According to CB Richard Ellis (CBRE), it has negotiated two new leases within Meriden Executive Park totaling 17,229 s/f. Revera Health Systems will occupy 10,776 s/f on the 2nd floor at 538 Preston Ave., while Progressive Insurance will take 6,453 s/f on the 3rd floor. Patrick Mulready and John McCormick of CBRE represented the landlord, Trammell Crow Cos., in both transactions. H. Pearce represented Revera and Newmark Knight Frank represented Progressive.
Built in 1986, Meriden Executive Park is a two-building suburban office campus set on 17 park-like acres at the intersection of I-91 and I-691 in Meriden. 538 Preston Ave. is three-story, class A office property measuring 76,600 s/f. The building features amenities including a 2-story atrium lobby, quality interior and exterior finishes, exceptional views of Meriden's East Peak, generous parking at four cars per 1,000 s/f, and 24-hour card-key access.
Trammell Crow Cos. is a Texas-based real estate development and investment firm. Since its founding in 1948, the company has developed or acquired over 500 million s/f of buildings with a value in excess of $50 billion. Trammell Crow Co. is an independently operated subsidiary of CBRE, with over 400 employees.