Updated Oct 29, 2024
Northbridge Commercial Real Estate Acquires Industrial Property In Windsor, CT For $57M
1190 Kennedy Road, Windsor, Connecticut 06095, United States
$57,000,000
$116,089/SF
Building Size
491 SF
Asset Type
Industrial
Closing
Dec 29, 2022
About this deal
AI
The industrial property located at 1190 Kennedy Road & 451 Hayden Station Road in Windsor, CT has been sold. The transaction was completed on 12/29/2022.
Summary of transation details:
- Property Type: Industrial
- Sale Price: $57,000,000
- Square Footage: 491,810 SF
- Price per Square Foot: $116
- Address: 1190 Kennedy Road & 451 Hayden Station Road, Windsor, CT
- Market: Windsor, CT
The buyer of the property is Northbridge Commercial Real Estate, while the seller is Scannell Properties - Robert Scannell. The transaction was facilitated by Cushman & Wakefield.
Players
Windsor Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93