Hartford Business Journal

12 Hartford Business Journal • March 16, 2015 www.HartfordBusiness.com June 4th is Ct's Business expo... Are you reAdy? Enjoy pre-expo networking, a continental breakfast and coffee while you: See the 2015 Floor Plan Get professional advice from the experts Learn social media tips and tricks Get direction in planning your booth Directly maximize your marketing impact Learn how to increase your customer database using targeted lead collection methods Informational Panel Discussion and Q&A on Expo best practices & success stories! From A to Z ! Thinking about a booth? Open to all exhibitors, potential exhibitors and attendees! 1 5 t h A n n u A l June 4, 2015 • CT Convention Center www.ctbexpo.com Learn Connect Prosper Countdown to Show: Less than 90 Days Away! Enter to win great door prizes! Special savings on décor and collateral for your booth! *One day only* Discounted parking available for training session attendees Walk-ins welcome! RSVP by April 2nd, 2015 by calling Cat Gruszka at 860.236.9998 x137, emailing CGruszka@HartfordBusiness.com or register online at HartfordBusiness.com/training FREE Pre-Expo Training SESSION! Wednesday, April 8, 2015, 8:30 am – 10:30 am Connecticut Convention Center Attend the session on April 8th and enter to win a FREE Booth or Booth Size Upgrade at the June 4, 2015 CT Business Expo! WIN A FREE 10x10 BOOTH! Media Par tner: Suppor ting Par tners: Produced By: Event Par tners: Presented By: Gold Sponsors: Platinum Sponsors: SYSTEMS Event Technology Solutions www.prosystems.tv Deal Watch JumpingClay opens in Enfield J umpingClay USA is opening later this week its first U.S. creative clay-arts academy in Enfield. The academy opens March 21 in about 1,600 square feet at 76 Palomba Drive, previously an office for Planned Parenthood of Connecticut, JumpingClay USA owner Aime Liggett said. Liggett says she will employ six workers. George Colli III is landlord Liggett runs the Enfield academy, which will feature trained pre-instructors and instructors who will hold art education work- shops for children age 4 and up and for adults. The colorful clays can be molded into various shapes and figures that are air-dried to set. A former Hartford elementary school- teacher, she and her young children encoun- tered JumpingClay during a visit to North- ern Ireland in the summer of 2013. "I loved the way the clay looked. It was fun. It didn't crack.'' she said. She approached the Korean operators who awarded her rights to franchise its concept in the U.S. market. Liggett said she hopes to begin franchis- ing other Connecticut locations within the next few years, then branch out from there. • • • Newington apts. sold A nine-unit Newington apartment build- ing has sold for $965,000, brokers say. PSB Wethersfield Holding LLC bought the property at 711 Willard Ave., in the shad- ow of St. Mary's School, Newington High, Newington Veterans Hospital, and Central Connecticut State University, from seller Kane Street Associates LLC. Commercial broker Marcus & Millichap of New Haven had the exclusive listing and brought the buyer to the table. • • • elm St. units set A former Rambler car dealership in downtown Hartford is a step closer to conversion to housing after obtaining a $333,000 mortgage from state taxpayers to help fund the redevelopment. Developer Daniel Peabody recently closed on the loan with the Capital Region Development Authority for his planned $1.2 million conversion of 40 Elm St. into six apartments, CRDA said. When completed as early as this fall, the converted property will consist of two studio units; two single-bedroom units; and a pair of two-bedroom units at what origi- nally was known as the L. Mansoy and Sons Carriages House. Later it was converted to a car dealership. Peabody has spent the past year obtain- ing permits and performing other pre-con- struction tasks at the site, CRDA said. His financing also consists of a $420,000 first mortgage with Hartford Community Loan Fund; state historic preservation cred- its of $209,000; and $254,000 in private equity. Another private property next door at 50 Elm also recently underwent renovation, the agency said. • • • Woodland Moving's lease Woodland Moving and Warehouse Inc. leased a 14,800-square-foot industrial build- ing in West Hartford for its operations. C&G Properties Inc. owns the 48-year- old building on 2.58 acres at 110 Reed Ave., in the town's Elmwood neighborhood. Sentry Commercial was sole broker in the transaction. n Gregory Seay is the Hartford Business Journal News Editor. Gregory Seay (Top) Space inside JumpingClay's Enfield academy at 76 Palomba Drive. (Above, left) 711 Willard Ave., Newington. (Above, right) 110 Reed Ave., West Hartford. Deal Watch P H O T O | C O n T r i b u T e d

• Cover