West Hartford apartment developer eyes conversion of Windsor Locks office building following $650K purchase
CoStar
2 Elm St., Windsor Locks
A West Hartford apartment developer recently paid $650,000 to manufacturer Ahlstrom for a vacant office building in Windsor Locks.
In a deed recorded May 1, Hexagon Elm Street LLC – a company sharing an address with West Hartford-based apartment developer Hexagon Group – bought the 52,416-square-foot, brick-sided office and research building on 5.8 acres at 2 Elm St.
Listing broker Alton Moss, with Berkshire Hathaway HomeServices New England, said the new owner hopes to convert the building into a mix of apartments and retail. The property had been on the market since November 2023, and attracted several potential buyers before Hexagon closed, Moss said.
The property is located near the Connecticut River and is a short drive to Bradley International Airport.
The seller, Ahlstrom Nowovens LLC, is affiliated with Ahlstrom, a specialty manufacturer of fabrics and materials for the medical, food and other industries.
The principals of buyer Hexagon Elm Street LLC are Jin Hong Capital LLC and KAJA Investments LLC. KAJA’s principal is Guang Li.
Justin LaFountain, senior vice president of planning and economic development with land-use and development consultant Goman + York, is filling the town planner role in Windsor Locks. LaFountain, on Wednesday, said the town has discussed the property’s conversion potential with “multiple people” in the past, but he could not say what discussions have been had with the new owner.
There has been no project application submitted to the town yet, he said.
A conversion to apartments at 2 Elm St. would require a change in zoning regulation, or a special permit from the town Planning and Zoning Commission, LaFountain said.
Attempts to reach a Hexagon representative were not immediately successful Wednesday morning.
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