Company Overview · Year In Review · Affiliation Links · Contact Us

Acquisition & Development

Consulting & Brokerage

Property Management

Tenants & Clients

Build to Suit

Projects in Development

Real Estate Portfolio

Investment Analysis
Program


Media Library &
Press Releases


Connecticut Data

Our Partners
Covington Capital Corp.

Real Estate Investment Bankers & Consultants
International Paper  

International Paper
Middletown, CT
85,000 sq. ft. class "A" distribution center for International Paper(click on images to view larger, detailed PDFs)

FOR IMMEDIATE RELEASE June 5, 2006
CONTACTS: Alan Webber (203) 854-5046; alanwebber@discala.com
Chuck Albert (860) 236-0200; albertgroup@juno.com



NATIONAL PAPER DISTRIBUTOR COMMITS TO MIDDLETOWN SITE
International Paper (IP)/xpedx to Double Its Connecticut Presence In Fall ‘06

(Middletown, CT) IP/xpedx, North America’s largest marketer and distributor of printing papers and graphics supplies and equipment, will double its Connecticut presence, late this fall, with the opening of a new facility at 20 Timber Ridge Road in Middletown. The newly-developed site lies just off of Exit 20 on Interstate 91.



The 85,000 square-foot, Class A facility will house IP/xpedx’ new sales, customer service and warehouse employees in addition to its existing workforce currently located in West Haven (CT). The structure will go up on property owned and developed by BLJ Millennium, LLC, an affiliated company of Norwalk (CT)-based M.F. DiScala & Company which will build the facility. Middletown Mayor, Sebastian N. Giuliano, will be among city, state and corporate dignitaries participating in groundbreaking ceremonies for the new building. Groundbreaking is scheduled for 2 p.m. on Tuesday, June 6.



The new structure will more than double the space of IP/xpedx’ West Haven warehouse which will be sold following the company’s occupancy of the Middletown facility. According to an IP/xpedx spokesperson, the move to the geographic center of Connecticut serves to deepen the company’s commitment to its retail and corporate customers in New England.




The new warehouse will be the second building constructed by DiScala on the 115
acre Middletown site that will ultimately house some 850,000 square feet of industrial
space. A 230,000 square-foot building already stands at the site, with several build-to-suit projects in various stages of design and approval.


Brokers for the IP/xpedex property were DiScala’s Joseph Breault Sr., and Richard Lee of O,R&L Commercial.. Chris Mecalfe and Bill Bronson, of CB Richard Ellis Connecticut, will oversee future build/lease transactions for the business park. The general contractor for the project is the Adkins Group which has built some 400,000 square feet in Connecticut and more than one-million square feet, nationally, for DiScala.
The Lender for the project is New Alliance Bank, New Haven.

About M.F. DiScala and Company:
M.F. DiScala and Company is primarily engaged in the business of acquiring, developing, managingand leasing commercial properties and warehouse/distribution facilities throughout Connecticut and the United States. Its portfolio includes more than 14 million square feet located in nine states. Michael F. DiScala is the company’s president and CEO.

About xpedx:
xpedx, an International Paper company, in addition to being North America’s largest marketer and distributor of printing papers and graphics supplies and equipment, is a large distributor of both packaging and facilities supplies and equipment. The company has more than 7000 employees in 250 locations in the U.S. and Mexico. It is expected that xpedx’ Connecticut workforce will grow to more than 50 once its new Middletown facility is in operation.

 

 

 


M.F. DiScala & Company, Inc.   Real Estate Investment Bankers & Consultants
10 Wall Street, Norwalk, CT 06850 | ph: (203) 854-5046 fax: (203) 853-9246 | email: mfdiscala@discala.com

© 2007 M.F. DiScala & Company, Inc.   Company Overview · Year In Review · Affiliation Links · Contact Us



Developed & managed by www.creativeconceptsgroup.com