New England Tradeport Shallow Bay Portfolio

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for the fee simple interest of the New England Tradeport Shallow Bay Portfolio (the “Portfolio”), a collection of 9 shallow bay and light industrial buildings comprising 641,631 square feet adjacent to the Bradley International Airport in Hartford County, Connecticut.

Featuring 4.0 years of WALT, the 98% leased Portfolio comprises 19 high quality tenants (47% investment grade) including Tesla, FedEx, and Wayfair. No one tenant comprises more than 9% of the overall square footage, offering a stable, diversified cash flow. The balanced mix of single tenant, two tenant, and multi-tenant product coupled with the 27% mark-to-market and staggered rollover schedule will offer future ownership outsized returns and leasing flexibility for highly in demand suite sizes with demonstrated lease trade out success (52% since beginning of 2025).

The Portfolio is directly adjacent to the Bradley International Airport within Hartford County, which serves all affluent population bases throughout the Northeast at a significantly lower basis compared to major gateway markets such as Boston, New York, and New Jersey. The excellent labor market access, central northeast location, and proximity to Bradley International Airport established Hartford County as a prominent hub for e-commerce, third party logistics, and manufacturing companies. The record breaking levels of tenant demand within the market, challenging entitlement process and lack of speculative construction in the pipeline will drive continued strength of market fundamentals.

With an average vintage of 1997, this exceptionally well maintained shallow bay product offers highly efficient floor plans spanning suite sizes and has benefited from significant recent capital investments. Its superior quality and prime location has resulted in strong tenant retention, with current tenants averaging nearly 11 years of occupancy. The New England Tradeport Shallow Bay Portfolio presents the unique opportunity to acquire a critical mass of shallow bay properties at a compelling basis within a highly constrained market with demonstrated tenant demand and lease trade out success.