New Haven, Conn. Barbara Pierce, Chairman and CEO of Pierce Real Estate, is assisted by Carl Russell, Senior Commercial Broker, and Chris Nolan, Senior Commercial Associate. The pizza capital has the potential to also become the empanada capital of the country.
Only three months have passed since the U.S. national team. Sen. Rosa DeLauro (D-Conn.) declared New Haven the “pizza capital of America,” and Russell and Nolan helped lease a large light industrial building that became the empanada business’ newest home.
In last month’s transaction, Russell and Nolan represented New York-based 145 Hamilton LLC, the landlord of 145 Hamilton Street, also known as 150 Wallace Street. The 20,280-square-foot building was leased by Picaro Foods LLC of Yonkers. new york. The new Hamilton Street tenant was represented by Mark Glassman of Arnold Peck’s Commercial World in Milford. Picaro Foods has signed a multi-year lease for the Hamilton Street property.
Pikalo Foods is a family-owned business founded in 2021. In just three years, the company has grown from a single restaurant with a small kitchen to an empanada empire, supplying delis, markets and restaurants across the Northeast. The expansion of the company’s empanada wholesale business necessitated a new location in Connecticut. “An immigrant’s dream that started from nothing has become unforgettable and delicious,” the group’s website says.
Russell is a member of the Society of Industrial and Office Realtors (SIOR) and a Certified Commercial Investment Member (CCIM). He is nationally known as an instructor in the CCIM program. In addition, Russell is an assistant professor of real estate at New York University and a past president of the Greater New Haven Association of Realtors.
