March 12, 2007

INTERNATIONAL PAPER / XPEDX IS NEWEST INDUSTRIAL RESIDENT
IN MIDDLETOWN’S (CT) MILLENNIUM INDISTRIAL PARK

ELECTRICAL WHOLESALERS RELOCATING DISTRIBUTION CENTER
TO MIDDLETOWN, (CT) MILLENNIUM BUSINESS PARK

NORWALK DEVELOPER PURCHASES TRUMBULL CORPORATE HEADQUARTERS
OF MANUFACTURER ONCE BASED IN CITY

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March 12, 2007

CONTACTS: Alan Webber (203) 854-5046 & Chuck Albert (860) 236-0200

INTERNATIONAL PAPER / XPEDX IS NEWEST INDUSTRIAL RESIDENT
IN MIDDLETOWN’S (CT) MILLENNIUM INDISTRIAL PARK

North America’s largest marketer and distributor of printing papers and graphics supplies doubled its Connecticut presence when it recently completed a move from West Haven to new, custom-designed and built quarters in Middletown. IP/xpedx occupies the entire 85,000 square feet of space in a newly constructed Class A facility located in the Millennium Industrial Park on Timber Ridge Road. The property is owned and was developed by BLJ Millennium, LLC, an affiliated company of Norwalk-based M.F. DiScala & Company which built the new IP/xpedx facility. .
The newly-occupied building houses IP/xpedx sales, customer service and warehousing divisions which had previously been located in smaller West Haven quarters. According to Greg Bowen, General Manager for the xpedx Middletown division, the move to the geographic center of Connecticut serves to deepen the company’s commitment to its New England retail and corporate customers.. “We’ve already seen that impact,” noted Bowen. “We’ve brought 31 jobs to the area and look forward to being an integral part of the Middletown community for many years to come.”
Middletown Mayor, Sebastian Giuliano, expressed delight that expedx had chosen his city as the location for its new facility citing the fact that numerous businesses have and continue to select Middletown as their base of operation because of its easy access to the interstate highway system.
The new xpedx warehouse is the second building constructed by DiScala on the 115 acre Middletown site that will ultimately yield some 850,000 square feet of industrial space. A 230,000 square foot structure, the first constructed on the property, will soon be occupied by Hartford-based Electrical Wholesalers. EW has committed to 136,000 square feet of space in the building and will move its entire warehousing operation from Hartford into that space this spring. Other Discala build-to-suit projects are currently in various stages of design and approval in the same structure.

About M.F. DiScala and Company:
M.F. DiScala and Company is primarily; engaged in the business of acquiring, developing,
managing and leasing commercial properties and warehouse/distribution facilities throughout Connecticut and the Unite States. Its portfolio includes more than 8 million square feet in 23 cities located nine states. Michael F. DiScala is the company’s president and CEO.

About xpedx:
In addition to being North America’s largest marketer and distributor of printing papers and graphics supplies and equipment, xpedx – an International Paper company -- 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.

Joseph Breault, Sr. SIOR of M.F. DiScala & Company represented the owner and Richard Lee of OR&L Commercial represented the tenant

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ELECTRICAL WHOLESALERS RELOCATING DISTRIBUTION CENTER
TO MIDDLETOWN, (CT) MILLENNIUM BUSINESS PARK

The owners of Middletown, Connecticut’s Millennium Business Park have announced that Hartford (CT)-based Electrical Wholesalers (EW) will move its Hartford distribution center to the Middletown site this spring. EW has committed to long-term occupancy of 136,000 square feet in one of two structures located at the Timber Ridge Road industrial site just off of Exit 20 on Interstate 91. The EW distribution center will occupy more than half of a 230,000 square foot facility that stands on land owned and developed by BLJ Millennium LLC, an affiliated company of Norwalk (CT)-based M.F. DiScala & Company.

According to EW president, John Resnick, the relocated distribution center will allow the company to better serve the needs of its customer base. “Our intent with this move,” Resnick noted, “is to assist us in growing our business to the next level.” EW will supply its Connecticut, Rhode Island, Massachusetts and New York State clientele from the new Middletown distribution facility. The company which has 21 branches and 375 employees in Connecticut, expects to maintain an inventory of more than $18-million in products and parts when its new distribution center opens.
Middletown Mayor, Sebastian Giuliano, welcomed the EW move noting that it would bring between 70 and 80 new jobs to the city. In applauding EW’s decision to become a member of the local business community, the Mayor cited his city’s centralized location and economic stability as influencing factors in attracting new businesses to the area. The recent relocation of International paper’s Connecticut xpedx division from West Haven to its own newly-constructed building, located at the same Timber Ridge Road site, had brought 31 new jobs to Middletown last December.
Other build-to-suit DiScala projects within the same structure to be occupied by EW, are currently in various stages of design and approval. M.F. DiScala and Company is primarily engaged in the business of acquiring, developing, managing and leasing commercial properties and warehouse/distribution facilities throughout Connecticut and the United States. Its portfolio includes more than 9-million square fee in 23 cities located in eight states.

Chris Metcalfe of CB Richard Ellis represented the owner and Tim D'Addabo of Cushman & Wakefield represented the tenant.


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NORWALK DEVELOPER PURCHASES TRUMBULL CORPORATE HEADQUARTERS
OF MANUFACTURER ONCE BASED IN CITY

When Michael F. DiScala was a youngster in Norwalk, Connecticut, he figuratively lived in the shadow of the building that housed Nash Engineering, one of the state’s leading manufacturing companies and employer of hundreds. In 2002, Nash, which manufactured liquid ring vacuum pumps, merged with Germany’s elmo vacuum technology GmbH, a leader in the manufacture of side channel blowers, to form nash_elmo Industries. Two years later, nash_elmo was acquired by Gardner Denver, manufacturer of a wide range of industrial equipment, to form Gardner Denver Nash, and the new company established its corporate headquarters in a high image, 42,000 square foot building in Trumbull, CT.

Ironically, M.F. DiScala & Company, whose chief executive officer is the same Michael F.DiScala alluded to earlier, has since purchased Gardner Denver Nash’s headquarters building. “I vividly remember Nash Engineering,” said DiScala. “When I think back, it seemed like almost everyone we knew in town worked there. Nash was a pretty sizeable business for a city the size of Norwalk. I find it somewhat intriguing that my company now owns the building housing the business that evolved from the old Nash operation. Who’d have imagined?”

The structure purchased by DiScala is located at 9 Trefoil Drive, in Trumbull, and is fully occupied under a long-term lease agreement with Gardner Denver Nash. “The building fits our company’s investment criteria,” observed DiScala CFO, Alan Webber. “It has allowed us to add a quality, long-term investment to our portfolio of properties.”

M.F. DiScala & Company is primarily engaged in the business of acquiring, developing, managing and leasing commercial properties and warehouse and distribution facilities throughout Connecticut and the United States. Its portfolio includes more than 9 million square feet located in 26 cities, in nine states.

Gardner Denver Nash is a publicly traded company that provides global services and technical support for liquid ring vacuum pumps, compressors and engineered systems through manufacturing plants and technical and service centers located around the world.

Sal Buono of Cushman & Wakefield represented both buyer and seller.

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