Spinnaker acquires Hartford’s 55 Elm, nearby parking lots for $6.8M

Spinnaker on Wednesday purchased the 30,000-square-foot office building at 55 Elm St. from a partnership involving West Hartford’s Simon Konover Co., records show. Simon Konover erected the building, used in recent decades for state workers, in the mid-1920s as headquarters for former Connecticut General Life Insurance Co., Cigna’s predecessor. Spinnaker co-partner Matthew Edvardsen said his firm is now designing plans to renovate the offices formerly housing the state attorney general, comptroller and treasurer for hotel, office and retail use. “There are a lot of things to put together before we present the vision to the community and the city,” Edvardsen said Friday. “We want to make sure it’s a plan that everyone can get behind.”

https://www.hartfordbusiness.com/article/spinnaker-acquires-hartfords-55-elm-nearby-parking-lots-for-68m