Hartford Business Journal

18 Hartford Business Journal • September 5, 2016 www.HartfordBusiness.com 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 Goodwill Brookfield | 2007 | 13,050 sq. ft. Goodwill Westport 2011 | 9,960 sq. ft. Goodwill Torrington 2002 | 14,690 sq. ft. Contact us at 1-855-BUILD-86 or visit us on the web. Keiler & Co.'s ex-Farmington home sells for $1.425M T he 26,361-square-foot former home to the defunct Keiler & Co. advertising- marketing agency recently sold for $1.425 million to a New York City apart- ment-commercial developer who is reimag- ining potential uses for the 8-acre property. Yisroel Rabinowitz, who converted a former downtown Hartford masonic lodge into 26 apartments on Ann Uccello Street and owns 11 Asylum St. downtown, among other central Connecticut commercial properties, said he bought the property at 304 Main St. (Route 10) from Lynn Taylor, Keiler's former chief executive officer. Keiler, which closed its doors in Aug. 2015, at one time had as many as 60 peo- ple stationed in the two-story, L-shaped building, portions of which date to 1713 when it was a farmhouse, according to LoopNet.com. Over the years, several additions — the last in 1994 — expanded the building to its current size. Rabinowitz said he is in talks with Farmington town planners about several options for "the highest and best use'' for the bucolic, tree-lined property near the intersection with Colt Highway/Route 6. One idea, he said, is for a restaurant in the farmhouse portion of the building, with indoor-outdoor seating. Another is to retain it as an office building or convert it to a combination office-retail edifice. It has parking for 94 vehicles. Currently, the building has a pair of small tenants who lease month-to-month, Rabinowitz said. Hamden church's call-center lease Hamden's Love Center Deliverance Ministry church has leased the former AT&T call center building in town for its new home, brokers say. Love Center inked a long-term lease for the 46,600-square-foot facility on 3.47 acres located at 335 Putnam Ave., less than a mile from its current home at 19 George St. Hamden broker Press/Cuozzo Realtors said it represented landlord 335 Putnam Avenue LLC and procured the tenant in lease talks. Oventrop renews in E. Granby German valve maker Oventrop Corp. has renewed its lease for a second time on 8,160 square feet in East Granby's Airport Business Center, brokers say. Based in Olsberg, Germany, Oventrop occupies space within the 48,480-square- foot facility at 29 Kripes Road. Its valves and controls are used for heating, cooling, air-conditioning, balancing and radiator valves, and underfloor heating. Airport Business Center III L.P. is landlord. In 2009, Oventrop renewed its lease and doubled to its present footprint at ABC. Sentry Commercial was the sole bro- ker in the lease. Sustainable's E. Hfd. expansion Critical energy and industrial prod- uct developers Sustainable Innovations LLC has expanded into 8,846 square feet of industrial space in East Hartford. David Associates 111 LLC owns the 74,722-square-foot facility on 6.34 acres at 111 Roberts St. Sentry Commercial represented Sus- tainable in the lease. Bloomfield parcel price cut The asking price for a 17.6-acre parcel on Bloomfield's Woodland Avenue has been cut by $150,000, to $1.125 million, brokers say. The acreage at 270 Woodland Ave. is in the shadow of the Niagara Water Bottling facility under construction at 380 Woodland Ave. It is suitable for residential and commer- cial development, according to listing broker Reno Properties Group of Newington. It is also within the Day Hill Road corpo- rate area. Development potential includes residential and commercial, Reno said. 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 Ex-advertising-marketing agency Keiler & Co.'s former Farmington office building, 304 Main St. P H O T O | L O O P N E T . C O M Find your [ Done Deals ] place. 860-638-2958 liberty-bank.com $27,000,000 construction to permanent mortgage on a grocery-anchored retail center in Shelton, CT $2,600,000 construction to permanent mortgage on an apartment building in Ridgefield, CT $3,375,000 purchase of an office/apartment complex in Milford, CT MEMBER FDIC EQUAL HOUSING LENDER

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