Unique 519 Acre Portfolio For Sale
Excellent Location and Accessibility
Proximity to the region’s distribution routes I-84, Route 8, & I-91; great for both logistics and employee base.
Waterbury-Oxford Airport is a unique feature for executives. It is also attractive to national centralized and decentralized distribution tenants. This growing airport has the second longest runway in the state and may have a future in high-care shipments such as urgent and sensitive cargo, lab, and cold storage.
Property is positioned between New York City and Boston and presents an opportunity for tenants who wish to avoid being in a major city, yet still have access to several.
Proximity to New Haven and many well-known universities, offers potential for research-driven tenants and offers local firms an alternative to industrial and warehousing options. Ability to attract C & E-suite executives.
Proactive local governments with tax incentives in a growing economy
Local Tax Incentive Plans available including the 2013 Airport tax incentives: State created “business enterprise zone” which gives companies tax breaks and other incentives to develop around the Waterbury-Oxford Airport.
Area is home to national and global firms including Stihl, XAL, RBC, IBM and more.
All three towns have attractive mill rates, Oxford at 23.84 per 1,000, Middlebury at 35.10 per 1,000, Southbury at 29.30 per 1,000.
Waterbury-Oxford Airport contributes $235.4 million in economic activity, presents developers and incoming companies with the opportunity to engage with this stable economic infrastructure.
Oxford has seen recent growth in power and energy, like the brand new 785MW Towantic Power Plant. Possibly a target for fuel cell, solar, and wind sectors. In addition, Oxford has seen recent growth in other real estate sectors: 215,000 SF Oxford Town Center revitalization, a new Senior Housing Complex, and new Medical Office Building.
Ancillary benefits of new development and zoning include and new businesses, existing corporations, restaurant/retail, and residential.
State and local government is committed to promoting economic development and job creation here.
