N. Britain’s Main Place Apts. sold at $4.7M

The 72-unit Main Place Apartments in New Britain sold recently for $4.725 million, brokers say. Allen-Main LLC drew multiple offers for the property it developed and owned 47 years ago at 923 W. Main St. before accepting the offer from buyer 923 West Main St. LLC, seller's broker Chozick Realty of Hartford said. It has 64 two- and eight one-bedroom units. All apartments and common areas were completely remodeled in recent years, including new roofs and windows. Occupancy has been at or near 100 percent over the years, Chozick Realty said. Chozick Realty said it actively marketed the property for three weeks, drawing multiple competitive offers for the seller. E. Hfd. plaza sold A 32,000-square-foot neighborhood retail center in East Hartford has sold for $1.35 million, brokers say. B.N. Mahesh bought the shopping plaza on 4.53 acres at 1140-1162 Burnside Ave. from seller Woodland Equities LLC, according to exclusive broker O,R&L Commercial. Tenants include Family Dollar, Subway and The Burnside Market. Southington pair listed A 1.69-acre Southington parcel already approved to house an industrial building is for sale for $210,000, brokers say. The property is located at 143-157 Industrial Drive, according to listing broker Sentry Commercial. Gas, water and sewer utilities to the site also are available. The cleared and dry acreage is approved for construction of a 22,640-square-foot industrial building, Sentry said. Economic incentives are available. Also in Southington, about 45,000 square feet of a 120,000-square-foot industrial building at 74 Spring St., just off Queen Street/Route 32, near I-84, is for lease for $4.75 per square foot triple net, according to listing broker Reno Properties Group. 3 Newington med suites Three Newington medical-office suites totaling just over 8,000 square feet are available for lease, brokers say. In one of the buildings at 505 Willard Ave., a 4,500-square-foot suite is for lease, according to listing broker Reno Properties Group. In the second, two suites — 1,800 square feet and 1,770 square feet — are available. The rent for all three is $18 per square foot triple net, Reno said. Existing healthcare tenants include: ProHealth Physicians; Hartford Hospital Eye Surgery Center; Newington Pediatrics; and Connecticut Foot Care Center. N. Britain retail space A 4,000-square-foot New Britain retail space is on the market for lease, with an adjoining pad site for sale. The space, which can be subdivided into a pair, is part of a 17,000-square-foot retail center at 972 W. Main St., in the city's West End neighborhood, according to listing broker Reno Properties Group LLC. The existing space comes in a vanilla finish and priced at $15 per square foot triple net, Reno said. The pad site can accommodate an 8,000-square-foot free-standing building, with a ground lease starting at $75,000 annually. Existing tenants include: Pocket Communications; State Farm; Concentra Health Services; Beauty Systems Group; and People's Choice Pizza. Deal Watch wants to hear from you. E-mail it, along with contact information to: gseay@HartfordBusiness.com. Gregory Seay is the Hartford Business Journal News Editor.