NorthPoint Development Acquires Warehouse Facility At 105 Baker Hollow Road For $25.3M

A 165,625-square-foot industrial warehouse facility located at 105 Baker Hollow Road in Windsor, CT was sold for $25,300,000. The asset, fully leased to Safelite, is noted for its modern logistics amenities and strong regional connectivity, designed to serve a significant distribution hub catering to 41 million people within a four-hour drive.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,300,000
• Address: 105 Baker Hollow Road
• Market: Windsor, CT
• Square Footage: 165,625
• Price Per Square Foot: $153
• Buyer: Nathaniel Hagedorn - NorthPoint Development
• Seller: Jeffrey O'Neill - Condyne Capital Partners
• Brokers: David Coffman, Michael Restivo & Tommy Hovey - JLL

JLL Capital Markets facilitated the transaction, representing the sale of the property. The involvement of NorthPoint Development highlights their interest in acquiring properties with strong leasing potential within logistics-oriented markets.