The former home of Suffield’s Windsor Marketing Group, which filed for bankruptcy in 2018, has been sold for $10.6 million, according to town records and the broker involved in the deal.
The 200,000-square-foot manufacturing/R&D/office property at 100 Marketing Drive had been on the market for nearly a year before it sold this month.
The buyer was Rug Pad USA, which is a Connecticut headquartered company, according to Frank Amodio of Amodio & Co. Real Estate, which brokered the deal.
Rug Pad USA procures, makes, markets and sells felt and other carpet padding materials. It has other Connecticut locations in Bridgeport and Ansonia, according to its website.
The seller was Windsor Marketing Group Founder Kevin Armata. The property had been listed for sale for $10.5 million.
Windsor Marketing Group was once a promising and growing Connecticut-based advertising company that was supported by a state grant, but its business hit the skids a few years ago, eventually forcing it to file for bankruptcy in 2018.
The business employed more than 100 people at one point, but has since closed.
The property, which was built in three phases starting in 2005, was marketed as a “modern high-bay warehouse, manufacturing, R&D, flex office” space. It includes 20 loading docks and three drive-in doors.
It’s also near Bradley International Airport.
East Hartford-based Goman+York represented the buyer in the deal.
