After bargain acquisition, owners breathing new life into long-neglected Windsor industrial/office complex; major warehouse expansion planned

Terrio has been the property manager for the site, which includes both office and industrial space, for 31 years, long enough to have worked for all four previous landlords. A quick tour of the complex in mid-May, however, demonstrated that things are different this time, with Terrio expressing his satisfaction with the newest owners: Bradford Wainman of Glastonbury-based commercial real estate investment firm Hollister & Moore LLC and Steven Inglese of the New Haven Group.The duo bought the site, which was appraised at $43.2 million, for just $9 million last year. Not only are they following through with over $1 million in renovations, they also have applied to the town of Windsor for a special use permit to add two 150,000-square-foot flex warehouse/manufacturing buildings on the property. The new owners said they are making the investment to renovate certain areas of the property because they see its potential. Both Inglese and Wainman say it’s the common areas, and some uncommon features, that make this complex unique.

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