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Superior Electric Building in Bristol Sells for $6.75M

BRISTOL, CT-Danaher Corp. has sold the headquarters building for subsidiary Superior Electric here to a private investment firm for $6.75 million, according to Binswanger/CBB, which brokered the transaction.

By John Jordan | Updated on October 02, 2002

BRISTOL, CT-Binswanger/CBB reports that it has brokered the $6.75 million sale of the Superior Electric building here to a private investment firm.

Danaher Corp’s Pacific Scientific Division purchased Superior Electric several years ago and has since relocated some of Superior Electric product lines to other company locations, according to Michael Treacy, vice president with Binswanger/CBB’s Philadelphia office. Pacific Scientific, a 76-year-old, worldwide company, produces technical products that focus on motion control hardware and software. The company services the semiconductor, medical equipment, robotics, fitness, packaging, specialty automation and related industries.

Binswanger/CBB represented Danaher Corp.’s PacSci Motion Control Inc. subsidiary in the sale of the modern, one-story 416,599-sf industrial building. The property is located at 383 Middle St. and is situated on 68 acres of land that is within a few miles of I-84. Danaher Corp. is headquartered in Washington, D.C.

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