{"id":1004169601,"date":"2017-03-16T09:54:32","date_gmt":"2017-03-16T17:54:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004169601"},"modified":"2022-12-02T21:25:16","modified_gmt":"2022-12-03T05:25:16","slug":"nyc-investor-snags-connecticut-office-park","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nyc-investor-snags-connecticut-office-park\/","title":{"rendered":"NYC Investor Snags Connecticut Office Park"},"content":{"rendered":"<p><em>By Veronica Grecu<\/em><\/p>\n<p><strong>Windsor, Conn<\/strong>.\u2014Griffin Park Realty VV, a Brooklyn-based private equity partnership managed by Vasco Ventures, has emerged as the new owner of an office complex located in Windsor, Conn.<\/p>\n<div id=\"attachment_1004169603\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004169603\" data-attachment-id=\"1004169603\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nyc-investor-snags-connecticut-office-park\/griffin-office-park-portfolio\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg\" data-orig-size=\"800,599\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Griffin-Office-Park-Portfolio\" data-image-description=\"&lt;p&gt;Griffin Office Park &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Griffin Office Park in Windsor, Conn.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg?w=800\" class=\"wp-image-1004169603 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg\" alt=\"Griffin Office Park \" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg?resize=768,575 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004169603\" class=\"wp-caption-text\">Griffin Office Park Portfolio in Windsor, Conn.<\/p><\/div>\n<p>Cedar Rapids-based Investors Warranty of America sold the five-building portfolio for a reported $5 million in a transaction negotiated by CBRE\/New England.<\/p>\n<p>CBRE\u2019s John McCormick and Patrick Mulready represented the seller and procured the buyer for this transaction.<\/p>\n<p>\u201cWhile on the market for an extended period, this transaction certainly highlights that our region can attract new investment capital,\u201d McCormick said in prepared remarks. \u201cWe were ultimately able to secure a buyer that is committed to investing in the Greater Hartford market and to repositioning this undervalued real estate.\u201d<\/p>\n<p>The Griffin Office Park acquisition marks Vasco Ventures\u2019 first foray in the Greater Hartford area, adding to the company\u2019s existing properties in New York City, upstate New York, Philadelphia and Galloway, N.J.<\/p>\n<p>The portfolio encompasses two four-story, Class A office buildings located at 1 and 2 Waterside Crossing, and three two-story Class B office buildings located at 4, 6 and 8 Griffin Road North. These properties are conveniently located within a 600-acre master planned office park developed by Griffin Industrial Realty and providing tenants first class office and Flex\/R&amp;D workspace environments. The office complex is easily accessed from Exits 37 and 38 off Interstate 91. In-park amenities include the Vito\u2019s by the Water restaurant, numerous parking spaces, superior water views and convenient access to both campus and local area attractions.<\/p>\n<p><em>Image courtesy of CBRE New England<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The acquisition marks Vasco Ventures\u2019 first foray in the Greater Hartford area. <\/p>\n","protected":false},"author":258,"featured_media":1004169603,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,10,21747],"tags":[32789],"class_list":["post-1004169601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-northeast","category-office","tag-cbre"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NYC Investor Snags Connecticut Office Park - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nyc-investor-snags-connecticut-office-park\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NYC Investor Snags Connecticut Office Park\" \/>\n<meta property=\"og:description\" content=\"The acquisition marks Vasco Ventures\u2019 first foray in the Greater Hartford area.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nyc-investor-snags-connecticut-office-park\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-16T17:54:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-03T05:25:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Griffin-Office-Park-Portfolio.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"599\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nyc-investor-snags-connecticut-office-park\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nyc-investor-snags-connecticut-office-park\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"NYC Investor Snags Connecticut Office Park\",\"datePublished\":\"2017-03-16T17:54:32+00:00\",\"dateModified\":\"2022-12-03T05:25:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nyc-investor-snags-connecticut-office-park\\\/\"},\"wordCount\":275,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nyc-investor-snags-connecticut-office-park\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/03\\\/Griffin-Office-Park-Portfolio.jpg\",\"keywords\":[\"CBRE\"],\"articleSection\":[\"Deals\",\"News\",\"Northeast\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nyc-investor-snags-connecticut-office-park\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nyc-investor-snags-connecticut-office-park\\\/\",\"name\":\"NYC Investor Snags Connecticut Office Park - 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