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Terenity Inc. Relocates Headquarters To Norwalk's Merritt 7 Park
LEASED
Connecticut
See Similar DealsOffice27,211 SF
Leased 08/10/2023
LEASED
Terenity Inc. Relocates Headquarters To Norwalk's Merritt 7 Park
301 Merritt 7 Norwalk, Connecticut 06851, USA
See Similar DealsOffice27,211 SF
Leased 08/10/2023
Summary
CONNECTICUT
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:27,211 SF
Transaction Type:Lease
Clarion Partners LLC and Marcus Partners have secured three new tenants at Norwalk's Merritt 7 Park, including Terenity Inc., which is relocating its headquarters from Stamford. The office property located at 301 Merritt 7 in Norwalk, CT spans across 27,211 square feet. The asset is part of the office market in Norwalk, CT.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not available
- Address: 301 Merritt 7, Norwalk, CT
- Square Footage: 27,211
- Market: Norwalk, CT
The landlords involved in the transaction are Clarion Partners LLC and Marcus Partners. Terenity Inc. was the tenant who decided to relocate its headquarters from Stamford. The deal was facilitated by William Montague and Kevin Foley of Cushman & Wakefield, who represented the involved parties as brokers in the transaction.
Players
LENDER
LANDLORD
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,559,718.10
Total Lease Value
$15,597,181.00
Net Landlord Cash Flow$1,559,718.10
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