Pizzuti isn't placing a price tag on the 996,000 sf of class A office (eight buildings) and 92 acres of undeveloped dirt. He wants to first see what offers the properties will generate as a single purchase. Independent area commercial appraisers tell GlobeSt.com on condition of anonymity the entire package should go for at least $227 million.

They base their ballpark assessment on the estimated replacement cost of the eight buildings at $200 per sf or about $199 million. The appraisers estimate the 92 acres could bring $300,000 per acre or about $6.89 per sf. Pizzuti paid Chemical Bank of New York $7.5 million or $21,429 per acre (49 cents per sf) for the land in 1994.

Greenwich Group International LLC of Greenwich, CT is marketing the Heathrow portfolio.