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April 28, 2014 Deal Watch

Duncaster starting $10M expansion this summer

Sketch of planned Duncaster Retirement Community expansion that will add new apartments and memory-care suites on its Bloomfield campus.
Photo & Rendering | Contributed

Bloomfield's Duncaster Retirement Community is launching construction this summer on the sixth expansion in its 30-year history to add more independent-living apartments and double its memory-care suites.

Work will begin in early July on 12 new apartments and 12 more memory-care suites, totaling 28,000 square feet, on the 87-acre campus at 40 Loeffler Road, said Duncaster Sales Director Carol Ann McCormick.

Construction pricetag is estimated at $10 million, McCormick said.

Opened May 15, 1984, Duncaster is comprised of 183 independent and assisted-living apartments, and 12 short- and long-term skilled nursing care suites.

“We are expanding to meet the needs of the community,” Duncaster President and CEO Michael O'Brien said in a statement. “In fact, within a week of announcing that we were adding these 12 new apartment homes, nine of them were sold.”

Hartford's Amenta/Emma Architects is project designer. Olsen Construction Services in East Hartford is contractor. Both firms were involved in the last expansion in 2011 that upgraded Duncaster's dining and hospitality amenities.

In addition, Duncaster recently added more garages for residents' cars. Staff numbers 290.

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Travel Insured’s $3.2M home

The parent of East Hartford's Travel Insured International Inc. paid $3.2 million for a Glastonbury office building that will become its new home.

The Nutmeg Group LLC bought the 32,000-square-foot edifice at 855 Winding Brook Drive from Meandering Stream 855 LLC, brokers said.

Travel Insured, provider of trip-cancellation, medical evacuation and other travel-related coverage, will expand and relocate its headquarters there from 52 Oakland Ave. in East Hartford, officials said.

Colliers International represented Nutmeg in the purchase.

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Sewer cleaner’s CT lease

National Water Main Cleaning Co. has leased 18,700 square feet in Plainville.

National Water Main, of Newark, N.J., leased the space at 75 Neal Court from landlord Neal Court LLC.

The company provides cleanout of sewer lines and other underground utility conduits.

National Water Main is a unit of Carylon Corp., billed as a provider of “disaster response'' services to corporations and municipalities.

Colliers International was the broker.

• • •

Otis’ New Britain lease

Otis Elevator Co. leased 3,679 square feet of industrial space in New Britain's Gateway Crossing industrial-warehouse facility at 1 Hartford Square.

Collier International brokered the lease between Otis and landlord Hartford Square Associates LLC

• • •

MCK Trading lease

MCK Trading & Auction leased 2,400 square feet for its Meriden showroom and warehouse.

The space at 290 Pratt St. is part of the Meriden Enterprise Center.

Colliers International represented the tenant. Berardino Realtors represented landlord 290 Pratt Street LLC.

• • •

Advance’s Avon debut

Advance Auto Parts Inc. recently opened its first Avon store at 260 W. Main St.

General Manager Muquaddim Ali oversees eight store employees.n

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

Greg Seay is the Hartford Business Journal News Editor.

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N. Britain office sale

(w/ 042114DW45RussellSt in webphotos)

Caption: 45 Russell St., New Britain

A small, two-story New Britain office building that once housed the American Red Cross sold recently for $123,500.

The 3,548-square-foot building on 0.40 acres at 45 Russell St. was once known as the American Red Cross office, brokers say.

Twigs & Cracker LLC bought the building to house the new home office of mental-health specialist ML Therapies LLC.

O,R & L Commercial represented ARC in the sale. Realty Associates was the buyer's broker.

• • •

EBP renews lease

Engineered Building Products renewed its lease at 20 Northwood Drive in Bloomfield.

EBP occupies 1,764 square feet in a building owned by LTG LLC.

Colliers International brokered the lease.

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