Connecticut-Based Building and Land Technology Leads Project

Building and Land Technology is solely leading the development of an 80-acre mixed-use project and recapitalizing $200 million for its completion. The company, along with Lubert-Adler, is providing the expansion capital equity. Building and Land Technology is taking the lead as the project moves through its development phase, although Antares Investment Partners still remains a part of the project. Building and Land Technology is anticipating to deliver the first building by August 2009 and to begin leasing the space during the fall.