Issue link: https://nebusinessmedia.uberflip.com/i/493573
12 Hartford Business Journal • April 13, 2015 www.HartfordBusiness.com DEAL WATCH Ex-Acme Auto W. Hfd. site lists at $1.77M T he former Acme Auto Parts store site in West Hartford is on the mar- ket with a $1.77 million asking price, say brokers. The triangular, 1.81-acre parcel at 540 New Park Ave., at the corner of Oakwood Avenue, has a 22,000-square-foot build- ing that was the parts store. Earlier in its life, the building also housed an auto- repair operation. The Grody Co. in West Hartford owns the property, said Newington commercial listing broker Reno Properties Group. Reno Properties principal Michael Gallon said the Fine family for years ran Acme, which once counted about a dozen parts stores in the Hartford area. The property is surrounded by retail, commercial and industrial operators, includ- ing Home Depot, BJ's Wholesale Club and gunmaker Colt's Manufacturing Co. The owner is pitching the site for its potential for retail development. It's situated about a quarter-mile south of the new CTfastrak station at the corner of Flatbush and New Park avenues. • • • Farmington care facility A 116-bed assisted-living/memory- care facility is going up on Farmington's eastern edge. Columbia/Wegman Acquisition LLC, a partnership between Rochester, N.Y., real estate developer Wegman Cos. Inc. and a Washington state nursing-home operator is erecting the approximately 93,000-square-foot community at 99-111 Scott Swamp Road/Route 6. The 10.47-acre community will be called The Landing of Farmington. According to papers filed with the town, The Landing will house seniors in 86 assisted-living units, plus 25 units in a separate area of the building devoted to residents with Alzheimer's disease and other memory-related ailments. Amenities will include a dining facility and space for other health- and community- related events, papers show. The Landing will employ between 55 and 65 workers. The site will have parking for 69 vehi- cles, but a rear lot on the site will remain undeveloped, documents show. Loureiro Engineering Associates Inc. of Plainville is a project adviser. Wegman has developed similar prop- erties over 40 years in Connecticut, Mas- sachusetts, Maine, New York and Ohio, according to its homepage. The Landing of Farmington is one of three assisted-living/memory-care facilities Wegman is building; two more are underway in upstate New York and in Ohio. • • • Pilot tags tradeport Freight-forwarder Pilot Freight Ser- vices signed a long-term lease for 42,240 square feet of industrial space in Windsor. As previously reported, Pilot is preparing to leave its approximately 14,000-square-foot space at 25 Kripes Road in East Granby it has occupied the past five years for new quarters at 40 International Drive, in the New England Tradeport. Grif- fin Land is the tradeport's landlord. The move coincides with online retail giant Amazon.com's opening soon nearby of a 1.5-million-square-foot order-fulfill- ment center, off Day Hill Road, in Wind- sor. Amazon uses Pilot to ship TV sets, fitness equipment and other bulky mer- chandise to shoppers in the region. Buildout of Pilot's new space is under- way, Griffin said, with occupancy set for early summer — around the same time Amazon's opens. • • • STAG's No. Haven buy Boston real estate investment trust STAG Industrial Inc. recently paid $57.7 million to add another Connecti- cut industrial property to its nationwide portfolio. STAG North Haven LLC has purchased 300 Montowese Ave. in North Haven from New Haven Inc. Two industrial buildings totaling 825,000 square feet are on the 66.7-acre site pur- chased from New Haven Inc. Bozzutto's Inc. and New Breed Logistics are tenants. HK Group was the sole broker in this transaction. According to STAG's homepage, it also owns a 74,000-square-foot manufacturing building in Avon; and a 145,000-square-foot distribution warehouse in East Windsor. n Deal Watch wants to hear from you. E-mail it, along with contact informa- tion to: gseay@HartfordBusiness.com. Gregory Seay is the Hartford Business Journal News Editor. Gregory Seay DEAL WATCH WWW.MCGRATHINSURANCE.COM P: 8 0 0 . 3 4 2 . 3 8 5 9 F: 5 0 8 . 3 4 7 . 6 8 5 8 Cyber threats are becoming an increasingly significant risk for today's businesses. Without adequate protection, the costs incurred from a cyber breach could be potentially damaging for your business. Cyber security liability insurance can protect your business in regards to liability expenses, remediation efforts, and fines or penalties after a breach. Download our free white paper for more information on how to protect your business from a cyber attack. IS YOUR BUSINESS SAFE FROM A C YBER AT TACK? The former auto-parts store at 540 New Park Ave., West Hartford. P H O T O | C O N T R I B U T E D Quality Construction + Butler Manufacturing = Repeat Customers www.borghesibuilding.com © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing™ is a division of BlueScope Buildings North America, Inc. 2155 East Main Street • Torrington, Connecticut 06790 317–321 Federal Road, Brookfield, CT | 2005 | 31,000 sq ft 270–290 Federal Road, Brookfield, CT 2002 | 33,000 sq ft 227-235 Federal Road, Brookfield, CT 2014 | 25,000 sq ft Contact us at 1-855-BUILD-86 or visit us on the web.