South Windsor-based plumbing fixture wholesaler Halstead and Associates paid $1.3 million in November to buy its 24,000-square-foot headquarters.
The 25-year-old company began leasing the industrial building at 330 Nutmeg Road five years ago, according to Jeralyn Halstead, the company’s office manager. Halstead & Associates employs nine, she said.
“It just made more sense,” Halstead said of the purchase.
According to state records, the seller — Nutmeg Road Associates — is headquartered in the address of Waterbury plumbing and HVAC wholesaler Torrington Supply Co., also known as Torrco.
Torrco CEO Joel S. Becker is listed as the principal for the seller.
Nutmeg Road paid $1.3 million for the South Windsor property in 2007.
The property was purchased under the name Jertodel Properties. The principal for that limited liability company, Todd Halstead, is also president of Halstead & Associates.
