Webster Bank Provides $33.2M Refinancing of Industrial Property in South Windsor, Connecticut

SOUTH WINDSOR, CONN. — Webster Bank has provided a $33.2 million loan for the refinancing of a 315,000-square-foot industrial property in South Windsor, located northeast of Hartford. The distribution building at 456 Sullivan Ave. features a clear height of 31.5 feet and was fully leased at the time of the loan closing to a single tenant. Christopher Kramer, Christopher Lozniak, Ryan Bub and Jack Fenton of Newmark arranged the loan on behalf of the owner, Metropolitan Realty Associates.