Issue link: https://nebusinessmedia.uberflip.com/i/1500886
22 HARTFORDBUSINESS.COM | JUNE 12, 2023 POWER 25 | REAL ESTATE Spotlighting commercial real estate's major influencers R ising interest rates, continued supply chain issues and overall economic uncertainty may slow some commercial real estate activity this year, but major developments, sales and leases remain ongoing across Greater Hartford. In this week's issue, Hartford Business Journal is publishing its third annual Power 25 Real Estate list, which identifies developers, brokers and economic development leaders who are having a major impact on the region's commercial real estate and development scene. This isn't an awards section. HBJ's Power 25 Real Estate class was chosen by HBJ's news team. To make the list, individuals must not only be in positions of power, they must have an outsized impact on the community. The listing includes a mix of established players as well as some fresh faces. Let us know what you think about the list, and be prepared next year to suggest new names. Greg Bordonaro Editor gbordonaro@hartfordbusiness.com Adam Winstanley A dam Winstanley continues to reshape Connecticut's industrial and commercial land- scape with real estate acquisition, innovation and industry growth. He's the founder and prin- cipal of Massachusetts-based Winstanley Enterprises, and for more than 30 years he's helped significantly grow the company's portfolio. Its 653-acre Great Pond mixed-use development site is taking shape in Windsor, and Winstanley has been meeting the demand for large-scale industrial space in the north-of-Hartford area where vacant land is available. Enfield, lately, has become a hub for Winstanley activity. Northeast dairy cooperative Agri-Mark and German biotech company Eppendorf were up and running this year in a 500,000-square-foot North Maple Street facility built and owned by Winstanley Enterprises. The new Eppendorf facility neighbors the company's Enfield headquarters on Freshwater Boulevard. Having Winstanley as a reputable developer and landlord was key to Eppendorf's expansion in Enfield, officials from the German-based company said. Another Winstanley project in Enfield is the industrial campus at 25 Bacon Road, a 1 million- square-foot distribution facility on 120 acres. The campus, along with an 819,000-square-foot distribu- tion center project at 35 Bacon Road, "serves as a bellwether for Winstanley's Logistics & Distribution portfolio as well as the Connecticut market," the company website said. Winstanley's portfolio includes work in acquiring, developing or redeveloping more than 65 projects, from multi-story, resi- dential projects, to office space, and research and development properties, including the acqui- sition and redevelopment of the former 2 million-square-foot J.C. Penney distribution center in Manchester. Alexandra Daum A lexandra Daum is about halfway through her first year as head of the state Department of Economic and Community Development, and already she's had to navigate some tricky waters. In January, Campbell Soup Co. announced it was moving its head- quarters from Norwalk to New Jersey; LEGO announced a move from Enfield to Boston; and Sikorsky's parent company announced 800 layoffs. But there have been some high- lights as well, including the May opening of Eppendorf's new logis- tics center in Enfield, firming up an innovative biosciences and business partnership between Connecticut and Germany. This summer, state officials plan to launch a $1 million marketing campaign featuring a new statewide brand to retire the "Still Revolu- tionary" campaign launched in 2012. She hopes the marketing effort draws businesses, visitors and residents to Connecticut as a place where people and families want to live, work and play. Daum wants tourism in Connecticut to include more than just beaches and orchards, but also urban centers, markets and museums. Housing and urban development are high on her priority list, including strategic brownfield remediation funding for much-needed housing or mixed-use development. Her team set lofty goals for the Innovation Corridor and Community Challenges grant programs, which provide funding for new housing development, particularly in urban areas or near mass transit. The Harvard Business School graduate is married and lives in New Haven with her two children. She was the founder of a New Haven real estate investment firm, Field Properties, and before that, she worked for commercial real estate and investment giant Trammell Crow Residential in its northern California division. While scaled back, she still owns a small rental property portfolio in New Haven. 500 ENTERPRISE DR. | 4TH FLOOR | ROCKY HILL, CT 06067 860-436-5125 | KSPARTNERSLLC.COM ASK US ABOUT OFFICE SUITES FOR LEASE A locally owned and managed real estate holding company with over five million square feet of commercial property throughout New England. We lease, construct, operate and maintain our properties while we continue to grow our portfolio and our company.