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April 17, 2017 Deal Watch

Qualidigm occupies its new Wethersfield HQ

PHOTO | Contributed Qualidigm's new Wethersfield home, 936 Silas Deane Highway.
PHOTO | Contributed Qualidigm's open-space, interior layout.

Wethersfield healthcare consultant Qualidigm has relocated headquarters to a previously foreclosed office building in town it recently purchased for $2.1 million and renovated to support its rapidly growing operations and staff.

Qualidigm bought the 44,000-square-foot, Class B building at 936 Silas Deane Highway last October, and immediately began renovations to create an “open-space'' concept that allows more staff collaboration and innovation, CEO Tim Elwell said.

The seller was PBE Companies LLC, the foreclosure-liquidation arm of Spanish bank giant Santander SA, which operates an extensive Connecticut branch network. It was the building's third sale since 1998, said buyer's broker Colliers International.

CBRE-New England represented Providence-based PBE Companies.

Wethersfield's CT Peer Review Organization (CPRO) will occupy a portion of the building, Colliers said.

In addition to buying the corporate headquarters, Qualidigm said it leased long-term “community space” at 912 Silas Deane Highway, across the street from the main office.

The 3,300-square-foot space houses the company's board room and serves as a large meeting space for Qualidigm-hosted programs. Accommodating more than 120 people, the space also is available to other organizations from the local healthcare community to host larger meetings and programs, Elwell said.

$3.5M for Windsor Locks’ Crown Park

The acquirer of a four-building industrial complex in Windsor Locks is preparing to renovate the property as part of a tenant buildout, its lender says.

Guilford Savings Bank says it recently provided a $3.5 million commercial mortgage to the buyer of a property known as the Crown Park Portfolio, at 315-319 Ella Grasso Turnpike, near Bradley International Airport.

With only interest due initially, the debt eventually converts to a 25-year amortizing loan within 24 months.

The industrial complex consists of four buildings totaling 117,474 square feet. Three buildings are fully leased, while the fourth building is vacant, the lender said.

The property includes national and regional tenants such as United Parcel Service, Forward Air, East Coast Logistics, and Air Contact Transport.

Middletown area leaseups

Middletown broker Trevor Davis Commercial Real Estate LLC recently announced a series of area office, retail and commercial leases. Trevor Davis was sole broker, except where noted.

In Cromwell, Edward Alnas, doing business as Pizzapie, leased 2,038 square feet in the Cromwell Shopping Center, 136 Berlin Rd. Innovative Realty previously occupied the corner space.

In Middletown, New Haven's City Church Inc. signed for 7,655 square feet in a shopping center at 635 S. Main St., next to Club 24.

At 80 East Main St., Walsh Construction leased 2,015 square feet on the ground floor from landlord, Abarientos Middletown Real Estate LLC.

At 438 Main St., a series of tenants recently signed on with landlord Main LLC: Carlos Aguayo leased 788 square feet; Dwight Norwood, 302 square feet; COSYS LLC,385 square feet; John Baker, 552 square feet; and Kera Collin leased 367 square feet.

At the Sanseer Mill Office Park, 282 Main St. Extension, Columbus House leased 2,821 square feet from landlord C&S Investments LLC.n

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Gregory Seay is the Hartford Business Journal News Editor.

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