It’s always rewarding when a deal we broker has a meaningful impact on a community. That’s why we are thrilled to be a part of the recent sale of the former Ball and Socket factory site in Cheshire.
Ball and Socket Arts Inc. bought the site, at 493 W. Main St. in Cheshire, from Dalton Enterprises Inc. for $725,000. It has a 63,000-square-foot building. Marty Ruff of Levey Miller Maretz represented the buyer and seller in the deal.
The site has a long history in the town; it was a working factory for more than 150 years from 1850 to 1992. The buyers have big plans for it, though, transforming it in to an arts hub. Plans call for art galleries, a brew pub, a cinema, retail, food vendors and music studios in the space. You can learn more about the plans for the site here.
The group’s mission, according to its website, is “to build a place to foster discovery, engagement and creativity through a broad range of creative arts programming, restaurants, shops and an outdoor park for relaxation and contemplation. We want Ball & Socket to be a place for everyone, whether you are coming to view an art exhibition, shopping for a cool Christmas gift or taking a break from a trek along the Farmington Canal.”
In the past, brass buttons for civil war uniforms were manufactured at the site. It was most recently owned by Dalton Enterprises Inc., which makes driveway sealer.
We look forward to watching the exciting transformation under way in Cheshire.