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West Hartford bank building sells for $6.9M

Middletown-based real estate development and investment duo Michael Stone and Michael Fleischmann recently paid $6.9 million for a 17,646-square-foot West Hartford commercial building primarily occupied by an M&T Bank branch.

West Hartford-based Lavery Brothers 1013 LLC sold the 1989-vintage building on roughly 1-acre at 1013 Farmington Ave., to a limited liability company tied to Stone and Fleischmann, in a sale recorded by the town on Feb. 20.

Attempts to reach Stone and Fleischman were unsuccessful.

The two were also involved in an $8 million purchase in 2019 of a neighboring 37,635-square-foot, multi-tenant retail building on nearly 1.9 acres at 1003 Farmington Ave.

The property at 1013 Farmington Ave. was sold by Lavery Brothers 1013 LLC, of West Hartford. 

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The principals of the selling LLC include Robert J. Lavery, of Charlestown, Rhode Island; Elizabeth Lavery Schwab, of West Hartford; Jennifer Lavery Grant, of Charlestown, Rhode Island; Lynn Lavery Davies, of Melbourne Village, Florida; and Samantha Lavery Greeno, of Moravian Falls, North Carolina. 
 

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