A major energy corporation from the Fortune 500 has recently secured a lease of 214,000 square feet at 130 Huntingdon Avenue in Waterbury, Connecticut. This deal marks the state’s most significant industrial lease thus far this year.
The property was previously owned by Illinois Tool Works but has since been transformed into a top-notch class “A” industrial building by River Bank Construction. The conversion process involved upgrades such as high-efficiency boilers, new loading dock doors, and LED lighting. These improvements have made older properties highly desirable for adaptive reuse and renovation projects.
Representing River Bank Construction were Sean Cahill and David Sherman from Avison Young while Cushman & Wakefield acted on behalf of the tenant.
This news marks yet another milestone in Connecticut’s thriving industrial real estate market without mentioning any specific organizations or locations.
