Market
King Industries to expand to Waterbury CT
Specialty chemical manufacturers, King Industries, Inc., has purchased an 11-acre remediated brownfield site at 1975 Thomaston Avenue, Waterbury, CT to expand its Norwalk-based operations. The growing company is planning to construct an 80,000 square foot, $50M manufacturing center in the Waterbury Industrial Commons.
See attached Hartford Courant article for more information about this expansion.
Gun parts maker expands in Branford CT
Wilson Arms, a Branford CT based manufacturer of gun barrels, has recently announced it will be expanding operations with its purchase of 48 North Branford Road, Branford, a 26,000 square foot manufacturing plant. The company presently has approximately 50 employees and plans to add another 10 employees with its most recent expansion. Most of the expansion will come from the relocation of machinery from its plant in Bristol Wisconsin.
See attached Branford Eagle article: Wilson Arms Expands
Century Spring to expand in Bristol CT
Century Spring Manufacturing Co., Inc. has purchased 100 Wooster Court, Bristol, CT for $975,000. The company had considered relocating earlier this year before the Bristol Development Authority offered them a grant, along with a partial tax abatement to stay in the city. The global custom spring manufacturers will spend an additional $1M on upgrading the 33,000 SF industrial facility.
See attached Hartford Courant article for more information.
Cannondale opens new HQ
According to the Hartford Business Journal, bicycle manufacturer Cannondale Sports Unlimited has recently opened its new headquarters in Wilton CT. The Connecticut based company reportedly outgrew its existing space and relocated into 51,000 square feet for its R&D, engineering and marketing operations.
See attached HBJ article: Cannondale opens its Wilton HQ
Simmons expands in Agawam MA
McDonough, Georgia based Simmons Manufacturing Co, LLC has recently leased 48,960 square feet of office and warehouse space at 101 Almgren Drive, Agawam MA. Simmons, which has existing operations in the Agawam Regional Industrial Park, will reportedly utilize the new space for raw material warehouse and storage. The newly leased space has approximately 2,500 square feet of office space as well as 24’ – 28’ clear height in its warehouse. 101 Almgren Drive is owned by California based Four Cities Partners Ltd and master leased (and substantially occupied) by Seattle, Washington based Vaupell Holdings, Inc.
Hart Group International, a collaborative effort of Hartford, CT based Sentry Commercial and Southampton, PA Hart Corporation, was the sole broker in this lease transaction.
Transfer Enterprises expands in Manchester CT
Transfer Enterprises recently expanded its operations by leasing 260 Progress Drive, Manchester CT – a 56,000 SF high bay distribution building located in the Manchester Industrial Park. Transfer Enterprises specializes in the liquidation, valuation and buyback services of used, refurbished and new office furniture. The company is headquartered in Manchester CT with locations in South Windsor and East Hartford.
Sentry Commercial represented Transfer Enterprises in this transaction.
OPM expands in South Windsor CT
Oxford Performance Materials (OPM), has leased 12,000 SF at 250 Nutmeg Road South, South Windsor CT. The 32,800 SF multi-tenant industrial facility on 5.34 acres was built in 1988. OPM develops and commercializes advanced materials technologies for applications including 3D printed biomedical devices and 3D printed industrial parts.
Sentry Commercial was the sole broker in this transaction.
TonSha sells South Windsor CT industrial facility
Brunner Holding Company, LLC has purchased 81 Commerce Drive, South Windsor CT from TonSha Marketing-Printing. The 5,820 SF industrial facility on .78 acres sold for $480,000.
Sentry Commercial represented TonSha in this transaction.
Ashley HomeStore expands CT operations
Wisconsin based furniture retailer, Ashley HomeStore, recently signed a lease at 115-127 Park Avenue, East Hartford. They are leasing 30,000 SF of warehouse space to support their retail operations in Connecticut.
Hart Group International, a collaborative effort of Hartford, CT based Sentry Commercial and Southampton, PA Hart Corporation, represented Winstanley Enterprises LLC in this transaction.
Amazon coming to Windsor CT
It’s official – Amazon.com is opening a new fulfillment center in Connecticut. The $50M, 90-acre facility on Day Hill Road in Windsor will span 1,000,000 SF on the ground floor and include a 500,000 SF mezzanine and 79 docks. Groundbreaking is expected this December. The facility will open sometime at the end of next year, creating over 300 full-time jobs.
See attached Hartford Courant article for more information.
Fortis expands to Old Saybrook CT
According to the New England Real Estate Journal, Tennessee-based Fortis Business Media LLC, an employment, safety and environmental compliance solutions company, has signed a long-term lease for 25,000 SF in the Old Saybrook Business Park. Mill Rock Leasing LLC is the landlord of the 110,000 SF flex facility located at 141 Mill Rock Road East, Old Saybrook, CT.
Company expansions in New Haven CT
386,135 SF industrial/distribution center, 297 State Street, New Haven, CT has two new tenants:
Portable storage and moving company 1-800-Pack-Rat has leased 76,270 SF.
Office furniture, interior architecture and technology solutions company Red Thread has leased 104,425 SF.
This multi-tenant facility on 17.23 acres was built in 1995.
Change Wind expands in CT
Alternative energy company, Change Wind Corporation, has purchased 77 Anthony Street, Jewett City, CT. The company will construct wind turbines for electricity generation at the 200,000 SF former Wyre-Wynd manufacturing facility.
Price reduction in Wallingford CT
The sale price for 53 North Plains Industrial Road, Wallingford, CT has been reduced from $1,750,000 to $1,150,000. This 44,426 SF nice image industrial facility on 3.09 acres is located just off Routes 5 and 15.
See attached 53 North Plains Industrial Road, Wallingford for more information.
Avery Dennison to Close Chicopee plant
According to a recent press release by WGGB, Avery Dennison has announced it will be closing its Chicopee MA facility and transferring the work there to company facilities in Mississippi and Mexico. The 280,000 square foot facility is slated to close in June 2014.
See attached press release: Avery Dennison
New to Suffield CT market
Sentry Commercial is pleased to offer 1160 South Street, Suffield, CT for lease. This 29,920 SF industrial facility on 1.97 acres is located one mile from Bradley International Airport.
See attached 1160 South Street, Suffield for brochure, floor plan, site plan and slideshow.
OshKosh Truck renews in East Granby CT
Wisconsin based, OshKosh Truck Corp., has recently signed a long term lease renewal at 35 Nicholson Road, East Granby CT. The commercial and military truck manufacturer has been located at this 21,200 square foot, free standing facility since 1998. The landlord, B&B Parallel East Granby LLC, has owned the property since 2007.
Sentry Commercial represented OshKosh in the lease negotiations.
Price reduction in Waterbury CT
Sentry Commercial/Hart Group International is pleased to announce the lease rate for 64 Avenue of Industry, Waterbury, CT has been reduced from $4.95 to $4.75 nnn. This 66,400 SF industrial facility on 10.34 acres can be expanded.
See 64 Avenue of Industry, Waterbury for brochure, plans and slideshow.
Warren Corp closing in Stafford CT
One of the (if not THE) last textile mills in the State of Connecticut (if not the region) is closing in April. Warren Corp. will lay off its remaining 85 workers and close its Stafford CT plant after over 160 years of operations.
See attached Journal Inquirer article: Warren Corp closing
ShelterLogic expands in Watertown CT
Headquartered in CT, ShelterLogic Corporation, North America’s largest manufacturer and distributor of high quality outdoor products, has leased 102,786 SF at 1100 Buckingham Street, Watertown, CT. The 325,000 SF industrial building on 50 acres was built in 1970 and renovated in 2000.
See attached CoStar article for more information.