1 Parrott Drive
Shelton, CT
ACQUIRED
September 1999
SOLD
January 2022
SQUARE FOOTAGE
101,000
TYPE OF BUILDING
Lab, Office
Formerly a Pitney Bowes facility, Cambridge Hanover acquired One Parrott Drive in 1999 and completed substantial renovations to update the building’s image and functionality. Cambridge Hanover transformed the building from a single tenant facility into a multi-tenant, high-tech, light assembly building, featuring a dramatic glass curtain wall as well as a new lobby. Located in the heart of the Shelton business district, the facility has been used for office, lab, and light assembly. Tenants who have leased space at the building include Cara Therapeutics, Keno Graphic Services, EAO Corporation, ZHU Enterprises, and Canon, a Japanese-based multinational office products company. Cambridge Hanover sold the building to a Connecticut-based real estate developer in January 2022.
