Choyce Peterson Negotiates New 9,992 SF Lease for O&G Industries in Wallingford, CT
NORWALK, CT – Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, recently announced the successful conclusion of lease negotiations on behalf of O&G Industries (www.ogind.com), Connecticut’s largest privately-held construction firm, for a new 9,992 SF office at 900 Northrop Road in Wallingford, CT. Choyce Peterson Vice President Charlene O’Connell represented O&G Industries (O&G) in this transaction.
Upon being awarded the second construction phase of a major reconfiguration of I-91, I-691 and Route 15 Interchange in Meriden, CT by the Connecticut Department of Transportation (CTDOT), O&G’s Vice President John Rouleau reached out directly to O’Connell for assistance in securing nearby office space for the project team. O’Connell had taken the lead in the past for O&G’s Heavy Highway Division’s real estate needs, helping this division find office space for their staff near various highway projects. For this assignment, O’Connell researched the area within a 5-mile radius of Meriden for available space with multiple offices, conference rooms and adequate parking to house CTDOT inspection consultant’s large mobile staff.
After touring numerous office buildings throughout Meriden and Wallingford, O&G decided on 900 Northrop Road for its prime location with easy access to both I-91 north and south and suitable space. O’Connell then negotiated a lease including tenant-improvement funds to redesign the multiple suites to accommodate O&G’s specific office layout requirements, as well as lease extension and expansion options to accommodate potential new nearby projects.
O’Connell commented, “It was a pleasure working with John and the O&G team on another assignment. Securing dedicated office space for state contractors proves mutually beneficial for both O&G and the local economy. Not only does it provide a comfortable environment for the construction team, but it also helps local office building owners fill vacancies.”
Rouleau concluded, “We were happy to work with Charlene on this project. Once again, she worked tirelessly to negotiate favorable lease terms on our behalf, securing office space ideally suited for our current needs while ensuring flexibility to accommodate any future requirements. Her efforts have provided us with a workspace solution that aligns perfectly with our objectives.”
The landlord, Midwood Investment & Development, was represented by David Barnes, SVP of CBRE Hartford.
About O&G Industries, Inc.
O&G Industries, Inc. (O&G) is Connecticut’s largest privately held construction company, serving as General Contractor, Construction Manager, Design/Builder, and Specialty Sub-Contractor with a century of experience in the commercial building, power plant, road and bridge, and site construction. The company serves clients in educational, healthcare, industrial manufacturing, transportation, power, and municipal markets throughout the U.S., focusing on environmental sustainability. O&G is Connecticut’s top construction manager for school construction projects, completing more than 300 projects to date. As a fourth-generation, family-owned company, it celebrated its 100th anniversary in 2023. O&G is headquartered in Torrington, CT.
Choyce Peterson, Inc.
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