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February 5, 2025

Two Windsor office buildings with high vacancy rates set to be auctioned 

COSTAR 8 Griffin Road N, Windsor
COSTAR 4 Griffin Road N, Windsor
By Greg Bordonaro

Two office buildings in Windsor, a town that faces one of the highest office vacancy rates in the state, have hit the market and will be auctioned to bidders in the coming months. 

Both buildings, with a combined 132,796 square feet of space, are located in the Griffin Office Center. They will be sold via auction website Ten-X between March 31 and April 2, according to a listing. 

The properties include 4 Griffin Road N, which has a two-story, 65,554-square-foot office building set on 6.67 acres. It is 100% vacant and has a starting bid price of $400,000.

The other is 8 Griffin Road N, which has a two-story, 67,242-square-foot office building on 7.52 acres.  It is 80% vacant and has a starting bid price of $550,000. 

Both properties were built in 1980 and owned by limited liability companies controlled by Cheskel Meisels, property records show. 

Meisels bought the properties in 2022 for $7 million, records show; 8 Griffin Road N has a current appraised value of $1.6 million, while 4 Griffin Road N has an appraised value of $1.4 million. 

Philip Gagnon, a principal at Colliers, has the listing. 

Windsor’s office market has been hit hard since the pandemic reduced demand for office space.

A consultant helping the town of Windsor chart a new course for some of its empty commercial space, in January reported that 2 million square feet of office space in the town’s Day Hill Road commercial corridor is currently available for lease or sale, about 60% of the overall inventory.
 

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