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www.HartfordBusiness.com June 22, 2015 • Hartford Business Journal 11 DEAL WATCH Chelsea Groton buys Glastonbury bldg. for loan office N orwich's Chelsea Groton Bank has cemented its expansion plans into Hartford County with its purchase of the Glastonbury office building that will house its loan-production office. The property at 273 Hebron Ave. has about 1,500 square feet of space to initially house as many as four residential loan offi- cers, one commercial banker and an admin- istrative staffer, officials said. 273 Hebron Avenue LLC was the seller. Purchase price wasn't disclosed. Chelsea Groton spokeswoman Barbara Curto said its loan office is due to open in July following site improvements that include new roofing, siding, and an entry- way, along with landscaping improvements. Inside, fresh paint, carpet and other cos- metic renovations are planned, Curto said. Hiring details are available at chelsea- groton.com. In May, the state Department of Banking approved the $973 million-asset deposit-tak- er's application to open its new loan office. The bank's 14 other branches are mostly in the state's southeast corner. • • • Middletown's med-office tenants A trio of healthcare providers have taken up residence in a pair of Middletown medical-office buildings, the landlord said. ProHealth Pediatric & Adolescent Medical Group signed for 4,015 square feet at 520 Say- brook Road, according to landlord Seavest Healthcare Properties, of White Plains, N.Y. Next door at 540 Saybrook, Southern Connecticut Vascular Center leased 3,975 square feet, while Middlesex Hospital will occupy an extra 3,233 square feet there. Middlesex Hospital is the largest tenant in both buildings, occupying about 40 per- cent of the combined 64,000 square feet in the pair that realty equity investment fund Seavest Properties III acquired in 2010. Independent medical practitioners occu- py the rest, said Seavest Vice President and Senior Asset Manager Malika Basheer. • • • DJK bows in CT M e t r o p o l i t a n New York broker DJK Residential has opened its first suburban Connect- icut realty broker- age and executive- relocation services office in Cheshire. The 750-square- foot office at 120 S. Main St. will house 20 brokers and agents by next year, said Robert Murphy, who will overee it. This is DJK Residential's fourth office in addition to its midtown Manhattan head- quarters, and downtown Manhattan and Hoboken, N.J. offices. DJK Residential is a division of SIRVA Worldwide Inc. Before joining DJK Residential Connecti- cut, Murphy was with Ridgefield-based Wil- liam Raveis Real Estate. He also owned and operated his own real estate brokerage, Corn- wall Realty Group, which he launched in 2007. • • • CED's Enfield relo Consolidated Electrical Distributors Inc. (CED), has leased 92,000 square feet at 1559 King St. in Enfield for distribution of electrical supplies. This is a consolidation of CED's various Connecticut and Massachusetts locations, brokers said. CB Richard Ellis/New England repre- sented the landlord in this transaction. n Deal Watch wants to hear from you. E-mail it, along with contact information to: gseay@HartfordBusiness.com. Gregory Seay is the Hartford Business Journal News Editor. Gregory Seay DEAL WATCH 273 Hebron Ave., Glastonbury. P H O T O | B H H S N E P R O P E R T I E S . C O M 540 Saybrook Road in Middletown. P H O T O | C O N T R I B U T E D Robert Murphy 1559 King St., Enfield. P H O T O | C O N T R I B U T E D