October 31, 2016
Deal Watch

Sold barely a year ago, Six Central Row re-listed

PHOTO | HBJ File
PHOTO | HBJ File
Downtown Hartford’s Six Central Row.
PHOTO | Contributed
408-426 Highland Ave., Cheshire.

The downtown Hartford historic office building known as Six Central Row that sold barely a year ago is back on the market, with the seller asking $300,000 more than it paid, the listing broker says.

The 15,300-square-foot building sits between Travelers Insurance and The Hartford Trust building, 750 Main St., and directly across the street from the Old State House.

New Britain commercial brokerage Amodio & Co. has the listing.

It is priced at $875,000. Current owner State House Realty Inc. disclosed last January its purchase of the building for $575,000.

Broker Eric Amodio said the owner invested an unspecified sum to spruce up the building's interior to accommodate a growing number of inquiries from existing and potential tenants. Upgrades included new LED lighting, new natural gas fired boilers, improvements to the common areas, stairwells and elevator.

Amodio said State House Realty's business model has changed since the acquisition, precipitating the sale listing. He did not elaborate.

The property currently has two tenants generating annual income of $120,388, according to Amodio's listing.

NE Seed’s East Hartford relocation

New England Seed Co. has relocated from Hartford's North End to leased space in East Hartford, brokers say.

The commercial and garden vegetable, flower and herb seed company leased 9,170 square feetof a 200,000-square-foot, multi-tenant industrial building on 39 acres at 122H Park Ave.

NE Seed previously was housed at 3580 Main St. in Hartford.

Hartford broker Sentry Commercial represented NE Seed in the lease. Landlord Olymbec East Hartford LP was self-represented.

Cheshire med-offices available

A three-building medical-office campus in Cheshire has space for lease.

Cheshire Professional Park, 408-426 Highland Ave., has a combined 24,151 square feet of space — of which 7,450 square feet is available — on 2.58 acres accessible from I-691 and I-84, according to listing broker Reno Properties Group LLC.

Available suites range from 303 square feet to 2,080 square feet, Reno said.

In August, Reno Properties affiliate RPG Holding LLC paid seller 408-426 Highland Ave. $2 million for the campus. New Haven broker CW Landmark Group represented the seller in the deal.

Farmington sublease offer

A 3,200-square-foot Farmington office suite in the shadow of UConn Health is available for up to a two-year sublease, the listing broker says.

The first-floor space is in a two-story office building at 312 Farmington Ave. The current lease expires in April 2019.

According to Hartford broker Colliers International, the space features include direct atrium visibility and access; like-new finishes throughout; large training room; oversized sidelights in all offices. Furnishings also may be available.

Between Rounds’ Vernon store

Between Rounds Bakery's second franchised location is coming to Vernon, the franchisor says.

New York franchisee Adam Wayne has leased about 300 square feet at 229 Talcottville Road for his store, according to Between Rounds founder Jerry Puiia.

Buildout of the store space, including a drive-thru lane, will begin soon, with opening set for mid- to late November, officials said. It will initially have three employees.

Between Rounds' first franchise store is at 206 Merrow Road in Tolland.

Three corporate stores are in Manchester, South Windsor and Vernon, at 243 Hartford Turnpike.

Between Rounds makes and sells breakfast and lunch sandwiches, fresh bagels and other fresh baked goods.

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