Chestnut Hill Associates of Simsbury, LLC purchased 690 Hopmeadow Street, a 17,000 s/f three-story historical office and retail building in the center, for $1 million.
The seller, Webster Bank, vacated their office and retail branch space at 690 Hopmeadow St. in November 2012 to move their retail operations next door to a newly constructed branch at 708 Hopmeadow St.
Chestnut Hill Associates has yet to reveal their planned use for the building, but have expressed their intention to maintain 690 Hopmeadow Street's historic presence in the center of Simsbury.
Managing partner and principal Andrew Filler of RM Bradley Brokerage Co. represented the seller and senior vice president Rich Correia of RM Bradley represented the buyer.