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Property Type: 393,201 sq. ft. Office/Industrial Investment Strategy: Core Plus
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East Hartford Portfolio East Hartford, CT This core plus acquisition of seven buildings was structured as a sale-leaseback with BKM Enterprises, where BKM signed a 10 year lease for 6 of the 7 buildings, providing stabilized income on 92% of the space. The portfolio comprises a diverse product base of industrial property types: one high-end single story office/flex building in business park setting, two warehouses/distribution high bay assets, two shallow bay flex properties and two contemporary manufacturing buildings with heavy power and efficient loading. The properties are located in a dense industrial and business park setting in East Hartford, including two buildings in the Founder's Plaza section located just across the Connecticut River from Connecticut's capital city. All of the properties enjoy convenient access to major distributions routes throughout the Northeast.
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