Connecticut’s hot industrial real estate market — spurred by demand for last-mile warehouse space from e-commerce giants like Amazon — has been a boon to the state’s economy, kickstarting job creation and new construction across the region.
And few have capitalized on the growing industry like David Winstanley and his sons, Adam and Carter.
Owners of the family run realty shop, Winstanley Enterprises LLC, the Mass.-based firm is Connecticut’s largest owner of warehouses.
The family, which has offices in Hartford, New Haven and Bristol, recently solidified its local prowess by buying J.C. Penney’s former Manchester distribution center, and numerous warehouses and shopping centers operated by Stop & Shop. The firm is also planning to build 500,000 square feet of laboratory and life-sciences incubation space in downtown New Haven and is developing the long-awaited Great Pond mixed-use development in Windsor.