The Power Home Remodeling Group is moving its Connecticut operations from Wilton to Trumbull, according to Newmark Knight Frank.
60 Commerce Drive
Headquartered in Chester, Pennsylvania, the company is the nation’s largest full-service exterior home remodeling company. The company has rented 26,600 square feet of space at 60 Commerce Drive in Trumbull to expand while consolidating its office and warehouse needs in one location. It is currently located at 372 Danbury Road in Wilton.
The 60 Commerce Drive building covers an area of 67,000 square meters and consists of a three-story office tower with a connecting warehouse. There is 22,000 square feet of available space in the building, consisting of 15,500 square feet of office space on two floors and 6,500 square feet of adjoining storage space with a 30 foot ceiling and access to two loading bays and a drive-through door.
NKF Senior Managing Director Tim Rorick, Managing Director Torey Walsh and Associate Director Jack McDermott represented the owners CH Commerce Drive Associates LLC and City Park Commerce Drive LLC on the transaction, while Jay Hruska and Brian Scruton from Cushman & Wakefield represented the tenant represented.
“The new location for the Power Home Remodeling Group will provide the company with high levels of efficiency,” said Rorick. “The unique ability of 60 Commerce Drive to provide office and warehouse space in one location is an attraction for companies looking for more effective monitoring of their operations.”
According to a study by the NKF, almost all suburban markets saw a year-over-year increase in leasing activity despite a slowdown in demand towards the end of the first quarter of 2020 due to the pandemic. The eastern market, which also includes Trumbull, saw healthy leases of 130,000 square feet in the first quarter.