Vidal/Wettenstein and CBRE sell 142,000 s/f for $4.4 million

Newtown, CT Kimball Midwest, a national industrial supplier based in Ohio, will open its fifth distribution center in the first half of 2022 when it begins operations at a 142,000 s/f facility.

The building, located on 41 acres, will allow Kimball Midwest to provide enhanced service to its customers throughout the northeastern United States. The site was an electrical components factory for Hubbell Inc. until it closed in 2019.  The sale price was $4.4 million.

Bruce Wettenstein, SIOR & partner with Vidal/Wettenstein represented Kimball Midwest.  Lou Zuckerman and Patrick Colwell of CBRE were the listing brokers.

“We look forward to opening our first distribution center in the northeast,” Kimball Midwest president and CEO Pat McCurdy said. “This site will position the best sales team in the industry to provide next-day delivery to our current east coast customers and will bring the Kimball Midwest Experience to even more customers around the region. Additionally, we will bring jobs to the Newtown area upon opening.”