Bristol Industrial Complexes Sell for $5.65M to NY Investor

According to the Hartford Business Journal, two industrial complexes in Bristol at 550 and 575 Broad St. were sold for $5.65 million to Brooklyn-based Bristol NYCEB LLC. The properties include an 8.6-acre site with three brick mill buildings totaling 87,426 square feet and a 14-acre site with four mill buildings measuring 235,687 square feet. The new ownership plans to invest significantly in energy efficiency and infrastructure improvements while retaining existing tenants, primarily local manufacturers. An additional $6 million deal involving other property and substantial upgrades is part of the investment strategy for modernizing these facilities.

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