News › August 2016 Transactions
Wednesday, August 3, 2016
HAMDEN, CT: Virginia Shea has leased 3,600 SF of commercial space at 21 Pershing Street in Hamden for an Athletic Training Facility and Simulated Golf. The tenant signed a one year lease with a value of $20,000. The landlord is Elm City Management and The Proto Group was the sole broker in the transaction.
WALLINGFORD, CT: Quality Subaru leased an adjacent parcel and building on Route 5 in Wallingford. The 3,400 SF former restaurant building with parking will be used for car storage. The 3 year lease has a value of $106,200. The Proto Group was the sole broker on behalf of Fulton Forbes, Inc., the landlord.
DERBY, CT: Pet Valu Inc. has leased 3,200 SF of retail space in the Aldi anchored shopping center on Pershing Drive in Derby, CT. The 10 year lease was valued in excess of $675,000. RHYS Commercial represented Pet Valu Inc. and The Proto Group represented the landlord, Pershing Partners, LLC.
DERBY, CT: 76 Pershing Drive LLC d/b/a Popeye's Louisiana Kitchen has signed a long term ground lease to build a new restaurant at the Aldi's Food anchored shopping center. The 20 year lease is valued at $1,508,000. The Proto Group LLC represented the landlord and Charlotte Goldblatt represented the tenant, Rahman Hashimi.
DERBY, CT: CTS Wireless d/b/a AT&T Product Center has leased 1,765 SF in the Aldi anchored center on Pershing Drive in Derby, CT. The 5 year lease is valued at $195,000. The tenant was represented by RHYS Commercial in Stamford and The Proto Group represented the landlord.
WALLINGFORD, CT: Shimmer, a new salon leased 1,100 SF of retail space at 775 North Colony Road in Wallingford. The tenant signed a 5 year lease with options, the value was in excess of $75,000. D'Angelo's Real estate is the landlord and the Proto Group, LLC was the sole broker in the transaction.
OLD SAYBROOK, CT: John Cafasso of Colliers International's Hartford Office represented SBS Properties LLC of Madison in its sale of 599 Middlesex Turnpike in Old Saybrook, CT to 599 Middlesex, LLC. The purchase price was $1,085,000. The building will be converted to medical use and The Proto Group LLC represented the buyers.
NEW HAVEN, CT: Kate's Klips has signed a five year lease for 1,539 square feet at Amity Plaza Shopping Center, 172 Amity Road, New Haven. Kate's Klips will operate Great Clips in the location. Dan Charest of Acre Group represented the landlord Wellmakara LLC. The Proto Group represented Katie's Klips.
SHELTON, CT: Great Clips Inc has signed a ten-year lease for 1,320 square feet to open a salon at the newly constructed Crab Apple Marketplace at 405 Bridgeport Avenue, Shelton. The 132,000 SF center is anchored by Big Y and is expected to be open about October 1, 2016. The landlord 714 LLC was represented by Deborah Foehr and Roberta Sullivan of Star Commercial Real Estate. Great Clips was represented by its Exclusive Agent for the territory, The Proto Group.