Issue link: https://nebusinessmedia.uberflip.com/i/1477129
HARTFORDBUSINESS.COM | August 29, 2022 9 Buyers & Sellers TOTAL PROJECT SIZE: 42,000 SF Building For Your Success MK AUTOMATION BLOOMFIELD, CT For this project, PDS served in a design build role to complete a new 42,000 square foot addition for our long standing client, MK North America. Standing at 22' tall, this pre-engineered metal building will be utilized as production space for the expanding conveyor systems manufacturer. For over 56 years, PDS has always built relationships based on trust, efficiency and transparency to provide the highest quality end result. SPOTLIGHT ON: PRE-ENGINEERED METAL BUILDINGS 107 Old Windsor Road, Bloomfield, CT 06002 | 860.242.8586 | pdsec.com THINK • PLAN • BUILD East Granby A Massachusetts development group has purchased multiple properties in East Granby along Route 20, likely for commercial development projects. In deals recorded July 21, Meadow Street Partners/Development Asso- ciates of Agawam purchased a 10.9-acre lot at 21 Kripes Road for $1 million; a 7.8-acre lot at 73 Rainbow Road for $1.2 million; and 5 acres across the street at 1 Gateway Blvd., for $1 million. All are vacant parcels except for a small 0.28-acre lot containing a home at 85 Rainbow Road. The acquisitions give Development Associates 19 acres of contiguous land along one side of Route 20, and another 5 acres across the street. East Granby's Economic Devel- opment Director of Marketing and Commercial Real Estate Sandra Johnson said the vacant lots will likely be used for commercial development. Previous plans for the parcels included a hotel and apartment complex that were approved by the town but never built, East Granby officials said. Hartford The 270-unit Capitol View Apart- ments high-rise in Hartford recently sold for $22.3 million. ConnectiCare HQ in Farmington sold for $13.5M The Farmington headquarters of health insurer ConnectiCare has sold for $13.5 million to a New Jersey investment group. According to town records, Farmington Realty LLC sold the building at 175 Scott Swamp Road to MSUR Farmington DE LLC, BZT Farmington DE LLC, and 175 Scotts Swamp Holdings DE LLC. Jason Schneid is the principal for all three companies. He is founder and owner along with Joel Schneid of Capital Invest- ment Group, a privately held real estate investment company based in East Orange, N.J. ConnectiCare spokeswoman Kimberly Kann said the building sale doesn't impact the company, and there will be no change for it following the sale. In a deal recorded July 29, 600A LLC paid $22.3 million to two limited liability companies sharing the same Greenwich address. One of these sellers, HFTE LLC, formed July 5 with a principal of Steven J. Schacter, of Harrison, New York, according to state business records. That deal transferred the 1955- vintage apartment building at 590 Asylum St., as well as two associated parking lots. The buyer, 600A LLC, formed May 31, according to state business records. Its principal is Jack Jankelo- vits, who lists a West Hartford UPS Store as his business and residence addresses in a state business filing. Southington A subsidiary of The Simon Konover Co. has acquired Eden and Main Apartments, a 55-plus rental commu- nity in Southington. Konover Residential Corp. purchased the property at 37 Eden Ave. for $10.75 million in July, property records show. The seller was DRA Eden Avenue LLC of New Jersey. Eden and Main Apartments is a 41-unit community that was recently developed by New Jersey-based Kokes Properties. Bristol A freestanding Bristol retail prop- erty anchored by Ruby Tuesday has sold for $1.6 million, property records show. The 6,403-square-foot property is located at 1444 Farmington Ave. The buyer was ADC Bristol CT LLC, which is controlled by Thomas Abernathy, who lists a Lawrenceville, Georgia business and residential address, according to the Secretary of the State's office. The seller was Store Master Funding XIII LLC, which is controlled by Mary Fedewa, Sherry Rexroad and Chad Freed, who each list a Scottsdale, Arizona business address, state records show.