A Newington retail building in the shadow of Westfarms Mall that houses FedEx Office and DSW Designer Shoe Warehouse has undergone a $5.14 million refinancing, lenders say.Rhode Island lender Washington Trust said it refinanced the one-story, 25,093-square-foot building on 2.59 acres in the Newington Westfarms Center on Southeast Road, off New Britain Avenue.Built in 1997, […]
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A Newington retail building in the shadow of Westfarms Mall that houses FedEx Office and DSW Designer Shoe Warehouse has undergone a $5.14 million refinancing, lenders say.
Rhode Island lender Washington Trust said it refinanced the one-story, 25,093-square-foot building on 2.59 acres in the Newington Westfarms Center on Southeast Road, off New Britain Avenue.
Built in 1997, it contains a 6,723 square-foot FedEx Office and an 18,370 square-foot section occupied by DSW.
Connecticut family real estate investors, the Tartaglias, and their Newington LIR LLC own the building that also is part of the Newington retail plaza at 1593-1599/1601-1605 Southeast Road. Babies R Us, Bed, Bath & Beyond and Sleepy's are also tenants in a separate 82,000-square-foot retail building on the plaza grounds.
According to its homepage, Tartaglia Commercial Properties' portfolio of more than 21 Connecticut retail centers includes several other Hartford area properties: Bloomfield Shopping Center; Cheshire Shopping Center; Granby Center; Target New Britain; and Wallingford Strip Center.
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LifeChoice’s Windsor relo
LifeChoice Donor Services Inc. is moving to Bloomfield to bigger office space in Griffin Center Business Park.
Nonprofit LifeChoice, a regional clearinghouse for donor organs, will occupy 12,300 square feet at 340 West Newberry Road in Windsor, up from 10,000 square feet at 8 Griffin Park in Windsor.
As part of its impending relocation, LifeChoice will unveil a new logo that incorporates colors found in the national Donate Life logo of its mother organization, the United Network for Organ Sharing.
LifeChoice CEO Deborah Savaria said the new location was chosen for its proximity and highway access to its two transplant programs at its largest donor hospitals, Hartford Hospital and Springfield's Baystate Medical Center.
The organization also needed more space to accommodate a workforce that has grown from 18 at its launch in 2002 to 34 employees today, Savaria said.
The new Windsor office also includes a larger break/lunch area, a better defined and organized clinical work space, as well as more storage space. The single-story building has a private entrance and easier access.
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AFR’s Rocky Hill renewal
American Furniture Rentals Inc. has renewed its lease at 299 Dividend Road in Rocky Hill.
The nationwide home-, office- and special-event furniture rental has been in the 32,600-square-foot industrial facility on 2.95 acres since 2005.
Harold Johndrow is the landlord.
Sentry Commercial represented the landlord and Colliers International represented the tenant in this transaction.
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Coventry design-build
The Coventry Early Childhood Center, which is currently under construction in that town, is using a design-build regimen that will erect it in a fraction of the time and cost, engineers say.
Manchester-based Fuss & O'Neill Design-Build Services LLC is overseeing all elements of the $420,000 project, from design through construction, President James Galey said. Design-Build Services is a unit of civil engineering firm Fuss & O'Neill, also based in Manchester.
Modular classrooms in the town's middle school are being converted to preschool-specific teaching areas to accommodate 80 preschoolers. Offices, hallways and bathrooms are also being added for use by preschool staff and students.
Galey said design-build cut the overall project cost by about one third, while shaving about three months from the timetable for finishing the project on Aug. 20.
Hartford Architects James Vance and Associates is the design subcontractor.
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.