WEST HAVEN, CT-The former Elm City Door Co. building at 163 Orange Ave. here has a new owner–Westrock Development LLC of Yonkers, NY. The firm, which plans to undertake a major renovation of the building, has already signed Family Dollar as a tenant for some retail space at the property. No purchase price was disclosed for the building that sits on three acres. It totals 56,000 sf and has been vacant for several years.

Westrock officials say that the firm will install a new façade, new storefronts, utilities and an HVAC system. As part of the renovation, approximately 10,000 sf in the front of the building will be demolished to add parking.

“This building is on a high traffic road in a neighborhood with excellent population density,” says Michael Friedland, a partner in Westrock. “We’re taking an old industrial building that was an eyesore to the community and transforming it into a beautiful retail destination that the community needs.”

The purchase of the Orange Ave. property is part of Westrock’s ongoing program to acquire and redevelop old industrial buildings and convert them into viable commercial and retail properties, company officials note.

In addition to the Family Dollar lease, the company reports that it is close to signing a deal with a well-known laundry chain. Approximately 10,000 sf of retail space remains available. The balance of the building will be leased to warehouse-type users.

The acquisition increases Westrock’s portfolio in Connecticut. In 2002 the firm acquired 82 Mill Plain Road, a 50,000-sf industrial building in Danbury as well as four buildings totaling 95,000 sf on Commerce Drive off Route 133.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.