J
ennings Real Estate Services has successfully brokered a $14.96 million industrial warehouse sale in Windsor, Connecticut, showcasing the firm's expertise in navigating Hartford County's competitive commercial real estate market. The transaction demonstrates Jennings' ability to facilitate complex deals on behalf of international clients.
The buyer, Bodum USA Inc., acquired a 226,429-square-foot property located at 550 Marshall Phelps Road, situated on 29.7 acres. This strategic location will serve as a key hub for Bodum's U.S. operations, providing ample space for future expansion and modern amenities to optimize processes.
"We are proud to have supported Bodum in this pivotal transaction," said Kevin Jennings, President of Jennings Real Estate. "Their decision to invest in Windsor underscores their strong commitment to expanding their U.S. operations."
The acquired property features 178,601 square feet of warehouse space, 47,828 square feet of office space, and eight dock-high doors. The building's modern design and strategic location make it an ideal spot for Bodum's North American operations.
This acquisition positions Bodum for enhanced logistical capabilities and future growth in the U.S. market. Jennings' expert management ensured a smooth closing, solidifying their reputation as a leader in commercial real estate brokerage.
Bodum's expansion is expected to bring economic benefits to the Windsor area, including potential job creation and increased business activity. The company plans to fully transition its operations into the new space in the coming months.
For more information on this transaction and Jennings Real Estate Services' expertise in commercial real estate, visit their case study at https://jennings-re.com/industrial-warehouse-sale-windsor-ct.
