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JV buys 186,603-square-foot industrial property in Windsor, Connecticut
The fully leased asset, built in 1975, is occupied by Howden USA’s Spencer division under a lease that runs through November 2034.
A joint venture involving Regal Ventures, Snowball Developments, and Devli Real Estate acquired a 186,603-square-foot, single-tenant industrial property at 600 Day Hill Road in Windsor, Connecticut, near Hartford’s Bradley International Airport, according to ConnectCRE.
ConnectCRE said the acquisition price was not disclosed. The facility was built in 1975 and is fully leased by the Spencer division of Howden USA Companies, a wholly owned subsidiary of Chart Industries.
The tenant, historically known as the Spencer Turbine Company, manufactures heavy-duty, highly engineered air and gas handling equipment. ConnectCRE reported that Spencer has occupied the building since the mid-1970s and holds a lease extending through November 2034.