Issue link: https://nebusinessmedia.uberflip.com/i/733422
10 Hartford Business Journal • October 3, 2016 www.HartfordBusiness.com 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 NY landlord's big payday from sale of Middletown offices A Westchester County, N.Y. landlord who six years ago paid $4.8 million for a pair of Middletown medical- office buildings has sold them to one of the nation's biggest realty trusts for more than double that sum, the parties say. Seavest Healthcare Properties LLC recently sold the pair totaling 64,065 square feet at 520 and 540 Saybrook Road to Healthcare Trust of America (HTA), a Scottsdale, Ariz., real estate investment trust specializing in buying and operating existing medical-office properties. HTA said it paid about $11 million for the pair. Seavest declined to confirm the sale price, but Senior Managing Director Jon- athan L. Winer hailed HTA's unsolicited offer for the buildings as validation of its investment model. "We identified and acquired properties and did the hard work that was neces- sary to bring them to their full potential,'' Winer said in a statement. The two buildings are part of a Middle- town campus that includes three other medical-office buildings and is affiliated with nearby Middlesex Hospital. In April, HTA paid Avon medical-facil- ities developer/landlord Casle Corp. $178 million for a portfolio of medical-office properties, mostly located in Connecticut. Ex-Lady Fit space The former Lady Fit exercise studio in Newington's McBride Plaza on the Berlin Turnpike is available for lease, the listing broker says. The 3,000-square-foot space at 3153 Berlin Turnpike is outfitted with hard- wood and mirrored studios, locker room, showers, laundry room, message/recep- tion area and an office, according to Reno Properties Group LLC. Other tenants in McBride Plaza include Sprint, McBride Carpet, Munson's Chocolates and Karma's Closet. $1.75M Windsor sale A pair of Windsor industrial buildings totaling 63,400 square feet have sold for $1.75 million, brokers say. Ezra Silva Lane LLC purchased 60 Ezra Silva Lane from Clinton Street Associates. Precision Finishing Services occu- pies the 33,400-square-foot front build- ing, while All-Crate Inc. occupies the 30,000-square-foot rear building. Sentry Commercial represented the buyer and CB Richard Ellis/New England represented the seller. Koma's Windsor lease Machine-tool accessory distributor Koma Precision Inc. has leased 5,900 square feet for additional warehousing at 480 Hayden Station Road in Windsor. Makerspace 480 LLC owns the 48,000-square-foot, multi-tenant indus- trial facility on 3.57 acres. Sentry Commercial represented Koma. Colliers International represented the landlord. PAS Tech's S. Windsor lease PAS Technologies Inc. has leased an 8,400-square-foot industrial facility in South Windsor for its aerospace support operations. PAS will occupy landlord Fred B. Cuda Trustee's space at 41 Commerce Way. Sentry Commercial represented the landlord. Century 21/Clemens and Sons Realty Inc. represented PAS. 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 520 Saybrook Road (above) and 540 Saybrook Road (left) were sold this summer. 480 Hayden Station Road, Windsor. 41 Commerce Way, South Windsor. P H O T O | 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 P H O T O | C O N T R I B U T E D RAISING CAPITAL FOR YOUR BUSINESS KEYNOTE SPEAKER: LAUREN MAILLIAN AND PRESENTATIONS BY: • KC WARD Chef & Owner, Rooster Co. • MICHAEL DUNCAN Co-founder of Bankjoy • KATHERINE LYNCH Program Manager, Kiva U.S. TICKETS $50 Student & Faculty Tickets $30 Ticket price includes breakfast, keynote speaker presentation, workshops, a w a r d s c e r e m o n y and networking. OCT 6, 2016 7:30AM - 12:30PM The Bond Ballroom 11th Floor Hilton Homewood Suites 338 Asylum Street Hartford, CT THURSDAY PRESENTED BY LOOTSCOUT & Lead Sponsors Don't miss out, register now: hartfordsummit.eventbrite.com High School Inc Sponsor