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Tetra Tech trying to sell building

April 5, 2013
By ARTHUR CLEVELAND , The Leader Herald

MAYFIELD - An engineering company is trying to sell its Route 30 office building, but the company says it will continue to employ the building's roughly 50 workers.

The company could rent the building after selling it or move the workers to another site in the region, said Jim Wu, Tetra Tech's director of investor relations.

Tetra Tech, a California-based engineering company, says it is trying to sell the 32,000-square-foot building for $2.7 million.

Article Photos


Tetra Tech is trying to sell its Route 30 building housing the Delaney Group, shown above. (The Leader-Herald/Arthur Cleveland)

The building houses the Delaney Group, a construction company purchased by Tetra Tech in 2007. The former owners of the Delaney Group constructed the building before Tetra Tech bought the business.

Wu said the Delaney Group will remain under the ownership of Tetra Tech, he said.

Wu said Tetra Tech may look at new locations if it sells the building.

"Our plan for our staff in the office will be dependent on the final buyer and our ability to find space for them," Wu said.

"We're putting the property on the market to see what the interest is," Wu said.

Wu cited several reasons for trying to sell the building.

He said Tetra Tech would rather lease an office building rather than own a building.

In addition, Wu said, the business has expanded, requiring more space.

Depending on who buys the building and the agreement established with the buyer, Wu said, the employees could stay at the Route 30 location. However, Wu said the company is still looking for other sites in the area.

He said the company may want to move the Delaney Group closer to an airport, such as the Albany International ?Airport, because the business works on projects throughout the country.

A representative from the Delaney Group was unavailable for comment.

The Delaney Group has been involved in local projects such as the cleanup of the Schoharie Creek following 2011's Hurricane Irene. Workers removed debris and regraded the creek in the hamlet of Burtonville after the flooding, which destroyed or seriously damaged a dozen homes.

The Delaney Group was founded by Tim Delaney nearly 30 years ago as an excavation company and has since expanded to several regional offices throughout the United States. The group is involved in wind-powered energy development.

The group's wind-energy projects support nearly 1,700 megawatts of power with more than 600 wind turbines installed in several states across the nation.

Arthur Cleveland can be reached at acleveland@leaderherald.com.

 
 

 

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