a location with Giglio and chose the Watertown location.

For over 60 years, Easterseals has been the indispensable resource for people and families facing disability.  They believe that anyone facing a disability can reach their potential and their diverse programs and services support this belief.  Throughout the Greater Waterbury, Central and Northwest CT communities, they strive to provide a broad network of services including school readiness education, early intervention, rehabilitation services, behavioral therapy services, vocational services, and audiology services. These services assist children, adults, and their families to live, learn, work and play as integral members of the community.  Easterseals is changing the way the world defines and views disabilities by making profound, positive differences in people’s lives every day. 

Employment and Community Services is committed to providing high quality habilitative and rehabilitative services to individuals in a program setting.  Their person-centered programs seek to provide community based training, day services, and employment options to meet the needs of adults with intellectual, developmental, and/or physical disabilities and to help them reach their individual goals.

To find out more about Easterseals, please visit www.easterseals.com/waterburyct

Dom Giglio of Giglio Commercial Real Estate represented the tenant and Dave Theroux of Drubner Realty represented the landlord.

For more information, please call:

Kristie Balisciano
Easterseals of Greater Waterbury
(203) 754-5141 Ext. 253

Giglio Commercial Real Estate is pleased to announce that Dom Giglio has negotiated a long term lease at 527 Wolcott Street, which is a 3,200 square-foot freestanding building. The office building will be occupied by CT Renaissance and is expected to be open by November of this year.

Connecticut Renaissance is one of the oldest non-profit drug treatment agencies in the state. In addition to providing substance abuse services, Renaissance also provides psychiatric and co-occurring treatment services, mental health services, life skills training, self-help group meetings, and health and educational seminars. They have several locations throughout the state. Dom Giglio represented both the Landlord and the Tenant in this transaction.

VIANA BROTHERS TO OPEN MIXED MARTIAL ARTS TRAINING CENTER IN WATERBURY

Dom Giglio of Giglio Commercial Real Estate is pleased to announce that he and Broker Tom Jacovino have completed a long-term lease at 67b Freight Street to Rafael, Guilherme, and Anjori Viana.

They have leased 4,000 SF and plan on opening a Brazilian Jiu-Jitsu and Mixed Martial Arts training center. They will have public and private BJJ, MMA, boxing, and kickboxing classes for adults and children of all ages.

The coaches, brothers Rafael and Guilherme Viana, are both Brazilian jiu-jitsu black belts, and current world-class professional MMA fighters. Rafael is a former contender for the RFA belt and the former Shotoo Brazil light heavyweight champion. Guilherme has participated in The Ultimate Fighter Brazil and has competed in Bellator. For more information, contact business manager Anjori Viana at vianabrosmma@gmail.com or text (203) 305-9651.

Giglio Commercial Real Estate represented both the Landlord, and the Tenant, in this transaction.

AVERUS LEASES 3,800 SQUARE FEET IN TORRINGTON, CT

Dom Giglio of Giglio Commercial Real Estate is pleased to announce that he and Ray Funk of Giglio Commercial Real Estate completed a long term lease with Averus, a nationwide fire protection service company.

Averus is available 24 hours a day, 7 days a week. They are experts in fire suppression systems, and are leaders in the fire protection industry for over 25 years.

The company has entered into a lease at 79 Putter Lane in Torrington, and will occupy 3,800 square feet.

Dom Giglio represented the landlord, Three R Developers, and Ray Funk represented the tenant, Averus. “This lease now puts Putter Lane property at 100% occupancy,” said Giglio.

MIDDLE STREET PLAZA IN BRISTOL SELLS FOR $1,580,000

Dom Giglio is pleased to announce that he has successfully completed the sale of this neighborhood plaza.

The 23,000 SF plaza includes a mix of tenants, and has enjoyed a fully leased property for a number of years.

“This property sold quickly,” said Giglio, “It was very attractive to a number of buyers because of the stability of the long term tenants, along with the high income stream that the property generated.”

Dom Giglio was the sole broker in the transaction and represented the seller of the property, 294-300 Middle Street LLC, and the buyer, SJ Brothers LLC.

GIGLIO COMMERCIAL REAL ESTATE LEASES 3,000 SF AT 625 PLAZA WOLCOTT ST IN WATERBUY

Ray Funk of Giglio Commercial Real Estate has successfully leased 3,000 SF of retail space to Jayme and Janet Cubas at 625 Plaza here in Waterbury.

