City firm making move to Shelton’s Parrott Drive
SHELTON — A Bridgeport-based firm is relocating to space on Parrott Drive.
Identification Products Corp., a creative solutions company known as ID Products, will be moving into 40,000 square feet of space at 1 Parrott Drive, according to Sean Cahill, Avison Young principal and managing director of the firm’s Fairfield/Westchester office.
“ID Products’ relocation and expansion at 1 Parrott Drive is a strong indication of the emergence of hightech manufacturing tenants in the Connecticut market,” said Cahill. “Having also arranged the sale of the property, we were very familiar with its offerings and how they aligned with ID Products’ requirements.”
ID Products will relocate and expand to the property from its two Bridgeport locations in June.
Tim McCann, Vice President at Identification Products, said the company chose Shelton since there was no available space in Bridgeport that suited its needs and desire to consolidate its two locations into one larger manufacturing facility.
“After looking in several towns, Shelton seems like the best fit, especially when considering lower property taxes and a convenient commute for most of our employees,” McCann said. “Management also likes the corporate and professional environment that the new location provides to showcase our company.”
Avison Young represented ID Products in its negotiations with the landlord, DG One Parrott Shelton LLC.
Founded in 1968, ID Products specializes in the development of creative solutions for its customers’ most challenging product identification and packaging requirements.
ID Products manufactures custom labels, graphics, overlays, panels, insulators and gaskets for a diverse range of industries that includes medical device and pharmaceuticals, kitchen and food, telecommunications and recreation.
The property at 1 Parrott Drive — which was the subject of a 2020 apartment proposal that was later withdrawn from the Planning and Zoning Commission agenda — was sold earlier this year for $9 million.
Avison Young’s Fairfield/ Westchester office announced in January that it arranged the sale from Cambridge Hanover, Inc., to DG One Parrott Shelton, LLC, which is managed by David A. Waldman, president and founder of David Adam Realty, Inc.
The Parrott Drive site includes a 102,000-squarefoot flex/industrial property that presently houses Keno Graphics, EAO Corp (a manufacturer of industrial switches and interface systems), Vanguard Medical, and online watch retailer Zhu Enterprises, Inc.