SKDC has acquired the building located at 620 West Main Street in Norwich, Connecticut, formerly occupied by Friendly's restaurant.
“This property is located adjacent to Marcus Plaza, one of Simon Konover’s early retail developments,” according to James Wakim, President and Chief Operating Officer of The Simon Konover Company. “We are pleased to expand our investment and commitment in the Norwich community and look forward to attracting a new tenant to the building.”
The former restaurant building, which sits on approximately one acre of land, was renovated in 2011. SKDC closed on the acquisition on September 27, 2012 and is currently seeking a tenant for the property. The property abuts Marcus Plaza which is owned by Norwich Realty Associates, LCC, a Simon Konover-related entity. Marcus Plaza is a community shopping center anchored by Shop Rite and TJ Maxx.
Headquartered in West Hartford, Connecticut, SKDC is a division of The Simon Konover Company. Started over 50 years ago, The Simon Konover Company is a fully integrated real estate organization nationally-recognized as one of the premier real estate entities operating throughout the Midwest and Eastern United States.
The Simon Konover Company cumulatively employs hundreds of people through its operating companies including Konover Commercial Corporation, Konover Hotel Corporation, Konover Residential Corporation, Simon Konover Development Corporation, SIKON Construction Services, LLC, and Konover South, LLC. The Simon Konover Company and its related-entities own and manage over 9,800 apartment units, 3.5 million square feet of office and industrial space, 2.8 million square feet of retail space, and a portfolio of limited service hotels.