Griffin Land & Nurseries, Inc. (Griffin) operates a real estate business through its wholly owned subsidiary, Griffin Land, LLC (Griffin Land) that is principally engaged in developing, managing and leasing industrial and commercial properties. Griffin Land owns 31 buildings consisting of approximately 2.8 million square feet. Approximately 84% of this square footage is industrial/warehouse space, with the balance principally being office/flex space. Approximately 84% of Griffin Land's industrial/warehouse space is leased and approximately 93% of Griffin Land's office/flex space is leased. The Company's commercial and industrial development effort is focused on Tradeport, an industrial park located in Connecticut. Griffin Land's other commercial development in Connecticut is the combination of its buildings in Griffin Center in Windsor and Bloomfield, Connecticut and Griffin Center South in Bloomfield. Its residential markets include Simsbury, Suffield and others.