Hartford Business Journal

September 28, 2015 — Education Special Focus

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20 Hartford Business Journal • September 28, 2015 www.HartfordBusiness.com 55 Merritt Blvd., Trumbull, CT 06611 Easy Freeway Access to I-95; I-84; CT-15 & Rt. 8 RECENT OPERATIONS & DATA CENTER OF UNILEVER 110,000 SF MODERN OFFICES ON 8.1 ACRES I-95 Corridor near Stratford, Connecticut PUBLISHED RESERVE PRICE: $4,985,000 YOUR NEW HEADQUARTERS @ $45/SF SELLER FINANCING @ 6.5% Former Operations & Data Ctr. for Unilever (UL on NYSE) available at fraction of recent valuation of $13,506,000 PROPERTY DESCRIPTION: • Office Building / Data Center with 422 Parking Spaces in Trumbull Corporate Park. • Fiber Optic Distribution. Multiple Back-up Systems; FM200 gas based-fire suppression system (no water). • Additional 26,000 SF Penthouse Mechanical Room and updated Mechanicals for Elevators. • 55 Merritt Blvd. provides your company the assurance of Continuous Operation, Security and Redundancy for Catastrophic Backup use in the Medical, Military & Financial Industries. BUSINESS OPPORTUNITY: Seller-financing with 37.5% cash down. Opportunity to control your business environment at a fraction of replacement cost. Buy at an Auction Price! ON-SITE INSPECTIONS: Thursdays, October, 8, 15, 22, & 29. For appointment on these dates call: David Lang, CT R.E. Sales-person, at Cell: 440-823-0616 or Gordon Greene, CT R.E. Broker at Cell: 330-327- 5793. See Web-Site at www.55merrittblvd.com Closing in Escrow on or before December 16, 2015. NOV 5 CHARTWELL AUCTIONS • HANNA COMMERCIAL BROKERAGE FOR BROCHURE & TERMS OF SALE , CALL: 860-904-5498 OR 216-839-2005 ChartwellAuctions.com HannaCRE.com Baronet Coffee spends $1.8M on Windsor space B aronet Coffee has paid $1.8 million for a 51,768-square-foot industrial- office facility in Windsor for a relo- cation by next spring of its wholesale- retail coffee-roasting and coffee-import operations. Baronet plans to occupy the building at 701 Marshall Phelps Road in the first quarter of 2016. The company is presently stationed along Hartford's "car-dealership row,'' at 70 Weston St., in the city's North Meadows. Sentry Commercial and NGKF/Hart Industrial Group jointly represented the buyer, One Cup Realty. Colliers Interna- tional represented seller 701 Marshall Phelps Road LLC. Sentry's downtown relo Hartford commercial property broker- adviser Sentry Commercial is about to relo- cate its downtown offices to space several blocks away, to make room for UConn. Sentry will move around Oct. 2 to 2,500 square feet at 190 Trumbull St. from about 2,000 square feet on the third floor of 38 Prospect St., next door to The Hartford Club. Udolph Properties owns 190 Trumbull St., also known as The Brownstone Build- ing for the color and materials of its sig- nature exterior façade. Mckinnon's Irish Pub and Citizens Bank are among the building's retail tenants. UConn last summer paid $3.9 million to acquire the three-story 38 Prospect St. office building that also houses JCJ Archi- tecture, which occupies most of its space. It is a half-block east of UConn's planned new Hartford region campus in the old Hart- ford Times building on Prospect Street. The building, sandwiched between The Hartford Club, 46 Prospect, and the Hartford BPO Elks Lodge at 34 Prospect, will house, once renovations are complete by fall 2017, classrooms, offices and other space for UConn's post-graduate pro- gramming for social work and business now at its West Hartford campus. $175K Bloomfield tract An 11.7-acre industrial parcel in Bloom- field is on the market with a $175,000 pricetag. The property at 43 West Dudley Town Road, at the end of Old Windsor Road, has full utilities in the street and a level topog- raphy, according to listing broker Sentry Commercial. Action Technology and Investment Inc. owns the industrial-2 zoned property, Sentry said. KBE's Farmington relo KBE Building Corp. has a new Farm- ington address that is just down the road from its old one. KBE relocated in mid-September nearly all of its 130 staffers, plus their office furnish- ings and equipment, into 23,000 square feet of office space in Pond View Corporate Cen- ter, at 76 Batterson Park Road. KBE previ- ously was housed at 30 Batterson Park Road. Operated as the construction arm of West Hartford's The Simon Konover Corp. before it was sold to KBE's managers in 2007, it provides preconstruction, construc- tion management, design/building and gen- eral contracting services throughout the Northeast and Mid-Atlantic regions. Built in 1988, Pond View Corporate Cen- ter is on 34 acres, directly across the street from Batterson Park Pond. It consists of two 117,000-square-foot, Class A office buildings. Goman+York Property Advisors repre- sented KBE Building Corp. Colliers Inter- national represented landlord Fusco Farm- ington Associates LP in the lease. 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 P.O. Box 2468, New Britain, CT 06050 800.969.3837 nteriors.com Summer, Fall, Winter, Spring Keep your exterior colorful and festive year round with our exterior seasonal program! indoor / outdoor plantscapes • holiday decor The Brownstone Building, 190 Trumbull St., Hartford. P H O T O | L O O P N E T . C O M 701 Marshall Phelps Road, Windsor. Register today! Please go to: www.HartfordBusiness.com and click on 'Our Events' Or contact Amy Orsini at 860.236.9998 ext. 134 or aorsini@HartfordBusiness.com 2016 HEALTH CARE REFORM IMPACT WHAT CHANGES EMPLOYERS CAN EXPECT IN 2016 FROM THE AFFORDABLE CARE ACT Presenting Sponsor: Event Partners: www.HartfordBusiness.com In Print. Online. In Person. Delivering Business. Date: Tuesday, October 6, 2015 7:30 a.m.–9:30 a.m. Where: The Society Room 31 Pratt Street, Hartford Single Ticket Rate: $45.00 Please join the Hartford Business Journal at The Society Room on Tuesday, October 6, 2015 for a panel discussion designed to educate around the issues and challenges of Health Care Reform. Breakfast will be served. The educational seminar you can't afford to miss! Panel Discussion moderated by: Hartford Business Journal Editor Greg Bordonaro Panelists: Philip Vogel, President of CBIA Service Corp. Steve Sigal, CFO of Access Health CT Ken Lalime, CEO of HealthyCT Farmington's KBE Building Corp. recently moved down the road, into Pond View Corporate Center. P H O T O | S H O W C A S E . C O M P H O T O | C O N T R I B U T E D

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