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Package of 6 Smithland Supply stores fetch $10.5M

Andrew Larson, Hartford Business Journal

A Southport-based investment trust, Trio Fund I CT Portfolio, has purchased a package of six former Agway stores for $10.5 million.

The pet and garden retail stores, which operate under the name Smithland Supply, are in Manchester, Southington, Bethel, North Haven, Middlefield and North Branford.

The previous owners decided to sell the business over the last two years. The sellers — Retail Property One LLC, Retail Property Two LLC, Retail Property Three LLC and Retail Property Four LLC — are controlled by John and Terry Bergantino of Guilford.

The sale was announced by New England Retail Properties Inc. in Wethersfield, which brokered the transaction. Matt Halprin, president and COO of the company, represented the sellers.

LINK TO ARTICLE

LEASED! 2,666 SF free standing building just off the Berlin Turnpike! Ideal for retail, medical or restaurant use. Property surrounded by major retailers such as Target, Lowe’s, Walmart, Chick-fil-a, Staples, Panera Bread many more.

Pittsfield, MA Matt Halprin of New England Retail Properties, Inc. represented Philips International in leasing the former Big Lots space located at Allendale Shopping Center to Goodwill Retail Store & Donation Center. Goodwill moved from their previous location on Dalton Ave. next to Jo-Ann Fabrics.

The new retail space consists of 9,500 s/f which is much larger than Goodwill’s previous location of only 2,000 s/f. There is also an additional 9,500 s/f for processing donations, and 4,000 s/f of space in the basement. This gives the retail store and donation center a total of 23,000 s/f.

Goodwill held their grand re-opening event Saturday, July 23rd which included a ribbon-cutting ceremony, a remote prodcast from Live 95.9 (WBEC-FM), a food truck from Smokey Divas barbecue, a step dance performance by Youth Alive, and prize give aways for attending shoppers.

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  • April 22, 2022
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  • Comments Off on Monroe, CT – 447 Monroe Turnpike (Route 111)
Now leasing 2,075 SF & 1,938 SF end cap spaces on the Monroe Turnpike (Route 111). This space is ideal for retail, medical or restaurant use. Great corner location with excellent visibility from the Monroe Turnpike. Join Linda's Story Time, Card Smart, Monroe Cleaners, Subway and FM One Stop in this shopping center.
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