Windsor, CT— NorthPoint Development has acquired 105 Baker Hollow Road, a Class A, 165,625-square-foot warehouse facility in Windsor, Connecticut, for $25.3 million, according to a release from JLL Capital Markets, which represented the seller in the transaction.
The property was sold by a development joint venture between Condyne Capital Partners and an account managed by UBS Realty Investors LLC. The JLL Capital Markets team was led by Managing Director Michael Restivo, with Directors David Coffman and Tommy Hovey, and local support from Managing Director Shawn McMahon.
Completed in 2022, the modern facility boasts 32-foot clear heights, 38 loading docks, one drive-in door, 58 trailer parking spaces, and 117 car parking spaces. It is fully leased to Safelite, the nation’s largest auto glass specialist, with over 850 locations across the U.S.
Strategically located just five miles from Bradley International Airport and with immediate access to both I-91 and I-84, the facility is well-positioned within Hartford County, a vital distribution corridor that reaches over 41 million people within a four-hour drive.
“105 Baker Hollow presented a unique opportunity to acquire a stabilized asset in a high-demand location,” said Michael Restivo of JLL. “Hartford County’s industrial market is experiencing unprecedented tenant demand, coupled with challenging entitlement processes and a lack of speculative construction, leading to the tightest market in recent history.”
JLL Capital Markets is a global leader in real estate capital solutions, with more than 3,000 specialists across nearly 50 countries. The firm’s expertise spans investment sales, debt and equity advisory, and recapitalization strategies, providing comprehensive services to real estate investors and occupiers.
