Bowden of the R. Calabrese Agency sells 50,000 s/f for $750,000

Bob Bowden of the R. Calabrese Agency has completed the sale of a property located at 1031 New Britain Ave. occupied by the Blast Fitness Center. The 50,000 s/f multi-level facility was formerly occupied by Bally Fitness Center and acquired by Blast Fitness in 2013 when Blast purchased a number of Bally locations. With the current sale of the property, Blast Fitness will lease the building until it finds a new facility in the West Hartford market. The sale price for the property was $750,000 and purchased by local developer INVCAP LLC who will be repurposing the building. The seller was Cape Capital West Hartford LLC, a division of Blast Fitness Acquisitions. Bowden represented both the buyer and the seller.