Block of CBRE handles 34,000 s/f lease renewal and expansion to Orthopedic & Neurosurgery Specialists

October 26, 2018 - Front Section

Greenwich, CT In a transaction arranged by CBRE, Orthopedic & Neurosurgery Specialists (ONS) has renewed and expanded its lease at Greenwich Office Park. ONS renewed its lease for all of 6 Greenwich Office Park and expanded its administrative space at 9 Greenwich Office Park, for a total of 34,000 s/f. CBRE’s David Block represented the owner, Greenwich Park LLC/Fareri Associates, which acquired the eight-building, 380,000 s/f office complex in 2016. David Hoffman, Jr. and Michael Norris of Cushman & Wakefield represented the tenant in the lease negotiations.

“The 10-year commitment that ONS has made to Greenwich Office Park is a testament to the property’s strong ownership and management at the complex, and to Western Greenwich’s appeal as a thriving office market,” said Block. “Since purchasing Greenwich Office Park, Fareri Associates has aspired to position and maintain the asset as the premier office destination in the market and work to enhance Western Greenwich’s reputation as a true live/work/play environment.”

“ONS moved into 14,000 s/f in Greenwich Office Park 20 years ago this month,” said Dr. Seth Miller, President of ONS. “Over the years we have been able to expand our footprint in the office park to accommodate our organization’s growth.” 

The multi-specialty practice now holds over 80,000 square feet in leased office space in Fairfield and Westchester Counties. 

Currently, Greenwich Office Park offers tenants unparalleled office space ranging from 2,000 to 45,000 square feet. The Park is set on a 21-acre, campus-style site that is approved for both traditional and medical office use. The complex has a variety of tenant amenities, including a full-service café within walking distance to all eight office buildings, two ponds complete with fountains and outdoor seating, a private fitness center, direct shuttle service to the Greenwich train station and on-site management. The buildings feature operable windows, individually controlled heating and cooling units and abundant, partially structured parking. Greenwich Office Park is situated just minutes from all major highways and the Metro North commuter train line. In addition to its excellent location for businesses, employees can take advantage of the complex’s proximity to Downtown Greenwich’s shopping, dining and entertainment venues.

With 26 sub-specialty trained physicians in orthopedics, neurosurgery, sports medicine, and physical medicine/rehabilitation, ONS in Greenwich and Stamford, Connecticut and Harrison, New York, is a leader in medical research and innovation in the region. The medical practice brings together an elite team of surgeons and specialists from fellowship programs at the leading hospitals and universities in the country, including the Hospital for Special Surgery, New York Columbia Presbyterian Hospital, Rothman Institute and Washington University.

 

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