Hartford Business Journal

HARTFORDBUSINESS.COM | FEBRUARY 19, 2024 11 DEAL WATCH | BUYERS & SELLERS 201-unit apartment complex planned in Windsor A Pennsylvania-based development firm looking to expand its Connecticut portfolio is a step closer to building a 201-unit apartment complex in Windsor. Pennsylvania-based A.R. Building Co. Inc. has won approval from the town Planning and Zoning Commission on conceptual plans for the Dunfey Lane Apartments. The $20 million project will include four new four-story-high buildings on now-vacant parcels at 450 and 462 Bloomfield Ave., and 60-80 Dunfey Lane. The design calls for 201 one- and two-bed- room apartments; 10% would be deemed affordable, while the rest would be market rate. The complex will also include an outdoor pool, surface parking for 300 vehicles, side- walks, outdoor space and open space. This would be A.R. Building's first Windsor development, but it has done several other projects in Connecticut, including The Docks and 60 Mansfield, both in New London, and Pleasant Valley Apartments in Groton. Projects are also in the works in Meriden, Newington and Brookfield. A proposed Dunfey Lane Apartments building in Windsor. RENDERING | CONTRIBUTED MERIDEN The Connecticut Bar Association, which sold its New Britain headquarters in June, has signed a lease for smaller office space in Meriden, with plans to move in by this summer. The bar association plans to move into 8,364 square feet of leased space at 538 Preston Ave., in the Meriden Executive Park. The CBA sold its 26,324-square-foot New Britain office building, at 30 Bank St., last June for $900,000 to a limited liability company headed by Myer Kahan, an investor and developer from Toms River, New Jersey. At the time, Kahan announced plans to convert the building into 32 market-rate residential apartments. Farmington-based real estate firm Amodio & Co. brokered the Connecticut Bar Association's new Meriden lease. WETHERSFIELD The Wethersfield Planning and Zoning Commis- sion has approved separate plans for an events venue and salon in a multi-use commercial building at 898 Silas Deane Highway. West Hartford-based Virgins Enterprise LLC received approval for a 2,100-square-foot banquet hall, called Euphoria Loft Event Venue, in a vacant part of the building next to a State Farm office. The events space will have a capacity of about 100 people and host corporate seminars, intimate gatherings, wedding receptions, birthdays and other celebrations. Dylon Virgin, of East Hartford, is listed as the principal of the business. He has an agreement to lease the space from the building owner, 898 Wethersfield LLC, starting March 1. Also, the commission approved an application, submitted by West Hartford-based O.R Enterprise LLC, to convert an empty 4,000-square-foot section of the same Silas Deane Highway building into a salon, called Opulent Retreat Salon & Suites. WEST HARTFORD A 20,358-square-foot, fully leased office building in West Hartford recently sold for $1.49 million to the owner of Anthony's Ocean View, a well-known wedding and events facility in New Haven. Mercedes Properties LLC sold the 34-year-old, concrete-sided building on six-tenths of an acre at 67 Prospect Ave., to WH Prospect LLC, which is led by Anthony Delmonaco, a principal of Anthony's Ocean View. The seller's principals are Ari D. Santiago, of West Hartford, and Alex G. Santiago, of Brookline, Massachusetts. Their LLC paid $690,000 for the property in 2012, according to assessing records. Ari D. Santiago is CEO of IT company Compass MSP, the largest tenant at 67 Prospect Ave. Compass, which has been in the building since 2012, negotiated an early lease renewal and exten- sion as part of the sale, said Michael Guidicelli, principal of Regions Commercial, which marketed the building and procured the buyer. The lease had been set to expire in 2025. The buyer also committed additional dollars above the sale price for renovations to Compass' space, Guidicelli said. "There were a lot of different techniques we used to get this building sold, including early lease renewal," Guidicelli said. The building was on the market for less than three months, Guidicelli said. Building Ideas That Work... Contact us at 860.482.7613 or visit us at BorghesiBuilding.com 2155 East Main Street Torrington, Connecticut 06790 © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing ™ is a division of BlueScope Buildings North America, Inc. Whether you are a manufacturer or distributor, Borghesi Building & Engineering Co., Inc. will guide you to provide the best solution for your facility. Providing quality and reliability with design and energy efficient construction. With over 80 years of experience our processes will help your dream to be realized. ATLANTIC STAR NAPOLI FOODS WHOLE FOODS

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