
899 Boston Post Road, Old Saybrook
Elizabeth Meyer-Gadon of Londregan Commercial Real Estate Group represented the seller, 3127 Berlin Turnpike Assoc., in the sale of 899 Boston Post Road in Old Saybrook. The buyer, Ritz Camera Centers, was represented by John Elias of John I. Elias Realty.
The former Old Saybrook Furniture Outlet has undergone an extensive renovation in its conversion into a Boater’s World Marine Center (a subsidiary of Ritz Camera Centers). Boater’s World, which currently has over 100 stores nationwide, sells boating supplies and equipment. The 12,888-square-foot building in Old Saybrook is located across the street from Staples on Boston Post Road (Route One) and is within the Ocean State Job Lot Plaza.
Londregan Commercial Real Estate Group is a full-service brokerage firm located in Old Saybrook. While specializing in the retail and fast-food site selection niches, Londregan Commercial is highly sought after for its marketing and closing abilities in all areas of commercial real estate. Retail and restaurant land sites, investment properties of all types, hotel and motel sites also have been an integral part of the firm’s activity.
GIII Leases Space
Kevin Weirsman of West Haven-based Colonial Properties has leased 16,000 square feet of commercial showroom and warehouse space at 420 Frontage Road, a 64,000-square-foot light industrial building.
Weirsman represented the owner of the property, 420 Frontage Road LLC, which recently purchased the property as an investment for $4.38 million. The tenant, GIII Apparel Group, has leased the space for its Sports Licensing Division to manufacture, warehouse and distribute professional sports-related clothing and accessories. GIII was represented in the transaction by Robert Cole of Arnold Peck’s Commercial World.
Colonial Properties is a full-service commercial real estate brokerage firm handling all types of commercial and investment real estate transactions including the sale and leasing of retail, industrial, office and investment properties, as well as land brokering and business sales. Weirsman concentrates on the sales and leasing of retail and commercial investment properties.
Smith Joins Coldwell Banker
Martin Smith has joined Coldwell Banker Commercial Scalzo-Tom Hill Group as an account executive.
A Middlebury resident, Smith was the founder and president of Mission Valley Foods, a manufacturer of epicurean gourmet condiments, and holds both the Certified Executive Chef and Certified Food Executive designations. He also served as executive chef for the Radisson Hotel and Conference Center in Southbury and has a strong background in restaurant management.
“Martin’s background in sales and marketing will be an asset to our commercial real estate team and will bring tremendous value to our company,” said Paul Scalzo, president of Scalzo Group Real Estate Services.
Geenty Brokers Two Sales
Branford-based The Geenty Group, Realtors, has brokered the sale of two commercial lots for sellers John A. Sakon and James N. Sakonchick. Both lots were purchased by J.J.D. LLC of Milford.
The first property, located at 670 West Main St. in Meriden, consists of one acre and sold for $250,000. The second, 71 West Main St. in Branford, consists of 1.1 acres and sold for $350,000.
Kevin C. Geenty 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.