 JLL Capital Markets arranged the sale of the New England Tradeport Shallow Bay Portfolio, a collection of nine shallow bay and light industrial buildings spanning 641,631 square feet in Hartford County, CT. Senior managing director John Huguenard, managing director Michael Restivo, senior director David Coffman and director Tommy Hovey represented the seller, INDUS Realty Trust.
The portfolio is located adjacent to Bradley International Airport across East Granby, Windsor and Bloomfield. Located within the New England Tradeport industrial park, the portfolio benefits from direct access to Interstates 91 and 84. It is 98% occupied by 19 tenants.
“Hartford County has established itself as a prominent hub for e-commerce, third-party logistics and manufacturing companies due to its excellent labor market access, central Northeast location and proximity to Bradley International Airport,” said Restivo. “This portfolio’s functional design and prime location position it well to capitalize on the continued outperformance of shallow bay properties.”
Managing director Shawn McMahon provided local leasing and sales support and will manage leasing for the portfolio.
The post INDUS Realty Trust Divests Shallow Bay Portfolio Near Hartford’s Bradley Airport appeared first on Connect CRE.
​Â
