LENOX — Renaissance Investment Group, LLC is joining the growing business community in downtown Lenox with a new office at 45 Walker St. The group will leave its current building in the Lenox Commons and plans to move into the Walker Street space in November. Mill Town Capital is the new owner of the building, acquiring the property last week.
“We are thrilled to bring life and energy to this property and be a part of Mill Town’s revitalization efforts in the area,” said Christopher Silipigno, CEO and managing director of Renaissance Investment Group. “We have viewed the downtown Lenox area as an extension of our office for some time and jumped at the opportunity to relocate there.”
Renaissance and Mill Town have agreed on a 10-year lease during which Mill Town will serve as the landlord for the building and will fund property improvements. Mill Town also owns and operates the Gateways Inn and Restaurant at 51 Walker St.
“This acquisition was an opportunity to expand our footprint in the area and create a meaningful relationship,” said Tim Burke, CEO and managing director of Mill Town. “We are excited to have the team at Renaissance Investment Group as a tenant and partner.”
Mill Town, an impact-investment firm based in Pittsfield, owns and operates numerous properties in the Berkshires as part of its efforts to expand and improve quality of life in the area. The firm focuses on making impactful business investments and community-development efforts.
“I’d like to commend Chris and Tim for their joint endeavor in putting this relationship together between two firms that care deeply about the Berkshires,” said Trevor Forbes, president of Renaissance Investment Group. “This building is a great location for Renaissance to build many years of successful growth and reinforces our commitment to Lenox and the Berkshires over the long term.”