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WINSTANLEY LOGISTICS MANCHESTER CT

www.winstanleylogistics.com

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2 MSF WA REHOUS E/IND UST RIAL SPAC E AVAI L ABL E FO R L E A S E


WINSTANLEY LOGISTICS MANCHESTER CT

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WORLD CLASS DISTRIBUTION HUB The largest, and one of the most recognizable warehouses in New England is available for lease for the first time ever. The 1,950,398 square foot former JC Penney e-commerce fulfillment and distribution center has new ownership, Winstanley Enterprises, who is investing $40M in base-building improvements to recast the property into one of its branded Winstanley Logistics Centers. Available for Tenants from 500,000 SF and up, the landmark building is highly visible on a 160-acre parcel at the Crossroads of the two major interstates servicing Central Connecticut (I-84 and I-291) immediately off I-84 Exit 62 providing instantaneous access to the regional highway system and beyond. The structure has evolved since its construction in 1982 from a catalogue mail order operation at inception to warehousing and most recently e-commerce fulfillment. Now ready for its next phase, the building has elements which make it appeal to many categories of occupants including; 54 door cross-dock finger, 100,000 SF of 60’ clear for automated picking, loading capacity on four sides, 2,000 parking spaces and a rail siding. Winstanley Enterprises is ready for the task and has a long history of successfully repurposing industrial facilities in New England with their hands-on collaborative approach with tenants to deliver premium space aggressively priced and on schedule.

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New England’s

Logistics Hub SPECIFICATIONS

Strong corporate image, 28’ ceiling height with 100,000 SF of 60’ clear, 54 door cross-dock loading finger, loading and parking on all sides of the building.

WINSTANLEY LOGISTICS MANCHESTER CT

ACCESS

I-84 within 0.1 mile, I-291 within 0.3 miles and I-91 is 6 miles via I-291. The property is serviced by an active rail spur with short line service by CT Southern Railroad.

84 FRONTAGE AND VISIBILITY 3


COMPETITIVE ADVANTAGE

Can deliver space quicker with more aggressive pricing vs. new construction and other alternatives

SIZE

The largest block of existing warehouse space in New England with multiple subdivision scenarios for tenancy PLEASANT VALLEY ROAD

OWNERSHIP

Winstanley Enterprises is a full service landlord with a long history renovating and improving large industrial assets in the Northeast and collaborating with Tenants, consultants and other stakeholders.

DRIVE TIMES 2 HOURS

6 HOURS

4 HOURS

8 HOURS

84 237 Miles 193 Miles 126 Miles

TOLLAND TURNPIKE 116 Miles

87 Miles 60 Miles

401 Miles

Winstanley Logistics Hub 106 Miles

84

214 Miles 488 Miles 349 Miles

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WINSTANLEY LOGISTICS MANCHESTER CT

$40 MM Redevelopment Plan

• NEW RUBBER MEMBRANE ROOF • FACADE IMPROVEMENTS AND REPAIRS • PARKING LOT REPAIRS AND REPLACEMENT • UPDATED AND MODERNIZED MECHANICALS • ESFR SPRINKLERS • NEW LIFE/SAFETY EQUIPMENT • LED LIGHTING 5


Specifications ADDRESS

1339 Tolland Turnpike, Manchester, CT

YEAR BUILT

1982

TOTAL BUILDING AREA

1,950,398

AVAILABLE SPACE

1,323,749

OFFICE

33,907 SF

LAND AREA

162.43 Acres

ROOF

Rubber membrane (2018)

CLEAR HEIGHTS

28’ & 60’

COLUMN SPACING

40’ x 40’

LOADING

139 Docks (Expandable) 2 Drive in ramps (Expandable)

SPRINKLER

ESFR (2018)

LIGHTING

LED (2018)

ZONING

Industrial

PARKING

Ample existing parking with expansion Trailers: 476 Spaces Cars: 1,600 Spaces

HVAC

New direct-fired natural gas make-up air rooftop units (2018)

CONSTRUCTION TYPE

Pre-cast concrete panels/concrete blocks Reinforced concrete slab

FLOOR

28’ clear is 6” reinforced slab on grade 60’ clear is 10” reinforced slab on grade

POWER

Eversource 1,000/2,000 KVA, 480 Volt, 3-Phase with 7 substation and distributed throughout

WATER

10 “ main to building

GAS

6” gas line to building

RAIL

Connecticut Southern Rail Road

GENERATOR

150 Kilowatt Caterpillar support life safety and data

RE TAXES

$1,110,000 or $0.57 PSF

ASKING RENT

$6.00 PSF NNN

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WINSTANLEY LOGISTICS MANCHESTER CT

Conceptual Subdivision Plan

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Access

Highways, Labor & Amenities DEMOGRAPHICS 25 Minute Drive from Property Population (2017)

643,479

Civilian labor force (2017)

356,579

Unemployment rate (2017)

6.6%

labor Force Participation

84.0%

Materials Handling Count (2017)

66,992

Materials Handling %

2.0%

291 EXIT 5

*Complete labor profile available

91

DISTANCE TO

84

291

91

0.1 0.3 6.0 MILES

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MILES

MILES


84 FRONTAGE AND VISIBILITY

84 EXIT 62 THE PLAZA AT BURR CORNERS M A N C H E S T E R ,

C O N N E C T I C U T

WINSTANLEY ENTERPRISES LLC Commercial Development & Asset Management

150 Baker Avenue Ext., Suite 303 Concord | MA 02474 Tel. (978) 287-5000 Fax (978) 287-5050 www.winent.com

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WINSTANLEY LOGISTICS MANCHESTER CT

384

AMENITIES WITHIN 2 MILES OF WINSTANLEY LOGISTICS HUB

54 RESTAURANTS

4

COFFEE / FAST FOOD

3

ENTERTAINMENT

4

FITNESS

3 169

HOTELS

RETAIL / SHOPPING

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WINSTANLEY LOGISTICS MANCHESTER CT

www.winstanleylogistics.com SEAN DUFFY Executive Director 860 616 1435 sean.duffy@cushwake.com A licensed real estate broker in CT and MA Licensed affiliated with Cushman & Wakefield of Connecticut, Inc.

TIMOTHY D’ADDABBO Executive Director 860 616 1434 timothy.daddabbo@cushwake.com A licensed salesperson in CT Licensee affiliated with Cushman & Wakefield of Connecticut, Inc.

Cushman & Wakefield of Connecticut, Inc 280 Trumbull Street, 21st Floor Hartford, CT 06103 860 249 0900 cushmanwakefield.com

©2018 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.

Winstanley Logistics Manchester  
Winstanley Logistics Manchester