Industrial contractor expands CT footprint with East Hartford property purchase.
A Massachusetts commercial painting and industrial services contractor recently purchased an industrial property in East Hartford for $638,000, land records show.
The property at 351 Burnham St. was acquired by 351 Burnham Street LLC, controlled by James Kaloutas.
Kaloutas is president of Kaloutas, a provider of commercial painting, industrial flooring and fireproofing services throughout Connecticut and the Northeast.
According to O,R&L Commercial, which brokered the deal, Kaloutas acquired the property as part of its continued expansion in Connecticut and the Northeast.
The company’s website lists an office in Plainville, along with five offices in Massachusetts.
The purchase closed on April 22.
The seller was Soundview Growth Partners, which bought the property in 2022 for $420,000, according to property records.
O,R&L Commercial broker Mark Berkowitz represented the seller and procured the buyer in the deal.