Farrelly of Cushman & Wakefield renews 212,340 s/f for Jeld-Wen, Inc.; Ross of Hart Corp. represents landlord Winstanley Enterprises

January 05, 2012 - Northern New England

Thomas Farrelly, Cushman & Wakefield

36 Precision Drive - North Springfield, Vermont

Jeld-Wen, Inc. has signed a long-term lease renewal for 212,340 s/f of industrial space at 36 Precision Dr. said Cushman & Wakefield. A global window and door maker, JELD-WEN utilizes the site for product manufacturing for the New England region.
JELD-WEN was represented by Bo Mills, Mark Detmer, Will Strong, and Jackie Orcutt of the Phoenix office of Cushman & Wakefield, and Thomas Farrelly of Cushman & Wakefield's Manchester office.
Landlord WE 36 Precision Drive LLC, an affiliate of Winstanley Enterprises, was represented by Arthur Ross of Hart Corp.
"With its prime location near I-91, this facility is well-suited for JELD-WEN for serving its regional market," said Mills. "Recently renovated, this industrial property works well for the company's business."
Originally constructed in 1968 as a single-tenant precision tool manufacturing facility, 36 Precision Dr. was completely renovated in 2006 and converted into a multi-tenant property. The building totals 373,000 s/f, expandable to 600,000 s/f, and occupies 15 acres within a 213-acre industrial tract.


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