Standard Electric Supply Co. Inc. has renewed its 43,367-square-foot lease at 14 Jewel Drive in Wilmington.
The company leases office and warehouse/distribution space on the building’s first and second floors, which serves as its corporate headquarters. Standard Electric coins itself as one of the largest electrical distributors in New England and one of the top 50 in the nation.
"Our headquarters in Wilmington is an excellent fit for Standard Electric," said Ross Army, D.C. operations manager of Standard Electric Supply Co. Inc. "This location also includes Standard Electric’s distribution center, which helps us to maintain efficient operations and continue to offer our high level of customer service."
Richards Barry Joyce & Partners’ Brian McKenzie, partner, and James Lipscomb, senior vice president, represented Standard Electric in the transaction. The building’s landlord, Howland Development Co., was represented internally.