Halloran & Sage Business and Commercial Law Partner James Maher successfully assisted in the negotiation of the University of Connecticut’s School of Business 12-year lease, with several extension and expansion rights, for the nearly 35,000-square-foot property located at 100 Constitution Plaza.
The leased premises will be home to University of Connecticut School of Business innovative Insurance and Financial Center, to be called the Financial Accelerator, which will house several graduate degree programs. This state-of-the-art facility will use the latest in financial technologies and real-time databases that will enable students, faculty and business executives to work together to develop solutions to real insurance and financial challenges.
The move is designed to help boost the city of Hartford’s renewal by having nearly 500 students, many of them middle-level executives, obtain advanced business degrees in the city during evenings and weekends throughout the year. The MBA and Executive (EMBA) programs will move to Hartford by next fall. Other workforce development programs will also be offered in downtown Hartford in the future.