News: Brokerage

CBRE team completes sale of 945,000 s/f office park at Merritt 7

Norwalk, CT The CBRE team of Jeff Dunne, Steven Bardsley and Travis Langer completed the sale of 301-601 Merritt 7. CBRE represented the seller, Merritt 7 Venture LLC  and also procured the purchaser, an affiliate of Argent Ventures. 

301-601 Merritt 7 is a four-building office park totaling 945,000 s/f within the larger six-building, 1.5 million s/f Merritt 7 complex. Considered one of Fairfield County’s premier business addresses, the property is the headquarters location of Xerox, Terex, Emcor, Hearst Connecticut Media Group, Common Fund, Datto/Kaseya, MBI, and LBB Specialties. Located at the confluence of the Merritt Pwky. and Rte. 7 and adjacent to the Merritt 7 train station, the property offers an easy commute from all of Fairfield County, while providing train access to New York City. 

CBRE vice chairman Dunne said, “301-601 Merritt 7 provides a conveniently accessible, highly amenitized property for high credit, discerning tenants. We expect Argent to perform well in leasing the balance of the vacant space in the building.”

Bardsley of CBRE said, “301-601 Merritt 7’s credit tenant rent roll provides Argent an assured income.”

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