News › March 2013 Transactions

Wednesday, March 6, 2013

HAMDEN, CT:  The Proto Group represented Acquisition Holdings LLC at the online auction for 1717 Dixwell Avenue. The seller was represented by Ken Ginsberg of NAI Elite.  The purchase price was $720,000 for 2.44 acres of land.  The lawyers for the transaction were Paul Proto, Esq. for the buyer and Gordon Demetre for the seller.

WATERBURY, CT:  American Sign of New Haven has leased a 1,423 sf storefront in the CVS/Aldi anchored plaza to open a new retail store in Waterbury.  American Sign is a full service sign company which creates graphic design and production of display signs.  The Proto Group was the sole broker in the transaction.

ROCKY HILL, CT:  NIC Systems has expanded into the adjacent 5,000 sf at 51 Belamose Avenue in Rocky Hill.  The expansion is for five additional years.

NEW HAVEN, CT:  The Consulado de Equador renewed its five-year option to remain at One Church Street, New Haven.

OLD SAYBROOK, CT:  Cosmo Prof will open a 2,000 sf store at 907 Boston Post Road, Old Saybrook.  The store is open only to licensed cosmetologists.  They signed a five-year lease with a five-year option.  The Proto Group represented the Tenant and the landlord was represented by Rob Goldfeder of Basser-Kaufman.

NEW HAVEN, CT:  Austro Financial of New York extended its lease at 1 Church Street, New Haven for an additional five years to coincide with Consulado del Equador's renewal.  The Proto Group represented the Landlord, One Church Street Associates, LP.