The deal, which was initially reported last week by Connecticut Governor John G. Rowland, will bring 150 new jobs to the state of Connecticut. The company will also retain 434 jobs in an existing manufacturing plant in Windsor, CT.
Moore, which provides business forms, printing services, labels and label systems and direct mail services, signed a 10-year lease for 45,000 sf of space at 1 Canterbury Green, a 226,197-sf office building Downtown. The 13-story property is owned by Equity Office Properties. Margaret Carlson, leasing director for Equity Office Properties represented the building owner. Insignia/ESG's Michael Siegel, Steven Greenbush and Dan Knopf represented Moore Corp. in the lease deal.
The Moore lease brings the property to 100% occupancy, brokers in the deal note. Moore Corp. employs more than 16,000 workers and posted annual sale of $2.25 billion. The company will be occupying space on the fifth and six floors of the building. The Connecticut Development Authority will provide Moore with a total of $2.6 million in financial incentives to relocate its headquarters to the Nutmeg State.
"The strategic location between New York and Boston facilitates communications with a large portion of our US investor and customer base," Burton says. "Governor Rowland and his team truly understand the need to be responsive. Without the support of the governor, I am not confident that we would have made the decision we have made."
Governor Rowland adds, "The relocation of Moore Corporation is a clear signal that Connecticut continues to be an outstanding place to do business. This move brings new jobs to Stamford and its shows that the growth potential of our cities is strong."
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
