A small Cheshire warehouse near the Waterbury city line recently sold for $1.2 million and will shortly become the new home of contractor Connecticut Dry Basements.
Living Foods Properties LLC sold the 7,600-square-foot metal warehouse on 1 acre at 2091 Meriden Road to Danolas Properties LLC, in a deal recorded July 24.
The principals of Living Foods Properties are Rosemary and Thomas P. Devlin, who share an Irvington, New York address, according to state business records.
The buying LLC’s principal, Richard Taylor, of Southington, is also owner of Connecticut Dry Basements, which operates out of a Plainville location. Taylor said he plans to move his entire company over the coming six months, following some renovations.
“We’ve been looking for a new location for a few years now because we have outgrown our old one,” Taylor said.
Taylor started Connecticut Dry Basements in his garage 15 years ago. Today, he employs 13 people and expects to continue growing. The company serves clients in Connecticut, Massachusetts and Rhode Island.
“Every year we just get bigger and bigger based on that 100-year storm that seems to come once a month now,” Taylor said.
Taylor said the building is a “great fit,” with the right amount of space, good highway access and a central-Connecticut location convenient for his staff. He said the building is in “tip-top” shape.
JD Altobello, of Trophy Properties, brokered for the seller.
Built in 1994 for a sushi producer and distributor, the warehouse has refrigerated and freezer sections, with a production area that includes floor drains. Altobello said it will be renovated to serve Connecticut Dry Basements’ needs.
“There was strong demand,” Altobello said. “It sold quickly.”
The buyer was represented by Tim Stewart, of Reno Properties.
