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MerrittView Class A Office Building Built in 1985 264,473 sq.ft. - PowerPoint PPT Presentation

Jan 07, 2024 •332 likes •490 views

The Route 7 Corridor Why is this a hot spot? Some great new product Some good value in the older product Proximity to housing (north and east) Rail Service to NYC from South Norwalk; or the Danbury spur Easy access

  1. The Route 7 Corridor  Why is this a hot spot?  Some great new product  Some good value in the older product  Proximity to housing (north and east)  Rail Service to NYC from South Norwalk; or the Danbury spur  Easy access from I-95, Merritt Parkway, I-84 from upgraded Rt 7  Major corporations have certified this as a business hub  There is a diversity of product  Newer class A buildings trading in the mid $40’s  Other product trading in the mid $30’s and below  Lets take a look at the options with a virtual tour! R OUTE 7, N ORWALK

  2. R OUTE 7, N ORWALK

  3. MerrittView  Class A Office Building  Built in 1985  264,473 sq.ft.  Typical height 8 floors  Major Tenants  IT Technology Services  Reed Exhibitions  Nestle Holdings, Inc.  Cartesis Inc.  Symphony IRI Group, Inc.  Owner – Malkin Properties Space Availability  www.merrittview.info Floor SF Avail. Rent/SF Type 4 th 7,896 $30.00 + elec. Direct 4 th 2,679 $30.00 + elec. Direct 6 th 5,986 $30.00 + elec. Direct 6 th 14,753 $30.00 + elec. Direct 7 th 23,316 $30.00 + elec. Direct R OUTE 7, N ORWALK

  4. The Towers  Class A Office Building  Built in 2004  890,000 sq.ft.  Typical height 7-8 floors  Major Tenants  Bridgewater  Diageo North America, Inc.  Hewitt Associates  Xerox  GE  IMS Health  Peppers and Rogers Rents in the mid $40’s  Owner – Manager Building and Land Technology  www.bltoffice.com R OUTE 7, N ORWALK

  5. Merritt 7 Corporate Park  Six Class A Office Buildings  Built 1978 - 2002  Total Size 1,406,000 sq.ft.  22 acres  Typical height 8 Stories  Major Tenants:  FactSet Research Systems Inc  Marsh USA  GE Capital Corp.  FASB  Siemens  EMCORE Rents in the mid $30’s  IPSOS  FM Global  Owner New York State Teachers Retirement Systems and AD Phelps  www.merritt7.com R OUTE 7, N ORWALK

  6. 761 Main Ave - i.park 7  Class B Office Building  Built in 1953, Renovated in 2007  350,000 SF , 2 Stories  Major Tenants:  Norwalk Health Services Corporation  Source Marketing  ICR  Owner National ReSources  www.iparknorwalk.com Space Availability Floor SF Avail. Rent/SF Type 1 st 22,265-84,000 $27.50 Direct 1 st 2,000-5,000 Negotiable Sublet 2 nd 10,600-80,000 $27.50 Direct R OUTE 7, N ORWALK

  7. 166 Glover Ave – Merritt North  Class B Office Building  Built in 1977, Renovation started in 2008  75,946 sq.ft., 3 Stories  Major Tenant: Stamford Hospital (Vacant and available for sublease)  Owner – Manager Building and Land Technology  www.bltoffice.com Space Availability Floor SF Avail. Rent/SF Type LL 20,786 $23.00 NNN Sublease 1 st 27,126 $23.00 NNN Sublease 2 nd 28,034 $23.00 NNN Sublease R OUTE 7, N ORWALK

  8. Wilton Corporate Park  Four Class A Office Buildings 509,000 sq.ft.  New Product Built in 2008  Renovated Product in 2001  Major Tenants:  Louis Dreyfus  Nielsen Co.  AIG Financial Products  Ryan Partnership  Sun Products  Onward Health  Owner Davis Marcus Partners Rents in the mid $30’s and the mid $40’s  www.wiltoncorporatepark.com R OUTE 7, N ORWALK

  9. 59 Danbury Rd – Wilton Corporate Park  Class B Office/Flex Building  Built in 1959  35,439 SF , 1 Story Space Availability Floor SF Avail. Rent/SF Type 1st 5,000-35,270 $10.00 NNN Direct R OUTE 7, N ORWALK

  10. 187 Danbury Rd – Wilton Corporate Center  Class A Office Building  Built in 1978, renovated in 1988  137,000 SF , 3 Stories  Major Tenants:  Beiersdorf North America, Inc.  http://www.davismarcus.com/187- danbury_road.htm  Owner Davis Marcus Partners Rents in the mid $30’s R OUTE 7, N ORWALK

  11. Wilton Woods Corporate Campus 10 Westport Rd  Class A Office Building  Built in 1974  195,512 sq.ft. , 3 Stories  60 wooded acre site  Major Tenants:  Deloitte, LLP  www.wiltonwoodscorporatecampus.com Space Availability Floor SF Avail. Rent/SF Type 2 nd 3,762 $25.00 NNN Direct 2 nd 7,909 $25.00 NNN Direct 2 nd 6,125 $25.00 NNN Direct 2 nd 9,210 $25.00 NNN Direct R OUTE 7, N ORWALK

  12. Wilton Woods Corporate Campus 20 Westport Rd  Class A Office Building  Built in 2001  341,207 sq.ft., 3 Stories  60 wooded acre site  Major Tenants:  News America  Deloitte LLP  Bridgewater Associates??  www.wiltonwoodscorporatecampus.com Space Availability Floor SF Avail. Rent/SF Type 1 st 10,000-15,743 $28.00 NNN Direct 2 nd 112,285 $28.00 NNN Direct 3 rd 58,726 $28.00 NNN Direct R OUTE 7, N ORWALK

  13. 372 Danbury Rd – Wilton Office Plaza  Class B Office Building  Built in 1980, renovated in 2009  92,000 SF , 2 Stories  Owner Wilton 372 Associates  Major Tenants  Kantor  DiRay TV  Leukemia and Lymphoma Society Space Availability Floor SF Avail. Rent/SF Type 1 st 1,014 $28.00 Direct 2 nd 13,600 $28.00 Direct R OUTE 7, N ORWALK

  14. Happy to answer questions??? Jeffrey H. Gage SIOR CCIM CresaPartners 200 Connecticut Avenue Norwalk, CT 06854-1907 203 899-7710 jgage@cresapartners.com www.cresapartners.com R OUTE 7, N ORWALK

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