Newmark Arranges $79.2M Sale of Industrial Property in Bristol, Connecticut

BRISTOL, CONN. — Newmark has arranged the $79.2 million sale of Bristol Logistics Center, a 1.1 million-square-foot industrial property in Connecticut. The rail-served site spans 179 acres and formerly housed a General Motors manufacturing plant. Treetop Development acquired the property from an entity doing business as Bristol Center LLC. Jeff Fishman, Cory Gubner and Alex Haendler of Newmark brokered the deal. At the time of sale, Bristol Logistics Center was 93 percent leased to three tenants: Firestone, Clark Dietrich and Arett Sales.