Meriden, CT – June 7, 2015 – Jon Angel, President Angel Commercial LLC, a Southport-based commercial real estate brokerage firm, announces the sale of 26,635 SF retail and commercial property located at 1187 E Main Street, Meriden, CT to J & J Meriden LLC for $1.2mm.
J.D. Byrider Used Cars dealership, will open their second Connecticut location at the former Colony Ford site. The property has undergone extensive renovations and will offer used car sales and 11 service bays. The dealership will create approximately 25 new jobs.
Jeff Merriam, franchisee, stated that he is excited to join the Meriden community and is looking forward to providing customers with superior service and affordable financing, even if their credit is less-than-perfect.
This Meriden location marks a total of four new J.D. Byrider dealerships in 2015. The company now has 168 locations in 33 states.
“The property is ideal for the Byrider dealership having an existing showroom and service bays. It is exciting to be a part of new growth in Meriden’s economy”, states Angel who represented the seller in this transaction.