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Northpath Investments Lands Fully Occupied Farmington Office Building
Northpath Investments has acquired 175 Scott Swamp Road, a three-story office building totaling 100,539 square feet in Farmington, CT.
Michael Klein, Director Max Custer and Salvatore Buzzerio of JLL worked on behalf of the buyer, to secure a five-year, non-recourse, acquisition loan through bankESB.
175 Scott Swamp Road is fully occupied by ConnecitCare, Inc. a large regional health insurance provider and subsidiary of Emblem Heath who has occupied the property since it was originally constructed in 2002.
The property is part of a 16.5-acre, two-building office campus. Building Two is the sole property included in the financing as the properties are owned under separate condominium interests. The building is one of the newest in the Farmington submarket and offers on-site amenities, including a cafeteria and parking for more than 530 vehicles. 175 Scott Swamp Road is positioned 13 miles southwest of downtown Hartford.
- ◦Sale/Acquisition
