65.5-acre MassMutual office campus in Enfield sells for just under $4M
By Michael Puffer » Hartford Business »
A Branford-based development group has paid $3.99 million for the 65.5-acre MassMutual office complex off Interstate 91 in Enfield.
The property had been on the market since early 2018, when MassMutual announced plans to move about 1,500 jobs to Springfield. That cost the town its largest single employer.
In a deed recorded May 5, MassMutual sold its campus, and a neighboring sliver of land, to limited liability companies sharing a Branford address with MB Financial Group. CBRE’s Hartford office represented the seller.
Costar
The Branford real estate development and investment group has recently acquired several high-profile properties, announcing plans for apartment developments. But it has also pursued retail and parking projects.
The company and Enfield officials are so far not revealing development plans for the site.
MB Financial CEO and Managing Partner Michael Massimino – principal of the LLC that bought the MassMutual campus – declined immediate comment when reached Wednesday…
