Baronet Coffee has paid $1.8 million for a 51,768-square-foot industrial-office facility in Windsor for a relocation by next spring of its wholesale-retail coffee-roasting and coffee-import operations.
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Baronet Coffee has paid $1.8 million for a 51,768-square-foot industrial-office facility in Windsor for a relocation by next spring of its wholesale-retail coffee-roasting and coffee-import operations.
Baronet plans to occupy the building at 701 Marshall Phelps Road in the first quarter of 2016. The company is presently stationed along Hartford's “car-dealership row,'' at 70 Weston St., in the city's North Meadows.
Sentry Commercial and NGKF/Hart Industrial Group jointly represented the buyer, One Cup Realty. Colliers International represented seller 701 Marshall Phelps Road LLC.
Sentry’s downtown relo
Hartford commercial property broker-adviser Sentry Commercial is about to relocate its downtown offices to space several blocks away, to make room for UConn.
Sentry will move around Oct. 2 to 2,500 square feet at 190 Trumbull St. from about 2,000 square feet on the third floor of 38 Prospect St., next door to The Hartford Club.
Udolph Properties owns 190 Trumbull St., also known as The Brownstone Building for the color and materials of its signature exterior façade. Mckinnon's Irish Pub and Citizens Bank are among the building's retail tenants.
UConn last summer paid $3.9 million to acquire the three-story 38 Prospect St. office building that also houses JCJ Architecture, which occupies most of its space.
It is a half-block east of UConn's planned new Hartford region campus in the old Hartford Times building on Prospect Street.
The building, sandwiched between The Hartford Club, 46 Prospect, and the Hartford BPO Elks Lodge at 34 Prospect, will house, once renovations are complete by fall 2017, classrooms, offices and other space for UConn's post-graduate programming for social work and business now at its West Hartford campus.
$175K Bloomfield tract
An 11.7-acre industrial parcel in Bloomfield is on the market with a $175,000 pricetag.
The property at 43 West Dudley Town Road, at the end of Old Windsor Road, has full utilities in the street and a level topography, according to listing broker Sentry Commercial.
Action Technology and Investment Inc. owns the industrial-2 zoned property, Sentry said.
KBE’s Farmington relo
KBE Building Corp. has a new Farmington address that is just down the road from its old one.
KBE relocated in mid-September nearly all of its 130 staffers, plus their office furnishings and equipment, into 23,000 square feet of office space in Pond View Corporate Center, at 76 Batterson Park Road. KBE previously was housed at 30 Batterson Park Road.
Operated as the construction arm of West Hartford's The Simon Konover Corp. before it was sold to KBE's managers in 2007, it provides preconstruction, construction management, design/building and general contracting services throughout the Northeast and Mid-Atlantic regions.
Built in 1988, Pond View Corporate Center is on 34 acres, directly across the street from Batterson Park Pond. It consists of two 117,000-square-foot, Class A office buildings.
Goman+York Property Advisors represented KBE Building Corp. Colliers International represented landlord Fusco Farmington Associates LP in the lease.
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.
