Distribution center proposed for Parker Street property in Manchester

SL 1055 Crossroads LLC recently filed an application with the town’s Planning and Zoning Commission to build the facility on a roughly 4-acre lot on Parker Street. The developer describes the property on its website as being in close proximity to Interstate 84 and next to several industrial buildings. The move continues a trend of increased growth in Connecticut for warehouses and distribution centers, which Director of Planning and Economic Developmen Gary Anderson called a “high demand market right now.” Based in Basking Ridge, New Jersey, the Silverman Group purchased 700 Parker St., for about $13 million in 2019, according to property records. The real estate company also owns various other industrial properties throughout town, including the 60,192-square-foot commercial building at 80 Utopia Road.

https://www.hartfordbusiness.com/article/distribution-center-proposed-for-parker-street-property-in-manchester

Share This Article: