Clarion Partners and Marcus Partners lease 77,572 s/f at Merritt 7

December 18, 2015 - Connecticut
Merritt 7 Corporate Park - Norwalk, CT Merritt 7 Corporate Park - Norwalk, CT

Norwalk, CT Real estate investment management firms Clarion Partners and Marcus Partners, today announced that a combined 77,572 square feet in leases was signed at Merritt 7 Corporate Park, the six-building, 1.4 million square foot Class–A office park in Norwalk.

Millward Brown and Merritt Hospitality both signed leases at the Park. In each transaction the landlord was represented by JoAnn Brennan-McGrath of Marcus Partners and Tom Pajolek, Ned Burns, Steve Greenbush, and Bob Caruso of CBRE.

 Millward Brown, leading experts in advertising, marketing communications, media, digital and brand equity research leased an additional 13,397 s/f on the fourth floor of Building 401 –  bringing the firm’s total square footage to 64,175 s/f.   Colin Reilly of CBRE represented Millward Brown in this transaction.

Recent improvements to Building 401, which now houses the Merritt 7 Security Command Center, include an extensive lobby renovation with soaring 20’ ceilings, new entry doors, refinished elevator cabs, upscale artwork and elegant seating areas and new park standard restrooms and elevator lobbies throughout.

HEI Hotels & Resorts extended its lease for 18,578 s/f on the first floor of Building 101.  The onsite hospitality service company has been a tenant at Merritt 7 since 2004.  No outside real estate brokerage was used in the negotiations. 

Recent upgrades to Building 101, which contains a full-service Starbucks café, include an extensive lobby renovation, refinished elevator cabs, upscale artwork, improved interior and exterior seating areas and new park standard restrooms and elevator lobbies throughout.

Significant interior and exterior capital improvements have been underway at Merritt 7 and include the refurbishment and reconstruction of entryways, main lobbies, common corridors, restrooms, dining facilities, cafés and conference and fitness centers. Exterior improvements feature enhanced landscaping, new plaza lighting, outdoor furniture and seating areas, new 15’ monument signs along Route 7 and monument signs at the building entrances.

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