Hugh J Kelly - Commercial Real Estate Showcase

Hugh J Kelly Property Listings
Managing Principal
SRS Real Estate Partners
366 Madison Ave
Suite 5
New York, NY 10017-3122
(212) 710-5252
(212) 710-5251


Hugh Kelly
Managing Principal
Hugh J. Kelly opened the NYC office of SRS Real Estate Partners in 1996 and is the Managing Principal of the company’s Northeast... More
Hugh Kelly
Managing Principal
Hugh J. Kelly opened the NYC office of SRS Real Estate Partners in 1996 and is the Managing Principal of the company’s Northeast Region. He has significant record of achievement in providing comprehensive real estate and consulting services to users and owners of retail real estate.

Years Experience: 27

Experience
Hugh has advised some of the top countries top retailers with their real estate strategies in the Northeast, including Barnes & Noble, Walmart, Toys R Us, Staples and many others. In addition to tenant representation, he has significant experience in retail development, property disposition, portfolio management, bankruptcy sales and shopping center acquisition.

In addition to his real estate background, Hugh spent six years as a Managing Director of mergers and acquisitions at a private merchant banking firm based in Stamford, CT. In this capacity, Hugh was responsible for his clients’ capital market activities, as well as a substantial number of acquisitions in North America and Europe.

Awards
• Greendeal Award - Top NYC Retail Deal 2007
• Staubach MVP - Top Retail Broker 2007 to 2010
• Staubach Million Dollar Producer - 2007 & 2008
• SRS Top Producer - 1996 to 2010

Partial Client List
• Barnes & Noble - Tenant Representation
• Urstadt Biddle - Landlord Representation
• Staples - Tenant Representation
• Stop & Shop - Tenant Representation
• Walgreen’s Co - Tenant Representation
• Whole Foods Market - Tenant Representation
• BJ’s Wholesale Club - Tenant Representation

Education
• Bowdoin College - Bachelor of Arts, Economics
• Babson College - MBA, Finance & Accounting

Community/Personal Information
Hugh is licensed real estate broker and is a member of the International Council of Shopping Centers, and the Real Estate Board of New York. Hugh is active in several community and scholastic groups in Norwalk, CT. Less 
DetailMap
425 - 475 Bank Street - Waterbury Crossing

Waterbury, CT 06708-3501 - Waterbury Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:1998
Building Size:69,100 SF Land Area:2 AC (87,120 SF)
% Leased:
For Sale Price:Condo (see detail) Price/SF:For Sale
Cap Rate:-
Smallest Space:43,160 SF Largest Space:43,160 SF Total Space Avail:69,100 SF Rent/SF/Yr:
$14.00
Condos:This property has 1 condo for sale. The size of the for sale condo is 43,160 SF. Parking:Free Surface spaces are available; Ratio of 4.13/1,000 SF Anchor Tenants:Banfield Pet Hospital, PetsMart, Inc
Features:Bus Line, Dedicated Turn Lane, Freeway Visibility, Pylon Sign, Signage, Signalized Intersection


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
43,160 SF
$14.00/SF/Yr
Vacant
10 yrs
Retail
 
10556863
Marketing Flyer Marketing Flyer  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
43,160 SF
$14.00/SF/Yr
Vacant
10 yrs
Retail
Condos For Sale:
Floor
Suite
Unit SF
Price
Space Use
  1st
1
43,160 SF
Not Quoted
Retail
 
3034709
Marketing Flyer Marketing Flyer  


Floor
Suite
Unit SF
Price
Space Use
1st
1
43,160 SF
Not Quoted
Retail
May 2004: 425-475 Bank Street in Waterbury, CT, better known as Waterbury Plaza, has been sold to Sidney Weiner, a Westport-based investor. Coldwell Banker Commercial-Scalzo Group represented the buyer. The Staubach Company represented the seller, Starwood Ceruzzi.

Sale Notes:
• 43,160 SF (former Sports Authority) masonry building for sale
• $7.77 MM assumable debt
• Loan Maturity in 2024
• Parking Ratio: 4.13/1,000 SF
• Shadow-anchored by The Home Depot
• Join top-performing PetSmart and Home Depot at the intersection
of Highway 84 and Route 8
• The Home Depot is corporately-owned and is the only home
improvement superstore in the Waterbury market


SRS Real Estate Partners
Hugh J Kelly
(212) 710-5252


SRS Real Estate Partners
Hugh J Kelly
(212) 710-5252

John Pell
(212) 710-5257


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