SunGard Availability Services LP, a leading provider of comprehensive business recovery services, has renewed its 5,226 s/f lease of fifth floor space at MerrittView for a term of five years, according to Jeffrey Newman, executive vice president of W&M Properties, the marketing and managing agent for the building.
The Pennsylvania-based company, which helps organizations maintain their routine functions during events that cause business interruptions, has been a MerrittView tenant since 2002, and committed to stay in place more than a year in advance of its scheduled lease expiration date.
"Since taking occupancy at MerrittView, we have developed a great relationship with W&M," said Paul Loveland Jr., assistant controller of SunGard. "Jeff Newman and the rest of the W&M team have been extremely responsive to our needs, and we look forward to continuing our tenancy."
Newman and senior leasing associate Kimberly Zaccagnino represented the landlord in this transaction. David Gordon of Studley represented the tenant.
Built in 1985, MerrittView is an eight-story 255,000 s/f trophy office building. Located at the intersection of Rte. 7 and the Merritt Pkwy. near the Norwalk/Wilton border, MerrittView boasts river and woodland views. The centralized location also provides the convenience of immediate access to Rte. 7, Exit 40A and 40B of the Merritt Pkwy., and the Metro-North Commuter Railroad.
W&M Properties is the real estate management, marketing and acquisition arm of the Malkin family, which has commercial and residential operations in seven states.