Hartford commercial broker Colliers International brokered a half dozen commercial properties in recent months.
Colliers was exclusive broker, except where noted.
In Hartford, businessman Robert Sorenson drew $925,000 for a 23,485-square-foot industrial building at 75 Locust St. sold to Antonio Cavallaro. The building houses Sorenson Lighted Controls Inc.
Practically next door, at 45-49 Locust St., Ironworkers Local No. 15 paid $385,000 for a 7,574-square-foot building from seller 45-49 Locust St. LLC.
At month’s end, the 600-member union that represents ironworkers throughout Connecticut and western Massachusetts will vacate its 15-year leased quarters at 28 Sargent St. in Hartford for its new digs. It is the ironworkers first owned building since its last one on Murphy Road in Hartford, officials said.
In Farmington, Alliant Food Safety Lab paid $635,000 for a 10,440-square-foot building at 1810 New Britain Ave. 1810 New Britain Avenue LLC was the seller.
In Cromwell, Fibre Dust Oil & Gas paid $550,000 for a 53,871-square-foot building at 30 New Lane. Riccardi Brothers LLC was seller. R.M. Bradley represented the buyer.
In Glastonbury, Robert Main Realty paid $1.4 million for a 15,000-square-foot retail property a 271 Oakwood Drive that houses a Work Out World fitness center. R&S Oakwood Glastonbury was the seller.
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KBE’s Norwalk office
Farmington’s KBE Building Corp. chose Norwalk for its third East Coast office, this one to serve expanding Fairfield County and other downstate clients.
KBE, formerly part of The Simon Konover Co. in West Hartford, opened its office May 5 at 200 Connecticut Ave. Its other offices are in Farmington and in Columbia, Md.
The company with $300 million in yearly revenue says it works in 14 states throughout the Northeast and Mid-Atlantic.
KBE’s construction billings for schools, senior-living facilities, retail and other commercial projects in Fairfield County alone total $140 million since 2009.
Currently, KBE says it’s erecting the Harry and Jeannette Weinberg Campus skilled-nursing facility for Jewish Senior Services project in Bridgeport; a mixed-use renovation at 376-380 Greenwich Ave. in Greenwich; a new dorm at the University of Bridgeport; renovation of the Campo Acres Shopping Center in Westport; and preconstruction services for a mixed-use complex in Darien for Federal Realty Investment Trust.
KBE also finished renovating last fall Stamford’s J.M. Wright Technical High School.
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Ex-N. Britain school sold
The former Israel Putnam School in New Britain sold for $130,000 cash to investors who want to convert the blighted property into about 30 units of multi-family housing, brokers say.
Total Comfort Realty acquired title to the 61,820-square-foot building at 43 Osgood Ave. from Industrial Mold & Tool, which foreclosed on a lien on the property, according to sole broker Amodio & Co. Real Estate.
The 2.62-acre property has undergone several tax auctions in recent years, so new ownership and a restoration plan focused on housing could eventually restore Putnam School back onto city of New Britain tax rolls, broker Eric Amodio said.
However, Total Comfort Realty initially plans in coming months to convert the ex-school’s gymnasium and other interior spaces into living quarters. Exact details on unit sizes, amenities and construction are not yet available, Amodio said.Â
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Greg Seay is the Hartford Business Journal News Editor.
