Bradley Airport Industrial Park | 295 Ella Grasso

Jones Lang LaSalle (“JLL”), as exclusive advisor to the Owner, has been retained to market for sale the fee-simple interest in Bradley Airport Industrial Park (“the Property”), a 451,909 square foot warehouse located in Windsor Locks, Connecticut. The Property provides strong in-place cash flow on fresh short-term leases, below market rents, a balanced roll schedule, and newly secured additional loading dock entitlements. With the new docks and drive-ins, the Property has potential to be repositioned into a multi-tenant layout with smaller suites, allowing investors to achieve higher rental rates. Located adjacent to Bradley International Airport, 3.5 miles from I-91, and 14 miles from I-84, the Property boasts a strategic location with unparalleled transportation connectivity to New York City, Boston, and the surrounding Hartford County market. This offering is an exciting opportunity to acquire a multi-tenant, highly functional warehouse facility located in a rapidly expanding market.

Bradley Airport Industrial Park features a strong in-place income stream anchored by two longer term users, Multi-Mode Logistics (172,803 square feet, 3 years tenure, 5 years remaining) and Concrete Support Systems (42,505 square feet, 4 years tenure, 3 years remaining). Multi-Mode recently renewed for five years and is leveraging the asset to scale its business, and a new tenant, Fabbrica, just leased 228,874 square feet while the current owners secured entitlements for additional loading docks and drive-ins (received in June 2025). The shorter lease terms on the 2025 Fabbrica and Multi-Mode expansions preserve flexibility for the new owner to further demise the premises while maintaining a robust cash flow stream. Bradley Airport Industrial Park is positioned within Hartford County, which has shared in the expansive growth that has transformed the US industrial market since the early 2010s. The County has a significantly lower cost basis than neighboring markets such as Boston, New York, and New Jersey. Hartford County is a prominent hub for e-commerce, third party logistics, and manufacturing companies due to its excellent access to labor markets within Hartford and Springfield, MA, central northeast location, and proximity to Bradley International Airport. Investors continue to seek existing opportunities to enter the market as the market’s unprecedented tenant demand coupled with challenging entitlement processes and lack of speculative construction in the pipeline has led to Hartford County’s tightest market in recent history.