85K SF Industrial Sale in Bloomfield CT
Zurich-based industrial power/technology conglomerate ABB Inc. has purchased 45 Griffin Road South, Bloomfield to establish a product development center in North America. The 85,390 SF high-tech manufacturing facility on 9.25 acres was sold by Lanakam, LLC for $3.17M. Lanakam, LLC built the facility in 1986 for Power Systems, Inc. PSI was subsequently sold and relocated and the property was leased to JDS Uniphase/Lumentum from 1989 through early 2018. The building was expanded from 60,000 square feet to its present 84,000 square feet in 2000.
The Sentry Commercial brokerage team of Mark Duclos, SIOR, CRE, David Montano and Nick Pinto represented the seller. JLL represented the buyer in this transaction.