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September 18, 2024

MIRA Dissolution Authority sells Watertown transfer station for $2.55M

COSTAR The Watertown transfer station on Echo Lake Road.
By Greg Bordonaro

The entity working to dissolve the defunct Materials Innovation and Recycling Authority has sold off a Watertown transfer station amid a larger effort to shed assets. 

The MIRA Dissolution Authority has sold a 7,300-square-foot Watertown transfer station located on Echo Lake Road for $2.55 million, land records show. 

The buyer was KR Watertown Recycling LLC, which is controlled by Guy and Frank M. Antonacci.

Frank M. Antonacci is a top executive of Enfield-based USA Waste & Recycling, which has been expanding its presence in recent years.

The Watertown transfer station was one of four industrial properties the Dissolution Authority put up for sale 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.

Mark Daley, president and CEO of the MIRA Dissolution Authority, said there is a Thursday deadline for offers to purchase the other for-sale properties, two of which are located in Hartford.

That includes 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 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 property is a former 10,280-square-foot solid waste transfer station in Ellington, at 217 Sadds Mill Road.

Rocky Hill-based O,R&L Commercial has the listing and brokered the Watertown sale. 
 

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