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August 21, 2024

4 industrial properties owned by defunct Materials Innovation and Recycling Authority listed for sale; one has potential buyer

COSTAR/O,R&L Commercial 211 Murphy Road, Hartford
By Greg Bordonaro

Four industrial properties owned by the defunct Materials Innovation and Recycling Authority, which closed its Hartford-based waste-to-energy facility in a high-profile move in 2022, are for sale.

At least one of the properties, which collectively contain nearly 130,000 square feet of space, has attracted a buyer that’s been expanding its Connecticut footprint in recent years. 

Two of the properties are based in Hartford, including 211 Murphy Road, a 92,616-square-foot industrial building that is fully equipped and permitted as a single- and dual-stream recycling facility. The property, which also includes a weigh station and access rights to a rail spur, was the former home of a trash museum and has been listed for $8.9 million. 

Also for sale is 171 Murphy Road, an adjacent one-story, 19,200-square-foot industrial building that has been listed for $1 million. 

The other for-sale properties include former solid waste transfer stations in Ellington (at 217 Sadds Mill Road, a 10,280-square-foot building listed for $699,000) and Watertown (at Echo Lake Road, a 7,300-square-foot building also listed for $699,000).

Rocky Hill-based O,R&L Commercial has the listing, which hit the market in June. 

MIRA made the decision to close its Hartford trash plant in 2022 after it failed to come up with the financing for a redevelopment plan of the aging property. There is still uncertainty, and a lack of agreement, about what to do with the roughly 80-acre property around the plant.

MIRA as a governing entity was dissolved and replaced by the MIRA Dissolution Authority, which is overseeing the property sales.

The Dissolution Authority's board of directors on Aug. 14 agreed to sell the Watertown transfer station property for $2.25 million to KR Leasing LLC, according to Mark Daley, president and CEO of the MIRA Dissolution Authority. 

KR Leasing is controlled by Frank M. Antonacci, a top executive of Enfield-based USA Waste & Recycling, state records show. The sale of the property is expected to close early next week, Daley said. 
 

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