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February 22, 2016 Deal Watch

Fresenius' on-site dialysis clinic opens in Windsor

PHOTOs | Contributed Fresenius Medical Care Windsor's new Windsor dialysis clinic at 1 Emerson Drive.
697 Parker St., Manchester.

Fresenius Medical Care Windsor has opened its newest Connecticut dialysis clinic inside the Genesis Kimberly Hall South skilled nursing facility at 1 Emerson Drive.

The 6,490-square-foot clinic can treat a maximum 54 kidney patients per week, according to parent Fresenius Medical Care North America. Fresenius, based in Waltham, Mass., claims to currently treat about 400 Hartford area patients, and counts 14 dialysis clinics statewide.

The landlord is Genesis HealthCare, of Kennett, Pennsylvania.

$1.28M Bloomfield tract

An undeveloped 17.6-acre Bloomfield tract in the shadow of Day Hill Road is listed at $1.275 million, brokers say.

Zoned industrial, the acreage at 270 Woodland Ave., near Essex Lane, has easy access to I-91, via Day Hill Road, according to listing broker Reno Properties.

It also sits among clusters of single- and multi-family housing, making residential development an alternative use, and is proximate to other corporate and commercial enterprises along Woodland Avenue, Blue Hills Avenue and Day Hill Road.

Hartford Winnelson's lease

Plumbing-heating hardware supplier Hartford Winnelson Co. has leased 8,987 square feet of industrial and office space at 522 Cottage Grove Road in Bloomfield for a second area location.

Kinneret Associates L.P. owns the 64,000-square-foot industrial complex on 22.3 acres.

Hartford Winnelson also has a parts-house/showroom at 287 Homestead Ave., in the city's North End.

Sentry Commercial, in conjunction with Hart Group International, was sole lease broker.

Mansfield apts. pre-lease

Mansfield's Meadowbrook Gardens has begun pre-leasing its first 50 units of three phases of apartments set for mid-spring opening to house students at UConn and Eastern Connecticut State University.

Each three-bedroom unit ranges in size from 1,280 square feet to 1,500 square feet and rent from $2,129 to $2,200 a month, according to developer Uniglobe Investment LLC. Each has central air conditioning, in-unit washer-dryers, and a garage.

First move-ins are set for May or June, officials said.

Artisan Development LLC is general contractor.

Meadowbrook will have 150 apartments once all three construction phases are completed, according to principal Fairfield County investor Zhifeng “Jack” Yang.

The pricetag for a fully completed Meadowbrook Gardens is pegged at $29.5 million, about 40 percent of which will be funded under the U.S. Citizenship and Immigration Service's EB-5 initiative, officials said.

Meadowbrook is one of Connecticut's first commercial realty projects financed under the 26-year-old federal program that allows foreign nationals to earn a U.S. visa by making sizable American investments.

Manchester bldg. listed

A 6,000-square-foot Manchester industrial building is on the market for $415,000, brokers say.

The 26-year-old building on 0.48 acres at 697 Parker St. has twin 12-foot by 12-foot drive-in doors; 1,050 square feet of office space; a new shingle roof; and 600-amp electric service. It has parking for 20 vehicles.

Sentry Commercial is listing broker.

$795K Bristol listing

A 17,792-square-foot Bristol industrial-flex building, with potential to serve as offices, is for sale at $795,000, brokers say.

The building that at one time housed Advanced Printing Service Inc. was originally erected on its one-acre parcel in 1964, but underwent extensive refurbishing in 2003, according to listing broker Sentry Commercial.

It has one drive-in door and 5,000 square feet of office space. Economic incentives related to the property also are available from the city of Bristol, Sentry said.

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.

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