FAIRFIELD — Scott Architectural Lighting Inc. in Fairfield has bought a 19,323-square-foot building located at 2270 Cordelia Road.
The company had operated from a warehouse that it leased month to month. Its owners worked with Bank of the West and with Joe Lampe, senior vice president at Bay Area Development Co., to secure the funding needed to purchase a new facility, a Bay Area Development press release said.
The new location offers nearly twice the space and the loan locks in occupancy costs over the long term, the press release said.
Bay Area Development Co. is a U.S. Small Business Administration licensed lender. It works with banks and the SBA’s 504 program to provide small and mid-sized companies with long-term commercial real estate financing.
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