Webster Bank is consolidating its back-office operations in Cheshire and Wallingford offices into 85,000 square feet in Southington once owned by The Hartford, brokers say.
Webster recently inked a lease for space at 200 Executive Blvd., according to Rocky Hill lease broker O,R&L Commercial.
Hartford Financial Services Group Inc. onced owned and occupied the four-story, 150,000-square-foot Class A office building.
Empty after The Hartford moved out, it was sold in 2014 to Executive 200 LLC, which has since made major renovations to the property, said landlord representatives and O,R&L brokers Jay Morris and Robert Gaucher.
Webster will occupy all of 200 Executive’s first and second floors, and half of the third. Once the bank moves in, about 20,000 square feet of the building’s space remains available for lease, the brokers said.No move-in date was listed.
The building’s central Connecticut location and freeway proximity were key selling points for Webster, the O,R&L brokers said, plus that the building has dual back-up generators that can power the structure during an outage.
Its other tenants include the Alzheimer’s Association; Lisa Inc., Agency Administrators; and Mechanical Contractors.
Jones Lang Lasalle represented Webster in lease talks.
