STRATFORD: Kubtec Digital X-Ray has purchased a freestanding building at 111 Research Drive for $1.045 million. The building, on 0.67 acre, encompasses 10,216 square foot and includes a loading dock.
Founded in 2005 in Milford, Kubtec Digital X-Ray, a registered trademark of KUB Technologies Inc., is a research based organization that develops digital x-ray solutions for medical, research and industrial applications.
Bruce Wettenstein, a partner at Vidal/Wettenstein, represented Kubtec Digital X-Ray, a then tenant in the building. It was purchased from 111 Research Drive Associates LLC. Angel Commercial LLC represented the seller.
“The acquisition of this property is a key element of our strategy to expand our organizational and commercial footprint.” said Vikram Butani, CEO of Kubtec Digital X-Ray. ”We will be starting work to expand our R&D facilities over the summer, while also creating new conference and training areas in the facility.” “We’re pleased to be able to remain in Stratford,” Butani said.