The real estate investment and development firm has been one of the most active industrial developers north of Hartford since 2015, when it paid $12 million for Hallmark’s 1-million-square-foot distribution center and 324 associated acres in Enfield. In August, Winstanley paid $122.3 million for a 1-million-square-foot Windsor warehouse, at 200 Old Iron Ore Road, that hosts an Amazon fulfillment center under a long-term lease. In October, it paid $4.6 million for a 133.6-acre Enfield site, at 1679 King St., already approved for more than 600,000 square feet of logistics development. Days later, Winstanley announced it had settled a legal challenge brought by Enfield residents, which will allow it to build an 819,000-square-foot warehouse at the former Hallmark campus, on Bacon Road. Winstanley will partner with Kansas City-based NorthPoint Development on a roughly $135 million construction project at the Hallmark site, expected to launch early next year.
https://www.hartfordbusiness.com/article/winstanleys-latest-buying-building-spree-shows-faith-in-regions-active-but-slowing