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April 13, 2021

UPS inks major lease for new construction in Windsor’s NE Tradeport

A rendering of the planned 234,000-square-foot building at 110 Tradeport Dr. in Windsor, where UPS has reserved approximately two-thirds of the pending space.

One of several remaining undeveloped plots of land in the New England Tradeport in Windsor appears headed for new construction, following a fresh lease with shipping giant UPS.

UPS and NE Tradeport landlord INDUS Realty Trust (formerly Griffin Industrial Realty) signed the lease at 110 Tradeport Dr. in March, according to land records.

UPS has reserved 156,000 square feet of space in the planned new building, which will total 254,000 square feet. Windsor planning officials approved the site plans in 2019. The lease is for seven years, with options for five-year extensions. 

UPS already leases more than 70,000 square feet at the adjacent 330 Stone Road.

UPS intends to relocate the Stone Road operations to the larger 110 Tradeport site, INDUS announced Tuesday evening.

According to a Nov. 2020 INDUS investor presentation, the 15-acre 110 Tradeport property is one of two parcels of land the company is targeting for development in the tradeport, where it’s built numerous large warehouses over the years, all within a short drive of Bradley International Airport. 

The second is 105 International Dr., a 60-acre property where INDUS envisions building a 248,000-square-foot building.

This story has been updated with additional information announced by INDUS
 

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