Winstanley acquires Windsor Fulfillment Center for $122m

Winstanley Enterprises, one of the largest regional owners and operators of commercial real estate in New England, has acquired 200 Old Iron Ore Road in Windsor, Conn. The property was purchased for $122.3 million from German Investor Deka Immobilien Investment GmbH and is leased to Amazon on a long-term basis. It was part of the open-ended real estate fund Deka-ImmobilienGlobal.

The 1,071,000-square-foot, state-of-the-art fulfillment center completed in 2014, is situated on about 89.5 acres on Day Hill Road and offers convenient access to Interstate 91. The building offers 32-foot clear heights and 50-by-50-foot column spacing.

“This was an opportunity to add a large first-class warehouse building at an attractive and convenient location,” said Adam Winstanley, principal at Winstanley Enterprises.  “We feel strongly about the long-term viability of warehouse and distribution properties, and because of that, have continued to grow our portfolio in this sector.