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20 Hartford Business Journal • August 21, 2017 www.HartfordBusiness.com 52-unit Ashford Hills Apts. bring $3M T he 52-unit Ashford Hills Apartments in Ashford sold recently for $3.05 mil- lion, or $59,000 per unit, brokers say. Affordable Realty One LLC sold the prop- erty at 95 Varga Road to Naviah Investment LLC, of Brookline, Mass., said sole broker Northeast Private Client Group (NPCG). The sale closed July 26. Ashford Hills consists of 28 one-, 20 two-, and four three-bedroom units, each with parking. Recent improvements include updated unit interiors, NPCG said. The property has historically run a high occu- pancy, partly due to high demand for apart- ments in neighboring towns, including UConn's hometown of Mansfield. Vernon price cut The price has been cut 10 percent, to $990,000, on a 34,646-square-foot Vernon industrial building, brokers say. The building on 5.13 acres at 60 Industrial Park Road also has 7,686 square feet of office space and is equipped with 600- and 1,200- amp power, one dock and three drive-in doors, said listing broker Sentry Commercial. As recently as last January, the asking price was $1.1 million. Plainville med-office for lease A 3,883-square-foot medical-office suite in Plainville is for lease, brokers say. It is the only remaining space in the 72,000-square-foot Class A building at 201 North Mountain Road, said listing broker Goman+York Real Estate Advisors. The building and site offer ample park- ing, including a drop-off entrance; an infu- sion center with private patient bays; an atrium with a stone fireplace and staircase; and an outdoor reflection garden, with walking path and a small pond. Stone Valley Granite lease Stone Valley Granite & Marble moved recently into a 14,500-square-foot flex build- ing in New Britain. Stone Valley moved in June into the space at 60 Wooster St. after signing a long-term lease with landlord 60 Wooster Street LLC. Colliers International was sole broker. Lennox's Hartford lease Lennox Industries Inc. has leased 10,800 square feet of industrial space at 110 Mur- phy Road in Hartford, brokers say. Sentry Commercial represented Lennox. Colliers International represented landlord South Meadows #7 LLC. $795K Bloomfield listing A 22,710-square-foot industrial facil- ity in Bloomfield is for sale at $795,000, brokers say. The building at 9 Britton Drive sits on 3.44 acres and is located in the Gateway Business Park. Sentry Commercial is the broker. Bloomfield bus-barn renewal Ohio school-bus operator First Student Inc. has renewed and expanded its existing lease in a Bloomfield building to store and maintain its bus fleet. First Student, based in Cincinnati, renewed its 12,270-square-foot lease and added an extra 5,640 square feet at 522 Cottage Grove Road. 522 Cottage Grove Road is a 64,000-square- foot, multi-building industrial complex on 22.3 acres owned by Kinneret Associates LP. Sentry Commercial was sole broker. E. Hartford renewal Energy-industrial products developer Sustainable Innovations LLC has renewed its lease on 8,846 square feet in East Hartford. Sustainable remains at 111 Roberts St., a 74,722-square-foot industrial facility on 6.34 acres. David Associates 111 LLC is the property's landlord-manager. Sentry Commercial represented the ten- ant in the lease. n Gregory Seay DEAL WATCH CORPORATE PROFILE Kaman Corp. 1332 Blue Hills Ave., Bloomfield | wwwkaman.com Kaman Corp. makes products for the aerospace and distribution industries, including aircraft bearings and components. Top Executive: Neal J. Keating, Chairman, CEO & president FACT BOX Industry: Aerospace/defense products and services 2Q 2017 Revenue: $449M 2Q 2017 Net Income: $13.5M Quarterly Profit Change: ($3M) Cash: $27.8M Employees: 5,265 Competitors: Spirit AeroSystems Holdings Inc. W.W. Grainger Inc. United Technologies Corp. TOP INSTITUTIONAL INVESTORS Holder Shares % Stake Gamco Investor Inc. 3,610,791 13.28 Blackrock Inc. 3,519,476 12.94 Vanguard Group Inc. 2,408,989 8.86 STOCK WATCH (as of noon Aug. 16) Ticker Symbol: KAMN Stock Price: $49.79 Market Cap: $1.39B 52 Week Range Price: $40.85–$53.41 Outstanding Shares: 27.19M CORPORATE SUITE Stock Non-equity Executive Title Salary Bonus Awards Incentive Total Neal J. Keating Chairman/President/CEO $972,000 $0 $0 $932,980 $2,281,056 Robert D. Starr EVP/CFO $446,600 $0 $0 $266,006 $822,056 Gregory Steiner EVP/Pres. Kaman Aerospace $460,688 $0 $51,512 $115,195 $771,878 P H O T O S | C O N T R I B U T E D (Clockwise from top left) Ashford Hills Apartments, 95 Varga Road, Ashford; 9 Britton Drive, Bloomfield; 522 Cottage Grove Road, Bloomfield; 111 Roberts St., East Hartford.