News: Brokerage

Angel of Angel Commercial leases 2,600 s/f to Capitol PhotoInteractive

Jon Angel, president of Angel Commercial L.L.C., a Southport-based commercial real estate brokerage firm, leased 2,600 s/f of retail space at the Fairfield Shopping Center (Bob's Plaza) located at 855 Post Rd. to Capitol PhotoInteractive. As a family business based in Fairfield for over 35 years, Capitol PhotoInteractive's expansion into larger space was necessary to support their growing business. Regina Madwed, owner, will be sharing the space with her twin sons' business Capitol Photo Booths. "Our new studio is open for business," said Madwed. "The new space is modern and perfect for the studio. We will have a grand re-opening in June to celebrate our new premises which now has room to accommodate my sons' business, Capitol Photo Booths. This is an exciting and emotional time for us. My children are growing their business and continuing their family legacy." Jacob Madwed, co-founder of Capitol Photo Booths, said, "When my brother Daniel and I started Capitol PhotoBooths 7 years ago we shared 800 s/f with Capitol PhotoInteractive. Since Daniel and I were running our company part time while attending school, the space for our business wasn't a major concern. However, both of us are graduating from College in May and we will need our own area to grow our side of the business." "The new location will provide more visibility and improved parking," said Angel, who negotiated the lease on behalf of the tenant.
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

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