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16 Hartford Business Journal • August 8, 2016 www.HartfordBusiness.com Cromwell Commons plaza sold for $16.7M T he Cromwell Commons Shopping Center recently sold for $16.7 million, brokers say. Cromwell Commons RSK LLC and MBMB Cromwell LLC sold the approxi- mately 114,000-square-foot retail plaza at 136 Berlin Road to The Nugent Organiza- tion and J&V Ventures. CW Landmark brokered the sale. PriceRite supermarket anchors the retail center. $13M Asnuntuck expansion Enfield's Asnuntuck Community Col- lege is erecting an estimated $13 million, 27,000-square-foot building that will nearly double its advanced manufacturing tech- nology classroom and lab space when fin- ished next May. Eventually, the school's manufacturing technology center will house 50,000 square feet to serve the career needs of more than 500 pupils annually, plus incumbent workers and in-school youth, said Frank D. Gulluni, manufacturing technology director. On top of computer numerically controlled machining, welding and electro-mechanical certificates and associate-degree program- ming, Gulluni said Asnuntuck expects to intro- duce new coursework in fabrication, layout and inspection, and additive manufacturing. The designer is architect Moser Pilon in Wethersfield. New Haven's Fusco Corp. is general contractor. Tradeport space listing More than half the space in a 150,000-square- foot warehouse-distribution building in Gran- by's New England Tradeport is available for lease, its Bloomfield landlord says. Griffin Industrial Realty says its high- bay facility at 755 Rainbow Road has 89,000 square feet of vacant space ready to rent under a triple-net lease of $5 a square foot. Built in 2007, the building and grounds contain 22-37 load- ing docks, two drive- in doors, 30-foot clear height ceilings, and 149 spaces for truck parking. It also has phone-, fiber- and cable-ready communica- tions service via Frontier Communications and Comcast, Griffin said. Europa Sports Products occupies other space in the building, the landlord said. Berlin Turnpike Walgreens site in $3.1M refi The building housing Walgreens Phar- macy on the Berlin Turnpike in Newington has undergone a $3.1 million refinancing, the lender says. The 14,490-square-foot retail drug store on a 3.24-acre corner lot at 2920 Berlin Turn- pike/Route 5-15 is owned by 2920 Berlin Turn- pike LLC, according to Washington Trust, of Westerly, R.I. The building includes a two-lane drive-thru pharmacy and on-site parking for 89 vehicles. BioSafe's E. Hfd. buy BioSafe Systems LLC has acquired an 8,100-sqauare-foot building on East Hartford's Pitkin Street for $900,000 to house its production of sustainable prod- ucts for agriculture and food safety. SS&S Realty LLC bought 207 Pitkin St. from Fairview Run LLC for expansion, but will retain its warehouse and laboratory space at its current 22 Meadow St. location, accord- ing to sole broker Colliers International. Ex-Bradley Hotel sold The 165-room HillsPoint Hotel & Confer- ence Center in Windsor Locks has been sold for $1.2 million, brokers say. MCC Bradley LLC sold the approximately 112,420-square-foot facility at 383 South Cen- ter St. to Praas WL LLC, according to sole broker O,R&L Commercial. The sale price included the ongoing busi- ness, liquor license and all equipment. HillsPoint is housed in the former Brad- ley Hotel. 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 755 Rainbow Road, Granby. Artist's sketch of advanced manufacturing technology addition at Asnuntuck Community College. R E N D E R I N G | C O N T R I B U T E D P H O T O | C O N T R I B U T E D CORPORATE PROFILE Barnes Group Inc. 123 Main St., Bristol | www.barnesgroupinc.com Barnes Group Inc. is an international industrial and aerospace manufacturer and service provider. Top Executive: Patrick J. Dempsey, CEO FACT BOX Industry: Industrial goods 2Q 2016 Revenue: $306.7M 2Q 2016 Profit: $33.2M Quarterly Profit Change: ($1M) Cash: $101.3M Employees: 4,735 Competitors: ATI Ladish LLC Chromalloy Gas Turbine LLC United Technologies Corp. TOP INSTITUTIONAL INVESTORS Holder Shares % Stake The Vanguard Group Inc. 3,753,853 6.99 BlackRock Fund Advisors 3,239,086 6.03 Dimensional Fund Advisors LP 3,101,407 5.78 STOCK WATCH (as of noon August 4) Ticker Symbol: B Stock Price: $39.66 Market Cap: $2.14B 52 Week Range Price: $30.07–$41.78 Outstanding Shares: 53.69M CORPORATE SUITE Stock Non-equity Executive Title Salary Bonus Awards Incentive Total Patrick J. Dempsey President/CEO $793,750 $0 $2,539,258 $267,840 $4,525,358 Christopher J. Stephens Jr. CFO/Sr. VP Finance $461,000 $0 $608,817 $102,895 $1,607,490 Richard R. Barnhart Sr. VP, Pres., Barnes Aerospace $375,000 $0 $408,698 $33,480 $1,080,702