March 28, 2025 – Matt Nadler of Horvath & Tremblay has successfully completed the sale of Webster Bank in Windsor, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,000,000.
Webster Bank is located at 2100 Poquonock Avenue in Windsor, Connecticut. Webster Bank has been at this location since 1999 and just extended their lease, demonstrating their commitment to the site and the market. Webster Bank has 10 years remaining on their Absolute NNN lease with two (2), 5-year renewal options. Webster Bank’s lease calls for attractive 2% annual increases in rent. Webster Bank (NYSE: WBS) is a leading commercial bank focused on delivering financial solutions to businesses, individuals, and families and has approximately 200 locations. The Property is well located along Poquonock Avenue (CT Route 75) and benefits from outstanding visibility and frontage. The Property is positioned at the signalized intersection with the on-off ramp of CT Route 20 (Bradley International Airport Connector) and is just 1.5-miles from Bradley International Airport, the second largest airport in New England. The location is part of a dominant trade area centered around the airport with numerous hotels, businesses, and national tenants drawing significant traffic to the area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.