CB Richard Ellis's Connecticut/Westchester office arranged $4.2 million in permanent financing for three of the seven buildings in Thorndal Circle Office Park, comprising of 79,600 s/f.
Bill Catanzaro of CBRE Capital Markets arranged the financing on behalf of The Nielsen Co. with Allstate Investments, LLC, an exclusive correspondent.
The three contiguous office buildings are located at 1, 22 and 28 Thorndal Circle. Building 1 is a two-story office building containing 30,000 s/f. Both buildings 22 and 28 are three-story structures totaling 49,600 s/f of office space.
Building 28 was recently vacated by Colangelo Synergy Marketing. The second floor, totaling 13,321 s/f, has been leased by Guggenheim Partners, while the remaining first and third floors have seen an increase of interest from tenants.The three building are currently 63% occupied.
Nielsen Co. owns all of the buildings encompassing 157,000 s/f.