2 Waterside Crossing, Windsor, CT 06095 For Sale

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 2 Waterside Crossing in Windsor, Connecticut, an 88,153-square-foot, four-story, multi-tenant office building.

Positioned within a premier corporate office park approximately 12 miles from Downtown Hartford, the property offers a distinctive physical presence defined by ribbon window lines, a waterfront setting, and a prominent columned entrance. The building has been well maintained since its original construction and presents a modern, professional environment supported by ample parking and functional floor plates suited for a range of office users.

The property is currently 76% occupied and offered at approximately $79.30 per square foot and a 9% in-place cap rate, providing immediate cash flow with a clear path to income growth through the lease-up of approximately 21,400 square feet of existing vacancy. In-place rents of approximately $12 per square foot compare to market leasing comps in the $16–$18 per square foot range, supporting a defined mark-to-market opportunity.

Tenancy is anchored by established users including Swiss Re Management, AmeriLife, and Community Health Resources (CHR), with CHR occupying approximately 18,000 square feet. Many tenants have long-term occupancy within the building, contributing to stable in-place income.

The property is part of a larger office park totaling approximately 375,000 square feet, home to major corporate users including The Hartford and Cigna. Planned redevelopment within the park, including the addition of 200+ residential units, is expected to further enhance the live-work dynamic of the area.