Hartford Business Journal

HARTFORDBUSINESS.COM | OCTOBER 19, 2026 9 You grind. We grind. 300 Winding Brook Drive Glastonbury, CT 06033 fmlcpas.com | 860-657-3651 Glastonbur y - Stamford New Haven - Avon - Enfield FML CPAs understands the complex, nuanced tax and accounting issues facing manufacturers in Connecticut operating in a global economy that evolves by the minute. Designed from the ground up as an independent, local firm with global perspective, FML is the tax, assurance, and advisory partner your business can rely on, whatever the future holds. Westfield Bank Commercial Lending Member FDIC westfieldbank.com Scott Apuzzo and Penelope Moroso (with Westfield Bank's Jamie Garcia) | Moroso Performance Products When Moroso Performance Products chose a banking partner, they looked for responsiveness, flexibility, and a team that understood their business. They found it in Jamie Garcia and Westfield Bank— combining substantial lending capacity, local decisions, and personal attention to help businesses invest, expand, and thrive. Acquiring or expanding a business Managing cash flow Purchasing equipment Financing an ESOP Supporting private & public contracts Let's grow together. Go to westfieldbank.com/business/commercial-lending or call 860.265.3921. " I love working with Westfield Bank. They have a smaller bank atmosphere, but big bank capabilities." — Scott Apuzzo, Chief Financial Officer Bloomfield | Enfield | Granby | West Hartford Every business has a bank. But do you have a banker? BUYERS & SELLERS | DE AL WATCH GUILFORD Goodwill Industries of Southern New England has purchased a 123,309-square-foot industrial facility at 385 Long Hill Road in Guilford for $10.8 million, according to O,R&L Commercial, which brokered the deal. The North Haven-based nonprofit bought the 20.5-acre property from Seidman Guilford Realty LLC, controlled by Sandor Seidman. The facility will support Goodwill's regional operations. The nonprofit operates thrift stores and provides job training and employment services. NEW HAVEN Yale University in late September paid $2.05 million for a two-story mixed-use building at 1150 Chapel St. in down- town New Haven. The building features vacant ground- floor commercial and restaurant space and the second level has four residential apartments. Yale said it has no immediate plans for the property and will keep it on the tax rolls. The acquisition follows Yale's $2.4 million purchase in February of the neigh- boring Hull's Art Supply building at 1144 Chapel St. In July, the school also bought a 12-unit mixed-use apartment building at 79 Trumbull St. for $1.65 million. FARMINGTON JBS Developers LLC is proposing an 18-home active adult community on 11.6 acres at 598 Plainville Ave. in Farmington. The property is owned by John Senese, owner of Farmington-based Calco Construction. Briana and Joshua Senese are principals of JBS Developers. Plans call for homes with two-car garages along a new private road, with public water and sewer connections. About 4.1 acres would be deeded to the town as open space. The developer is seeking town approvals, with a public hearing sched- uled for Oct. 26. NORWALK A seven-story Norwalk office building that is 25% occupied has been listed for sale for $9.9 million. The Austin, Texas-based Buttross Group is selling One Norwalk West, a roughly 152,609-square-foot building at 40 Richards Ave., according to listing broker Sean McDonnell of Coldwell Banker Commercial. Built in 1985, the property last sold for $15 million in November 2019. McDon- nell said the owner is shifting its focus to other markets. Potential uses include residential conversion, a school or reno- vated offices offered at below-market rents, he said. NEWINGTON Woodgrain, an Idaho-based millwork manufacturer, is seeking approval to add nine loading docks to its Newington distribution facility at 407 Alumni Road. The proposal follows Woodgrain's $32.7 million purchase in August of the industrial complex and additional undeveloped land on Alumni Road. The company had been leasing roughly 255,000 square feet in the building and decided to buy the property as its space needs grew. Founded in 1954, Woodgrain makes and distributes wood and specialty building products, including millwork, doors, lumber and windows. Former Cheshire schools listed for sale as potential redevelopment sites The former Darcey School, at 1686 Waterbury Road, in Cheshire. Photo | CoStar T wo recently closed Cheshire elementary schools have been listed for sale as potential rede- velopment sites, with housing identified as a possible reuse for one property. The 29,000-square-foot former Darcey School, on 12.3 acres at 1686 Waterbury Road, is listed for $2.32 million. The 51,200-square-foot former Chapman School, on 9.2 acres at 38 Country Club Road, has an asking price of $4.1 million. O,R&L Commercial broker Tony Brim- berg reported 10 inquiries within hours of the listings. Housing is a potential reuse for Darcey, but the town has not spec- ified a preferred use for either prop- erty. Both sites are zoned primarily for single-family homes; denser residen- tial redevelopment would require town land-use approvals. The schools closed as part of a roughly $166 million elementary school modernization program.

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