Getty Realty Corp. acquires retail property in Waterbury for auto repair development
1 report, 1 independent
Updated Sep 23
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What happened
Getty Realty Corp. acquired a 3.7-acre property in Waterbury for $2.35 million. The site was sold by a limited liability company headed by former Mayor Joseph Santopietro. Waterbury officials anticipate the property will host a new auto collision repair shop, following the city's approval of a special permit for a vehicle services facility.
From hartfordbusiness.com
Why it matters
Getty Realty Corp. is a publicly traded real estate investment trust that specializes in single-tenant retail properties. The acquisition adds to the company's portfolio. Waterbury officials noted that the new building will contribute to the city's tax rolls.
From hartfordbusiness.com
Who's involved
- gettyA publicly traded real estate investment trust that acquired the property.
- WaterburyThe city where the property is located and where the development is anticipated.
- Joseph McGrathWaterbury Economic Development Director who welcomed the new business.