Cheshire’s Everybody’s Plaza sold for $12.3M

PHOTO | Contributed Big Y Supermarket at Everybody's Plaza, Cheshire.

PHOTO | Contributed 1004-1020 Sherman Ave., Hamden.

Write a Comment

The Everybody's Plaza in Cheshire sold just days before the close of 2015 for $12.3 million.

Retail developer-landlord Phillips Edison & Co., of Cincinnati, Ohio, bought the 50,905-square-foot shopping center at 1029 S. Main St. from Cheshire's Capitol Development Associates, a family enterprise that had owned the retail plaza for years, according to sole broker Calcagni Commercial.

The buyer declined to reveal what it paid, but Cheshire town clerk records peg the sale price at $12.3 million.

Phillips Edison's other Connecticut retail holdings, according to its homepage, include the 124,218-square-foot Stop & Shop Plaza in Enfield, and the 128,766-square-foot Willimantic Plaza in Windham.

With Big Y Supermarket as its anchor, Everybody's other tenants include Dunkin' Donuts, Subway and Premiere Wine & Spirits.

Last April, Big Y acquired the assets of the former IGA supermarket that anchored the shopping plaza.

Nat’l. Relo’s Hamden space

National Relocation Solutions Inc. inked a five-year lease recently for 9,144 square feet of warehouse space in Hamden for its moving and storage operations.

NRS will have three truck docks and 20-foot ceilings in its space at 1004-1020 Sherman Ave., according to exclusive broker Press/Cuozzo Commercial Services.

With the lease, there is 13,100 square feet, plus 2,000 square feet of mezzanine offices and two truck docks still vacant at the 33,300-square-foot facility, the broker said.

WTE 1004 Sherman LLC is landlord.

$4.9M Windham retail sale

A pair of Windham shopping centers sold recently for $4.9 million, brokers say.

The North Windham Plaza and adjacent North Windham Commons is a 42,405-square-foot retail plaza situated at 351-361 Boston Post Road (Route 6) in the town's North Windham section.

RPG Windham LLC was the buyer; A & A Associates LLC and A & A Development LLC were sellers, according to sole broker Reno Properties Group.

The contiguous pair — home to 19 retail tenants — is located across Route 6 from Walmart and Home Depot.

AOS’s $1M Meriden buy

Aperture Optical Services Inc. has paid $1 million for a 23,303-square-foot Meriden industrial facility into which AOS will relocate its high-end optical component operations, brokers say.

170 Pond View Drive Meriden LLC sold the 4.27-acre property, according to broker Sentry Commercial.

AOS is currently housed at 27 Parson Lane in Durham.

$225K Hamden sale

A 21,488-square-foot Hamden industrial building has sold for $225,000, brokers say.

Morse Street Corp. on Dec. 15 purchased the property on 1.33 acres at 266 Morse St. from Tannenbaum Realty LLC, according to broker Press/Cuozzo Real Estate.

The building features four overhead doors, central air conditioning and is fully sprinklered.

Deal Watch wants to hear from you. E-mail it, along with contact information to: gseay@HartfordBusiness.com.

Gregory Seay is the Hartford Business Journal News Editor.

Working on Pride's I-91 Hartford Travel Center

CBRE sees higher area leasing, rents in '16