500 Post Road
Office Building: Solar and Mechanical Upgrades
With an anchor tenant moving out of his 35k square foot office building, Timon Malloy of Fred French Investing, LLC knew he needed to upgrade his commercial office building to attract new tenants. He did so with nearly $1M in C-PACE financing. In addition to mechanical upgrades, C-PACE financing allowed Timon to finance a 80kW solar system project. When renovations were complete, TImon was able to attract Morgan Stanley as an anchor tenant. Read more about the project in this Westfair Communications article.
Property Summary
500 Post Road East is a commercial office building in downtown Westport, CT. The former home to a large, publicly traded corporation, Terex. The property was repositioned and redeveloped as “green” upon aquisition. After considerable renovations Morgan Stanley was secured as an anchor tenant, occupying 26,000 of the building’s 38,000 square feet.
Contractor
Kingspan Energy is an international energy contractor specializing in commercial solar energy systems. Founded in the 1960’s, Kingspan is based out of Jessup, Maryland with a North East Office in Stamford, CT. Petra Construction served as the general contractor on the project and provides a wide range of services to customers in every building sector.