A Massachusetts-based mostly serious estate financial investment company not too long ago compensated $5 million for practically 20 acres of vacant professional land on a chaotic Waterbury street, in close proximity to the Cheshire border and two interchanges with Interstate 84.
The website at 3800 East Main St. is adjacent to a Kohl’s, Costco and Cafe Depot with a shared accessibility road. It had been earlier specific for progress of a Tremendous Walmart then, most just lately, a “last mile” Amazon warehouse.
TSC East Major 3800, an LLC tracing back to Raynham, Massachusetts-dependent Shearwater Improvement, paid $5 million to Waterbury Retail Investments in a deal recorded Sept. 13.
Prior possible developers have noticed as a result of substantially of the allowing course of action on the web page. The town, in 2020, altered its zoning to permit “eCommerce Fulfillment and Distribution Centers,” in a bid to facilitate the Amazon fulfillment center.
But Amazon subsequently pulled again on its amenities growth method, and a developer eyeing the website for an Amazon centre backed off.
On its web page, Shearwater lists possession of nine workplace and industrial houses, ranging in dimension from a 15,000-sq.-foot warehouse in Taunton, Massachusetts, to a 160,000-square-foot production and distribution building in Stoughton, Massachusetts.