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Commercial Realtor Tom Hill, III, Secured Closing on Two Naugatuck, Connecticut Businesses
Waterbury, Connecticut-based commercial realtor Tom Hill, III, CIM/SIOR, announced that he closed on the sale of a car dealership in Naugatuck, leased a dealership in Watertown, and sold a building in Naugatuck to a manufacturing firm.
‘business and radio personality’
With more than 30 years in the commercial and industrial real estate field, Tom Hill Realty & Investment, LLC in Waterbury, Connecticut provides brokerage and advisory services to businesses and industries throughout New Haven, Fairfield, Litchfield, and Hartford Counties.
“Sadly GM, Chrysler and Ford have all closed many dealerships across the country,” Hill commented. “It’s quite a coup to be able to sell the former Bob's Dodge on Route 63 in Naugatuck. The buyer is the highly-respected J & M Automotive also on Route 63 in Naugatuck. They purchased the dealership property to accommodate their expanding used car inventory plus build a sizable service department and administrative offices.”
Formerly a successful car dealer, in recent years Hill has acquired extensive experience in working with vacated automotive dealerships and the automotive industry at large. “While some auto dealers are moving in to these spaces, there’s been a good deal of creative alternate uses for the buildings including health clubs and dance studios moving into the spaces.”
A second recent success was the leasing the former Courtney Dodge in Hill’s marketplace of Watertown to Shaker Family Ford Lincoln. Their ambition is to temporarily house their Ford store on the site while they build a new $5M store on Watertown’s automobile row on Straits Turnpike.”
In Waterbury’s Colonial Avenue section near Oakville, Hill recently took on the anticipated lease/sale of excess property, formerly a credit union operation, for a local area grocery store, Jascarli Mini Market. The market serves a need in the neighborhood of over 1,000 apartment tenants for groceries and perishables. Hill completed the complicated transaction involving permitting of the 2,000 square foot market plus extending the lease into a sales transaction. Presently Hill is working on the sale of the building to the tenant plus selling the excess land that surrounds the market.
In 2011, Tom Hill has earned two prestigious designations in the commercial realty industry: The prestigious CCIM designation from the Commercial Investment Real Estate Institute (www.ccim.com)
“These dual designations are extremely rare to accomplish,”
A highly-active, accomplished entrepreneur in Connecticut, Tom Hill is:
-Owner of Tom Hill Realty & Investment, LLC, in Waterbury, CT.
-Host of the "Tom Hill Show" on Waterbury's WATR 1320-AM every Saturday following 15 years hosting a regular Friday morning show on WATR and subbing regularly for other on-air personalities at WATR-Radio.
-Interviewee and co-host 105 times on former Connecticut Governor John Rowland’s and pastor Will Marrotti “State & Church” broadcast on WTIC 1080 AM where Hill has been labeled “Real Estate Guru to the Stars”.
-A member of the Commercial Brokers Association of Greater Danbury (CBA), The Waterbury Regional Chamber, and one of the original founders of the NYC CCIM Chapter, the New Haven Commercial Investment Division, and other significant business groups.
-Former Interim Economic Development Director for the City of Torrington.
-Guest announcer at Lime Rock Park / speaker and contributor to Wind Tunnel on Speed Extra.
-MC of numerous charitable events throughout Connecticut, New York and Massachusetts.
-The Voice of Griskus (http://patgriskustri.com/
For more information, visit www.Tomhill.com or contact him directly at 203-206-8631.
Page Updated Last on: Jun 21, 2012