A 161,117-square-foot building hosting Pilgrim Furniture City in Southington sold for $10 million in December to prominent real estate development and investment company Winstanley Enterprises.
Pilgrim Furniture City will continue to do business at the Southington site under a four-year lease with options to extend, according to Adam Winstanley, a principal of Winstanley Enterprises.
"The acquisition was a sale-leaseback, meaning the building will continue to operate as a first-class Pilgrim furniture store," Winstanley said.