The former Cooper-Atkins manufacturing plant in Middlefield has been sold to a real estate investment firm that will bring in a new tenant for light industrial work.
The property at 33 Reeds Gap Road, was bought by Yalesville Properties and Wallingford-based RGR Investments LLC, with principals Jonathan Gavin and Harley James, from the Cooper-Atkins company for $1.4 million in a deal recorded March 25.
James said the deal was an investment purchase and the space will be leased to a single tenant in the light manufacturing and assembly field that will occupy the building starting May 1. He declined to name the tenant.Â
The Cooper Atkins company, established in 1885, makes thermometers and other temperature-gauging tools. It was acquired by St. Louis-based industrial manufacturer Emerson Commercial & Residential Solutions in 2018 when 150 employees worked at the Middlefield plant.
In November 2022, the company announced the closure of the Middlefield plant and the layoff of 68 employees.
The sellers were represented by Daniel G. Barber of Northeast Property Group.
The building dates back to 1964 and features more than 39,500 square feet of space on 8 acres near the Lyman Orchards fruit farms and golf center.
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