The husband and wife team will open a furniture store at this location. They chose the plaza because of its high visibility along with the variety of other retailers in the area that have been successful on attracting consumers.

Dom Giglio represented the Landlord. Giglio Commercial Real Estate was also responsible in leasing the space for their first store on Bank Street four years ago. “It’s very gratifying to have past customers and clients that call you years later and ask you to help them find another location” said Giglio.

Select Medical Leases Space at 415 Wolcott Road in Wolcott

According to Tom Jacovino of Giglio Commercial Real Estate, Select Medical has signed a long term lease at the plaza.

Select Medical Therapy will offer a wide range of general physical therapy services such as: hand therapy, sports medicine, and work injury prevention and management.

Select Medical is a national company with locations throughout the United States. The company is listed on NASDAQ.

Tom Jacovino of Giglio Commercial Real Estate represented both the Landlord, COR Realty, and the Tenant, Select Medical, with assistance from Select’s in house real estate department Scott Siegfeldt of Jackson Cross Partners. A spring opening is planned.

STATE PAINT PLAZA SOLD TO ASIAN INVESTMENT GROUP

Dom Giglio of Giglio Commercial Real Estate is pleased to announce that Ray Funk, sales associate of Giglio Commercial Real Estate, has successfully completed the sale of 1000 Meriden Road in Waterbury, “State Paint Plaza”.

The property consisted of 16,000 SF of leasable retail space on .75 acres.

The buyer was Lin Et Al. an Asian investment group from China that Funk has been working with for the past few months. The group focuses primarily on retail plaza’s and intends to retain Giglio Commercial Real Estate to handle the remaining leasing of the plaza.

Mr. Funk was the sole broker in this transaction, representing the buyer and the seller who was the Estate of Philip Kampner.

Quick Sale of 2nd Former Jiffy Lube Property!

Giglio Commercial Real Estate is pleased to announce the Sale of Property located at 327 West Main Street Meriden, Ct.

The 2,000 sq/ft building is owned by Steve Spinelli and Richard Heritage.  The Site was a former Jiffy Lube Site and will occupy the new owner Sothear Chuong who will be opening his fourth CT Discount Muffle and Brake Shop.

Jim McCall of Giglio Commercial Real Estate represented the owner and Brooke Nihan of Giglio Commercial Real Estate represented the buyer.  McCall stated the commercial real estate activity and requests for Meriden have picked up significantly.  In fact, McCall is negotiating with more prospects for a Retail property his fim is marketing in another section of town.

For more information, please call:

James McCall

Giglio Commercial Real Estate

(203) 755-0030

Jmccall@gigliocre.com

Former Jiffy Lube Property Sold!

Newington:

Giglio Commercial Real Estate is pleased to announce the Sale of Property located at 142 Kelsey Street Newinton, Ct.

The 1,200sqft building is owned by Steve Spinelli and Richard Heritage.  The site was a former Jiffy Lube Site and will occupy the new owner R.P. Landscaping LLC.

Jim McCall of Giglio Commercial Real Estate represented the owners and Brooke Nihan of Giglio Commercial Real Estate represented the buyer.  Nihan stated there were many prospects interested in the site and is looking for like kind buildings in Newinton area to fulfill her list of other buyers.

NEW YORK BUYER PURCHASES 467 ALLEN STREET APARTMENTS IN NEW BRITAIN

Giglio Commercial Real Estate is pleased to announce that they have recently sold 467 Allen Street in New Britain, CT for $740,000.

The Allen Street apartment’s property is a 5 story building with 18 units all 2 bedrooms

New York based KRP Properties was the buyer. Carmine Paladino and James McCall of Giglio Commercial Real Estate represented both the Seller and the Buyer in this transaction.

Nihan of Giglio Commercial Real Estate Sells Penske Building for $1.1 Million

Giglio Commercial Real Estate is pleased to announce that Brooke Nihan has successfully completed the sale of the property located at 108 Captain Neville Drive in Waterbury. The 17,500 square foot property sold for $1,100,000 to Brittany Properties, the Buyer, from Third Generation Realty II, the Seller.

The property has Penske Truck Leasing Co as a tenant with Pete’s Tire Barns Inc and CBS Billboards.

Nihan was able to attract the investor because of the credit worthy tenants, long term leases, and the quality of the property and its prime location.

