Silverman Group Purchases Industrial Portfolio
New Jersey based private equity and real estate development company, The Silverman Group, has purchased a large, multi-state industrial portfolio from Rubenstein Properties. 15 properties of the 28 property-portfolio sale are located in Connecticut and Western Massachusetts. The 15 properties, totaling over 1 million square feet, are located in Cheshire CT, Manchester CT, Windsor CT, Springfield MA and Westfield MA. Total purchase price for the entire 28 property portfolio was reportedly over $183 million.
Connecticut and Western Massachusetts properties include:
345 McCausland Court, Cheshire CT 143,115 SF
169 Progress Drive, Manchester CT 84,000 SF
227 Progress Drive, Manchester CT 17,955 SF
249 Progress Drive, Manchester CT 30,000 SF
118 Sanrico Drive, Manchester CT 40,896 SF
135 Sheldon Road, Manchester CT 60,000 SF
20 Utopia Road, Manchester CT 36,000 SF
50 Utopia Road, Manchester CT 60,000 SF
80 Utopia Road, Manchester CT .92 Acres
428 Hayden Station Road, Windsor CT 60,000 SF
430 Hayden Station Road, Windsor CT 48,000 SF
436 Hayden Station Road, Windsor CT 60,000 SF
460 Hayden Station Road, Windsor CT 42,000 SF
570 Cottage Street, Springfield, MA 175,000 SF
323 Lockhouse Road, Westfield, MA 220,000 SF