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New Jersey investor pays $1.25M for Thomaston commercial building adding to growing CT portfolio

A 17,819-square-foot, mixed-use building on Main Street in Thomaston recently sold for $1.25 million to a New Jersey buyer with a growing Connecticut portfolio.

Myer Kahan, of Toms River, New Jersey, is principal of Thomaston 23 LLC, which bought the 1876-vintage, three-story brick building at 62 Main St., from Sky Mac LLC in a sale logged by the town on July 10.

The seller paid $500,000 for the building in 2003, according to assessing records. The principal of Sky Mac is David M. LaManna. He is also a principal of Empire Insurance Network, which is located in a nearby Main Street office.

Kahan, in a message to The Hartford Business Journal, said he likes the area and is looking for additional investment opportunities.

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Kahan has been an active investor in Connecticut over the past several months.

At the close of 2022, Kahan paid $7.96 million for a 10-story, 115-unit apartment tower in downtown Waterbury.

In late June, Kahan paid $900,000 for a 26,324-square-foot building in New Britain he plans to remodel into 32 apartments.

Between those purchases, Kahan paid $2.1 million for three, six-family and one, five-family apartment buildings in New Britain.

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Michelle Lorenzetti, a broker with Southington-based Premier Real Estate Investment Group, introduced Kahan to the Thomaston property off-market and then helped both sides close the deal. 

 

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