NEW HAVEN, CT—The New Haven Register, which at one time occupied nearly 200,000 square feet of combined office and industrial space at its 40 Sargent Drive headquarters, is relocating its staff to 18,000 square feet of space at the 100 Gando Drive building here.
The lease deal at the 100 Gando Drive property was announced by Praxis Commercial of New York City, which helped the newspaper and media company find the new space at the property known as the Star Building, along with local CBRE brokers Tim Gegan and David Hansen.
The new 18,000-square-foot location will house a modern workspace, designed to encourage collaboration among the various departments at the newspaper. The company's 160 employees will also enjoy ample on-site parking, Praxis officials say. The New Haven Register in early 2012 outsourced its printing operations that were housed at 40 Sargent Drive to the Hartford Courant, according to a published report.
“We are looking forward to beginning our next chapter at this location, which better suits our multimedia company,” says Kevin Corrado, president and publisher, New Haven Register. “This is a more appropriate space for us and it keeps us in New Haven, which is important.”
“With the transformation of the business, the New Haven Register no longer required the 193,000 square foot combined office and plant facility at Sargent Drive,” says Nathanael Pennington, managing director, Praxis Commercial. “The company is now better poised for the future of digital media at the new location.”
Twenty Lake Holdings, owner of the New Haven Register's former headquarters at 40 Sargent Drive, secured a long-term lease with Jordan's Furniture, a Berkshire Hathaway company, whose upcoming occupancy required the New Haven Register to relocate.
According to Praxis, a majority (135,000 square feet) of the 40 Sargent Drive building at one time was utilized by the New Haven Register as either industrial, warehouse or distribution space. Approximately 57,500 square feet of the property was classified as office space.
The New Haven Register will occupy two full floors at the 100 Gando Drive building. The relocation to its new space is expected to be completed by this fall. The property is owned by Larry Cohen, president and founder of Star Supply Co., which has operations at the building.
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