🔒Ex-Bushnell owner plows into S.C. apt. scene

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Hamilton Point Investments LLC, the Old Lyme landlord that recently sold Hartford's Bushnell on the Park apartments, has purchased a 168-unit South Carolina apartment property for $13.4 million.

Hamilton's co-founding Managing Partner Matt Sharp said the deal for 13-year-old Cushendall Commons at 819 Arklow Drive in Rock Hill, S.C., located 24 miles south of Charlotte, N.C., closed on June 1. JMG Realty was the seller.

The property's low price relative to what it would cost to build the same apartment community from scratch was the major selling point, Sharp said.

The Connecticut landlord said that it will make modest interior and exterior upgrades to the property over the next year. Cushendall's occupancy was 98 percent on the sale date, he said.

Cushman & Wakefield of Georgia Inc. represented the seller.

Tighe & Bond’s CT office grows

Massachusetts engineering-environmental services vendor Tighe & Bond has boosted the size of its Middletown office to accommodate its growing roster of projects, authorities say.

The Westfield, Mass., employer says it increased the size of its offices in Middlesex Corporate Center, 213 Court St., by 50 percent, to 9,500 square feet on the 11th floor.

The expansion gives it the capacity to house more than 40 employees at the Middletown location, officials said.

Locally, Tighe & Bond manages Middletown's brownfields program; its wastewater engineers had a key hand in the design of a new inter-connection with the Mattabassett Water Pollution Control Facility in the city.

Founded in 1911, Tighe & Bond has more than 50 employees throughout New England, with offices in Middletown and Shelton; Pocasset, Westfield, and Worcester, Mass.; and Portsmouth, N.H. 

Thrivent’s S. Windsor office

A representative for Thrivent Financial has opened a wealth-advisory office in South Windsor.

Local Thrivent representative Sam Chang said he owns and manages his affiliate from his new 720-square-foot office at 828 Sullivan Ave., in the same building as landlord Burgess Insurance.

Chang relocated his business from a smaller, 400-square-foot space at 543 N. Main St. in Manchester.

Chang said he has four employees and plans to triple staffing within the next two years.

Connecticut has eight other independently managed Thrivent offices; about 2,500 Thrivent reps exist in the U.S., Chang said.

S. Windsor lots at $315K

A pair of undeveloped South Windsor land parcels totaling 4.33 acres is on the market with a $315,000 asking price, brokers say.

The acreage at 40 and 44 Sea Pave Road have full utilities and are located at the end of a cul-de-sac. They can be bought separately or together, listing broker Sentry Commercial says.

Joseph John Associates LLC is the seller.

$795K E. Hfd. listing

A 40,401-square-foot industrial building in East Hartford is on the market for $795,000.

The property with five dock doors and heavy powers sits on 1.58 acres at 654 Tolland St. and is also available for lease as a warehouse or manufacturing facility, according to listing broker Sentry Commercial.

Town Line tenant

Eclectic Naturopathic Medical Center has leased 2,600 square feet in Newington's Town Line Business Park.

Reno Properties II LLC owns the four-building commercial campus, housing more than 72,000 square feet of office and retail space, plus a free-standing restaurant, at 48 Christian Lane.

Eclectic specializes in treatment of acute and chronic illnesses. 

Reno Properties Group represented the landlord in the leasen

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Gregory Seay is the Hartford Business Journal News Editor.