A former beauty products warehouse on Meadow Street in Hartford sold to a New Britain investor for $3.8 million.
The building at 150 Meadow St. had housed Beauty Enterprises Inc., a distributor of cosmetics products. In November, the company informed the Connecticut Department of Labor it would lay off 65 workers at the Hartford warehouse beginning in early January.
RHC Realty LLC sold the building to 150 Meadow Street LLC, in a deal recorded March 10, according to city land and assessing records.
The principal of the buying limited liability company is Peter Niro, whose state business filing lists 1 Hartford Square in New Britain as both his residence and business addresses.
Niro is also principal for Hartford Square Associates, a limited liability company holding the New Britain Property. On its Facebook page, Hartford Square describes the building as a 565,012-square-foot, multi-tenant, industrial, office and warehouse facility located near Interstate 84.
A Showcase.com listing for the building at 150 Meadow St. in Hartford describes it as a 74,000-square-foot industrial building with about 8,000 square feet of office and showroom space. The building also features 11 loading docks and is in an Opportunity Zone, according to the listing.
Attempts to reach Niro were not immediately successful Friday.