Ace Cosmetology Opens for Business

    Congratulations to Gary Olmstead on the opening of his Ace Cosmetology/Barber Training Center at 625 Wolcott Street. Director of Economic Development Joseph McG…rath attended a ribbon cutting today along with members of the Waterbury Regional Chamber. Also present were Dom Giglio and Ray Funk of Giglio Commercial Real Estate who helped broker the deal. Mr. Olmstead also has a hair salon attached to his training center. Best of luck!!!

Ace Cosmetology Is Relocating To Waterbury

Barber School To Occupy 3,000 SF Space

Giglio Commercial Real Estate is pleased to announce the completion of a retail lease at 625 Plaza, Wolcott Street in Waterbury. Ray Funk of Giglio Commercial Real Estate represented the tenant, Gary Olmsted, owner of Ace Cosmetology of Wolcott, and Dom Giglio represented the landlord.

Mr. Olmsted has entered into a 5 year lease and will be occupying 3,000 S/F for his business, “Ace Cosmetology”, which is relocating from Wolcott.  The business opened in 2008, and is an accredited school which offers cosmetology and barbering courses where students can acquire the 1500 hours of clinical and practical work that the State requires. The school will be opened for day classes as well as offering student’s part or full time night classes. Ace Cosmetology is also open to the public for services such as colors, perms, highlights, lowlights, and any type of haircut, for half off salon prices. All work is supervised by a licensed instructor.

In addition to the school, Mr. Olmsted will be also relocating his barber shop “Ace of Fades” to the same location.

Mall Tenant Moves to Downtown Waterbury

One Touch Repair To Open In Downtown Waterbury


Giglio Commercial Real Estate is pleased to announce that Carmine Paladino has negotiated a long-term lease at 99 Bank Street in Downtown Waterbury to One Touch Repair.

One Touch Repair is not only an electronics repair shop that services the public’s needs, but also has contracts with large companies.

The shop also sells accessories and reconditioned electronics as well as offering cell phone service plans and offers same day service for most repairs. It is also Apple certified.  One Touch Repair prides itself on its expertise and service in repairing electronics.  The company’s slogan is, “You break it, we fix it.”

Eddie Fernandez, Owner of One Touch Repair, has decided to move from the Brass Mill Mall to the Central Business District.  He has stated that he wants to be more connected to the heart of the City and its citizens.

Carmine Paladino of Giglio Commercial Real Estate represented both the Landlord and the Tenant in this transaction.

McCall Sells Industrial Facility

SALE 1643 THOMASTON AVENUE, WATERBURY, CT

Giglio Commercial Real Estate is pleased to announce that James McCall has successfully brokered the sale of 1643 Thomaston Avenue in Waterbury, CT.

1643 Thomaston Avenue is a 24,000 sq. ft. 2-story industrial building located in Waterbury’s Enterprise Zone on the Route 8 Corridor.

The Buyer, Jason Wu, is the Owner of HomeCo International, Inc., a Rhode Island based company.  They have decided to move their distribution center to the crossroads of Route 8 and I-84 in Waterbury, CT.

McCall said, “The location is ideally suited for its easy access to major highways in Connecticut.  HomeCo will occupy 12,000 sq. ft. of the building for their use and Giglio Commercial Real

Estate will be assisting the Owner in leasing out the remaining 12,000 sq. ft.”

From “The Commercial Record” New Energy Co In New Britain

Biogas Energy Solutions LLC has signed a lease for office space in New Britain.

The company has leased 2,900 square feet at One Grove Place.

Domenic Giglio of Giglio Commercial Real Estate LLC represented the owner of the building, 4702 Second Avenue Corp. Tony Valenti of the R. Calabrese Agency LLC represented Biogas Energy Solutions in the transactions.

Eblens To Open A 2nd Location In Waterbury, CT


Dom Giglio of Giglio Commercial Real Estate has completed a long term lease for The Housing Authority of The City of Waterbury to EbLens Clothing and Footware Store at 2 Lakewood Road in Waterbury.

EbLens has agreed to lease the 7,000 square feet, which formally was occupied by Blockbuster Video.

This will be a second location for EbLens who have transformed the space into a modern looking retail site.

EbLens sells the best in name brand urban clothing and footwear for the entire family, not to mention that the company has grown to become New England’s largest independently owned urban retailer.

Dom Giglio represented both the Landlord and Tenant in this transaction.

For further information contact Dom Giglio at 203-755-0030.