Timothy Londregan of Londregan Commercial Real Estate Group represented the landlord in the recent leasing of the brand-new building located at 413 Colman St. in New London. Mark Brockwell of MJB Realty represented the tenant, Nextel Communications.
The newest Nextel store is situated on one of the busiest roads in the city of New London. The new store is on the corner of Colman Street and Cedar Grove Avenue at a traffic-lighted intersection. The Nextel Store is directly opposite McDonald’s on one corner and Burger King on another. Taco Bell, Wendy’s, Subway, Tim Horton’s and a proposed Dunkin’ Donuts are all in very close proximity to the new Nextel store. The Colman Street area is also home to over a dozen new automobile dealerships.
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, the company is known for its marketing and closing abilities in all areas of commercial real estate. Retail and restaurant land sites, investment properties of all types, and hotel and motel sites also have been an integral part of the firm’s activity.
Orange Deals Inked
John Isaacs, vice president, and John F. Bergin, senior vice president, of George J. Smith & Son Commercial & Investment Real Estate in Milford recently leased spaces at 477 Boston Post Road in Orange.
Isaacs and Bergin represent the property owner, New York-based Calala Properties, in the deals. Calala purchased the building in early 2005 with a short-term leaseback to the prior owner. The owner of Calala recognized the opportunity to divide the building into five spaces for multiple tenants, with two of the spaces being designated for retail and three for office purposes.
Bergin represented State Farm Insurance of Ballston Spa, N.Y., which has already moved into a 2,600-square-foot office suite that will be used as an adjuster’s office for the corporation. Isaacs represented Maxcom, which will lease 4,100 square feet of office space with Boston Post Road visibility for a real estate sales office. Robert Virgulak of DVB in Norwalk represented Snappy Auctions in the leasing of 2,000 square feet of retail space on the main level. Snappy Auction provides customers the service of listing and selling their items on eBay. The building’s new facade will be completed by mid-spring 2006. A 20,000-square-foot retail space and 2,000 square feet of office space are still available for new tenants.
Isaacs is currently chairman of the Commercial Investment Division of the Greater New Haven Association of Realtors and a member of the Connecticut Association of Realtors and National Association of Realtors. He is a candidate for the Certified Commercial Investment Member designation.
Bergin has been a commercial agent for the past 20 years and is a Commercial Investment Division member of the New Haven Association of Realtors, Connecticut Association of Realtors and National Association of Realtors. He also serves as a board member of Devon Rotary and as president of Literacy Center of Milford.
George J. Smith & Son Commercial & Investment Real Estate is Milford’s oldest real estate firm and a recognized leader in commercial, industrial and investment real estate sales and leases throughout Connecticut. Founded in 1886 by the current owner’s grandfather, the firm strives to offer personal, friendly service combined with the latest analytical skills and technology.