News: Owners Developers & Managers

Cushman & Wakefield arranges four long-term leases totaling 39,000 s/f at 187 Danbury Rd.

Wilton, CT Cushman & Wakefield has arranged four new long-term leases at 187 Danbury Rd., a class A office complex, as the agent for an affiliate of Time Equities, Inc. (TEI) that owns the property.

Strong Start Early Care and Education signed a 22,000 s/f lease. Fairfield Chemical signed a 12,000 s/f lease. Smith Arnold signed a 3,000 s/f lease. Alexander Isley signed a 2,500 s/f lease.

Cushman & Wakefield’s Adam Klimek and Steve Baker represented TEI in the transaction.

“Wilton continues to thrive as a vibrant hub, attracting a diverse mix of businesses drawn to the unique opportunities this area offers,” said Klimek. “We’re excited to welcome each of these tenants to the property. This variety showcases the broad appeal of Wilton and the flexibility of the property to meet the needs of companies of all sizes. It’s an exciting period of growth and evolution for the community.”

187 Danbury Rd. is a class A office complex that will soon feature a new grab & go café with seating, covered parking, a brand new designed fitness center with bathrooms and showers and onsite security. The property recently underwent renovations resulting in upgrades to the fitness center and café.

“Having acquired 187 Danbury Rd. during the depths of the COVID-19 pandemic, Adam and Steve have done a remarkable job orchestrating the repositioning of the property and helping TEI execute a value-add business plan,” said Max Pastor, chief operating officer of TEI.

The property is located on Rte. 7, less than two miles from Merritt Pkwy. and minutes to Wilton Center and an array of retail, dining and entertainment options.

Cushman & Wakefield will continue leasing remaining availabilities, including the following units: 4,395 s/f (built), 3,000 s/f (built), 10,700 s/f (built), 6,000 s/f (built), 17,744 s/f (built), 2,509 s/f (raw), 3,478 s/f (raw), 3,427 s/f (built) and 1,600 s/f (built).

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