J
LL Capital Markets has facilitated the $12 million sale and acquisition financing of a 190,646-square-foot Class A distribution facility at 100 Sanrico Drive in Manchester, Connecticut. The property was acquired by B&D Holdings after being represented by Sentry Commercial and Silver Edge Real Estate, while JLL represented the seller, SkyREM.
The fully leased facility features 45-foot clear heights, 24 loading positions, and 40-by-65-foot column spacing on a 10.01-acre site within the Manchester Industrial Park. Its strategic location provides direct access to major regional arteries, supporting efficient logistics and delivery throughout the Northeast.
"This property offers an attractive investment opportunity due to its affordability, quality, and accessibility," said Michael Restivo, Managing Director at JLL Capital Markets. "Its state-of-the-art features and prime location make it well-positioned to benefit from growing e-commerce and logistics demand in the Hartford area."
Located in Hartford County, the property provides access to over 41 million people within a four-hour drive while maintaining a lower cost basis than nearby metro markets like Boston, New York, and New Jersey. JLL Capital Markets secured a fixed-rate, five-year acquisition loan through Ameritas on behalf of B&D Holdings.
The JLL team involved in the transaction included Managing Director Michael Restivo, Director David Coffman, Analyst Ali Howard, Senior Director Max Custer, Managing Directors Amy Lousararian and Thomas E. Didio, Jr., and Analyst Christian Badalamenti.
