Wednesday, May 23, 2012
NEW BOSTON FUND SECURES NEW LEASE AT 55 CAPITAL AT CORPORATE RIDGE OFFICE PARK IN ROCKY HILL, CONN.
United International Corporation signs a seven-year lease for 6,713 square feet of Class-A office space
BOSTON - (May 23, 2012) - New Boston Fund, Inc., a private equity real estate investment, development and management firm, announced today that it has completed a long-term lease for 6,713 square feet of Class-A office space to United International Corporation, a civil engineering firm, at Corporate Ridge Office Park in Rocky Hill, Conn.
Slated to move in July 1, United International Corporation will occupy 6,713 square feet of the 109,865-square-foot building at 55 Capital Boulevard. 55 Capital boasts a beautiful corporate campus setting, featuring a dramatic arched granite entryway, a reflective rose-tinted glass facade and quality, high-end finishes.
“This property is one of the highest quality office parks in the Hartford suburban market,” said Gary Hofstetter, Northeast Regional Director, New Boston Fund. “We are pleased to welcome United International to the Corporate Ridge Office Park.”
New Boston was represented by Michael Puzzo, First Vice President, Brokerage Services, CB Richard Ellis, and United International Corporation was represented by Chris McLaughlin, at McLaughlin Real Estate.
New Boston owns and manages three, four-story Class A+ office buildings and five, single-story office buildings in Corporate Ridge Office Park totaling 621,000 square feet. Additional amenities at the office park include access to a corporate cafeteria and fitness center at the neighboring building at 500 Enterprise Drive, as well as a full-service Marriott Hotel, generous 4/1,000 on-site parking and immediate access to I-91 via Exit 23.
Other notable tenants at Corporate Ridge Office Park include Verizon, Brown & Brown Insurance, Alea North America Insurance Company, Desman Associates, and Hess Corporation. New Boston does not disclose leasing prices.
About New Boston Fund
New Boston is an independent, privately owned real estate investment manager and an industry leader in providing real estate investment, development and management services with a history of strong sponsorship and oversight of its investment funds. New Boston has developed or acquired commercial and residential properties with a cumulative market value of about $4.4 billion, including 23 million square feet of commercial real estate and 7,500 residential units. Our investment vehicles cater to institutional and high-net worth investors by offering value-add and urban real estate investment funds with a focus on diversification and capital preservation. The New Boston Fund: People, Values, Returns. www.newbostonfund.com
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