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A 75-acre industrial park property was recently sold for $32 million.
The property, located at 350 Knotter Dr. and is home to Alexion Pharmaceuticals, was sold last week, according to information in the Town Clerk’s office. The property was sold to Winstanley Enterprises LLC of Massachusetts.
The property will become unoccupied in a few years when Alexion moves to New Haven as part of Gov. Dannel Malloy’s First Five program in 2015. Town officials believe the property will not remain vacant long when Alexion does leave in a few years.
The Town will receive $80,000 conveyance on the sale, while the state will receive $400,000.
To read more about this sale, see tomorrow’s Cheshire Herald.