**JLL Arranges $12M Sale and Financing for Connecticut Distribution Facility**
JLL Capital Markets has successfully secured the $12 million sale and acquisition financing for 100 Sanrico Drive, a 190,646-square-foot distribution facility located in Manchester, Connecticut. The property is fully leased to a credit tenant, making it an attractive investment opportunity.
A JLL Capital Markets Investment Sales team—led by Managing Director Michael Restivo, Director David Coffman, and Analyst Ali Howard—represented the seller, SkyREM, in the transaction. The buyer, B&D Holdings, was represented by Sentry Commercial and Silver Edge Real Estate.
On behalf of the new owner, JLL’s Capital Markets Debt Advisory team also secured a fixed-rate, five-year acquisition loan through Ameritas. That team included Senior Director Max Custer, Managing Directors Amy Lousararian and Thomas E. Didio, Jr., and Analyst Christian Badalamenti.
“100 Sanrico Drive represented a prime investment opportunity to take advantage of affordability without relinquishing quality and accessibility,” said Restivo. “With its strategic location, high-quality tenant, and state-of-the-art features, this asset is well-positioned to benefit from the continued growth in e-commerce and logistics demand.”
