Cheshire, Connecticut

Noted as one of the larger industrial sales of 2007, UniStar Properties, LLC, headquartered in Maryland has acquired 350 Knotter Drive in Cheshire, Connecticut from Winstanley Enterprises, d/b/a WE Knotter, LLC, for $31.1M. CB/Richard Ellis, with offices in Hartford and New Haven represented Winstanley Enterprises in the sale.

The property is a 100% leased 171,211 square foot biotech research and development facility situated on a 75 acre tract. Represented by Colliers Dow & Condon, this was UniStar’s third purchase in Connecticut this year. UniStar earlier acquired and has repositioned a 30,660 SF manufacturing building in East Hampton, Connecticut and a 77,130 research and development facility on Tower Lane in Avon, Connecticut. Colliers will be representing UniStar Properties, LLC in the disposition of these smaller properties.

About Colliers International

Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 10,092 employees span the world in 267 offices in 57 countries. On a worldwide basis, Colliers manages 672,945,918 square feet, and has revenue of $US 1,620,958,349.

Contact Information

Please Contact:

James J. Stanulis, SIOR
(860) 249-6521, Ext. 215

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