YOUNGSTOWN, Ohio - The former Belmont Avenue headquarters of the Cafaro organization will become the new headquarters of Phantom Fireworks and Phantoms Hockey.

The Cafaro’s announced on Wednesday that an agreement has been finalized for the sale of the building to Phantom.

The building, located at 2445 Belmont Avenue was originally constructed in 1965 and expanded in 1980 to a total square footage of 44,019.

In addition to the building, the sale includes 3.59 acres of land and assorted building furniture.

“The new offices will allow for continuous growth throughout the company as well as significant logistical advantages and improvements,” said William A. Weimer, Vice President & General Counsel of Phantom Fireworks.

Cafaro moved from the Belmont Avenue building in June to a newly constructed headquarters building on the Eastwood Mall Complex in Niles.

Founded more than 40 years ago in Youngstown by Bruce J. Zoldan, Phantom Fireworks is now the largest consumer fireworks retailer in the United States.

In 2011, Phantom Fireworks purchased the former Delphi Packard plant located at Larchmont Avenue and North River Road in Trumbull County, to accommodate growth for the Phantom’s locations.