Here’s what developer Mark Lovley is planning for downtown Southington buildings he just bought with partner Anthony Valenti

Here’s what developer Mark Lovley is planning for downtown Southington buildings he just bought with partner Anthony Valenti

Record-Journal


SOUTHINGTON — Developer Mark Lovley says the Main Street properties he bought last month aren’t connected to a plan to build age-restricted condominiums on a nearby site.

Lovley and partner Anthony Valenti, a real estate broker from Newington, are buying properties as part of an investment property portfolio.

“We bought this plaza to buy and keep,” Lovley said. “We’re going to do some tender loving care to it.”

Lovley and Valenti bought the properties at 200 Main St. for $1.325 million and 164 Main St. for $175,000 from the Forgione Corp.

They’re planning painting and façade work for the spring as well as improvements to the parking lot and signs.

The building at 200 Main St. includes a Dollar Tree store, Domino’s Pizza and Hong Kong Kitchen. Four years ago, Valenti brokered the dollar store’s lease for the Southington location.

Business owners in the Main Street buildings were glad to hear of promised improvements.

Daniel Carey Jr., the owner of Domino’s Pizza at 200 S. Main St., said that in the first week after the sale Valenti was at the property picking up trash in the parking lot.

“If that’s going to be the type of landlord we have, that’s a positive,” Carey said.

Carey has owned the Domino’s Pizza franchise for four years. The new property owners told Carey that they’d be making some improvements to the parking lot and building.

Valenti “talked to us about some of the cosmetic changes they’re looking to make,” Carey said. “They’re bringing the attitude of making this a brighter spot on Main Street and represent and reflect the town better.”

Necmettin Kupuc, owner of Pizza House at 164 Main St., also expected some improvements. He’s run the pizza shop for the past 10 years.

Lovley contracted with the Forgione family several years ago to buy properties on Forgione Drive off Eden Avenue near the recently purchased buildings. Lovley planned age-restricted luxury condos and townhouses, which were approved by the Planning and Zoning Commission several years ago.

Earlier this year, New Jersey-based Diversified Realty Advisors bought the properties from Lovley. The Eden Avenue property totals about 3 acres.

jbuchanan@recordjournal.com 203-317-2230 Twitter: @JBuchananRJ


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