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From July 27,2010.
LEGO® Systems, Inc. Expanding North American HQ
LEGO, the world’s fifth largest toymaker, is expanding its North American
headquarters in Enfield, CT.
The Danish manufacturer of plastic building blocks, a long-time staple at the
Enfield Business Park, is increasing its footprint by about 80,000 square feet.
The toymaker’s new space will include multiple operations, such as consumer
services, direct-to-customer retail, IT and human resources, finance and
facilities management. Sean Duffy of Cushman & Wakefield handled the lease.
“This Enfield site has been the LEGO Systems home for 35 years, and we are very
happy to be able to assume incremental space to meet the needs of our company
growth here,” said Michael McNally, brand relations director, LEGO Systems. He
added that the location is very convenient to LEGO employees, who hail from both
Connecticut and Massachusetts.
The expansion may come as a surprise to some since LEGO, which has struggled
with sluggish sales in recent years, opted to realign certain aspects of its
business in 2007. The toymaker moved its manufacturing and warehouse operations
out of the Enfield Business Park, costing about 300 local workers their jobs.
However, the layoffs were not exclusive to Enfield - LEGO cut approximately
1,200 total jobs worldwide.
But LEGO still maintained a presence at the Enfield Business Park, where it
currently occupies a 105,483-square-foot office building. Owned by a joint
venture of entities formed and managed by Hackman Capital Partners, Calare
Properties and KBS Real Estate Investment Trust, the 1.1 million-square-foot
campus consists of five buildings on 115 acres.
According to McNally, LEGO currently employs about 500 people in Enfield, and
that number is expected to increase. “Our business has grown such that we will
be expanding existing areas and adding new roles to our roster,” he said.
McNally was unable to provide a specific number of new jobs at this time, simply
stating that it would be “dictated by the needs of the business moving forward.”
LEGO has more than 8,000 employees worldwide.
The build-out of LEGO new space is slated to begin over the next few weeks and
should conclude by March of next year (2011).
Info from:
Costar
-end of report-
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