JLL Capital Markets secures the sale of a Class A, 165K SF warehouse facility located in Hartford County
News release
04 June 2025
NorthPoint Development acquires 105 Baker Hollow Road in Windsor, CT for $25.3M
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BOSTON, Jun. 4, 2025 – JLL Capital Markets announced today the $25.3 million sale of 105 Baker Hollow Road, a Class A,165,625-square-foot warehouse facility located in Windsor, Connecticut.
JLL represented the seller, a development joint venture between Condyne Capital Partners and an account managed by UBS Realty Investors LLC, in the transaction. NorthPoint Development acquired the property.
Completed in 2022, the property features a 32-foot clear height, 38 loading docks, one drive-in door, 58 trailer parking spaces and 117 car parking spaces. It is fully leased to Safelite, the largest auto glass specialist in the United States with more than 850 locations nationwide.
Strategically positioned five miles from Bradley International Airport and with access to I-91 and I-84, the property benefits from its location within Hartford County, a distribution hub serving 41 million people within a four-hour drive
The JLL Capital Markets team included Managing Director Michael Restivo and Directors David Coffman and Tommy Hovey. Managing Director Shawn McMahon provided local leasing and sales support.
"105 Baker Hollow presented a unique opportunity to acquire a stabilized asset in a high-demand location,” said Restivo. “Hartford County’s industrial market is experiencing unprecedented tenant demand, coupled with challenging entitlement processes and a lack of speculative construction, leading to the tightest market in recent history."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Condyne Capital Partners
Located in Braintree, MA, Condyne Capital Partners, LLC is a fully integrated real estate development firm providing a single source for all development needs in the New England market, including consultation, design, construction, and property management. Condyne develops, acquires, and invests in modern multi-tenanted industrial real estate assets. Over the past ten years, Condyne and affiliated entities have acquired and developed in excess of 20 million square feet and invested in excess of $650 million of investment capital.
About NorthPoint Development
Established in 2012, NorthPoint Development is a privately held real estate operating company specializing in developing, acquiring, leasing, and managing Class A industrial, data centers, and multi-family properties. We invest alongside our partners through various fund and venture structures to develop and acquire industrial and multi-family assets. We differentiate ourselves with a data-driven approach to site acquisitions and a high level of technical expertise in engineering, architecture, and construction. Through our in-house suite of services, NorthPoint can provide end-to-end expertise, leading to expedited solutions. We continue to operate with an entrepreneurial spirit guided by our Core Values, enabling us to deliver exceptional results for our team members, clients, and partners. NorthPoint currently has a 149.7 million square foot industrial portfolio, 6.5 thousand multifamily units developed and managed, and $19.6 billion in assets under management. Visit beyondthecontract.com or follow @NorthPointDev to learn more.