A series of recent lease signings/renewals at East Hartford’s 111 Founders Plaza has pushed that office tower to near full occupancy, brokers say.
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A series of recent lease signings/renewals at East Hartford's 111 Founders Plaza has pushed that office tower to near full occupancy, brokers say.
According to Goman+York Property Advisors, the building's leasing broker, seven office leases covering 31,200 square feet were signed to push occupancy to more than 97 percent:
• Engineering firm Quest Global Services expanded by 8,000 square feet and now occupies more than 28,000 square feet.
• Workplace-injury Law firm McGann Bartlett & Brown renewed its lease on 8,300 square feet.
• Connecticut Association of Realtors has renewed its lease on 4,700 square feet.
• Professional staffer KForce signed for 3,200 square feet.
• Tax-accountant Case, Corrado, Yazmer & Co. leased 3,200 square feet.
• Staffing firm CoWorx leased 2,000 square feet.
• Wealth manager Financial Vision leased 1,800 square feet.
Merchant 99-111 Founders LLCÂ is landlord.
Windsor retail center in $3.36M refi
A Windsor retail property recently underwent a $3.36 million mortgage refinancing, its owners say.
Built in 1989, the property is a single-story, 34,084-square-foot building on 6.69 acres at 555 Day Hill Road.
555 Day Hill LLC has owned the property for more than 20 years.
Educational Playcare Ltd. is the anchor tenant, the landlord said.
Rhode Island's Washington Trust was the financing institution.
$900K E. Hfd. sale
The 40,200-square-foot industrial building on Prestige Park Road in East Hartford recently sold for $900,000, brokers say.
166 Prestige Park Road LLC bought the building on 1.84 acres at 166 Prestige Park Road.
55 Pent Highway Associates LLCÂ was the seller. Â
Sentry Commercial represented the seller; CBRE-New England represented the buyer in this transaction.Â
Bob’s Chalet sites sold
The pair of Bristol buildings that have been home to Bob's Sports Chalet for more than 35 years were sold recently for $420,000, brokers say.
Both storefronts and four residential apartments are at 805 & 809 King St.Â
Robert and Estelle Abrams sold the properties to BillBel LLC.
Bob's Sports Chalet, a ski shop and sports apparel store, will continue operating both stores at their location.
Advance Realty CT LLC was sole broker in the sale.
Bristol foreclosure sale
The 6,196-square-foot Bristol commercial building at 116 Riverside Ave. was recently sold for $215,000, brokers say.
Desmarais Properties LLC acquired the property from United Bank Commercial Properties Inc.
The purchaser's Desmarais Property Maintenance LLC affiliate, a property-servicer specializing in snow removal, will occupy the building, according to sole broker Advance Realty CT LLC.
Deal Watch wants to hear from you. E-mail it, along with contact information to: gseay@HartfordBusiness.com.
Gregory Seay is the Hartford Business Journal News Editor.
