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Indus Realty Trust diversifies into new markets as sprawling New England Tradeport development fills

In 1978, cigar company Culbro Corp. completed a roughly 40,000-square-foot warehouse on a former tobacco field in East Granby, its first foray into industrial development.

Culbro – which today is known as Indus Realty Trust – developed a 600-acre industrial park around that first building, spanning parts of East Granby and Windsor. Forty-four years later, Indus has nearly filled the park. ....

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Tim Lescalleet

Tim Lescalleet
hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.

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2021 Power 25 Real Estate: Tim Lescalleet

2021 Power 25 Real Estate: Tim Lescalleet
hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.

Thomasm Tim Lescalleet , Tim Lescalleet , Bradley International Airport , Indus Realty , Greater Hartford , Bradley International , Indus Realty Trust , Griffin Land , New England Tradeport , Day Hill Road , பிராட்லி சர்வதேச விமான , அதிகமானது ஹார்ட்ஃபோர்ட் , பிராட்லி சர்வதேச , இஂடஸ் ரியல்டீ நம்பிக்கை , கிரிஃபின் நில , புதியது இங்கிலாந்து வர்த்தக துறை , நாள் மலை சாலை ,

INDUS Announces Fiscal 2021 First Quarter Leasing, Acquisition, Development and Disposition Updates

INDUS Announces Fiscal 2021 First Quarter Leasing, Acquisition, Development and Disposition Updates
NEW YORK, April 13, 2021 (GLOBE NEWSWIRE)
INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and the impact of the COVID-19 pandemic on the Company’s rent collections:
Highlights
Signed approximately 202,000 square feet of first generation leases on in-service industrial/logistics portfolio bringing industrial/logistics portfolio to 99.2% leased as of March 31, 2021; subsequently increased to 99.4% leased
Signed a fifteen-year lease agreement and development agreement with Amazon for an approximately 141,000 square foot build-to-suit industrial/logistics building on the Company’s land parcel on Old Statesville Road in Charlotte, North Carolina ....

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