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News: Front Section
Posted: July 5, 2019
Greenbush and Weaver of CBRE arrange 11,234 s/f lease to Colangelo
Norwalk, CT According to CBRE, Colangelo signed a deal to relocate its headquarters. The firm will occupy 11,234 s/f on part of the sixth floor at 20 Glover Ave. Colangelo, which currently occupies a coworking space in town, will move into its new private office space soon.
CBRE’s Steven Greenbush and Joe Weaver represented the tenant, while Tim Rorick, Torey Walsh and Jack McDermott of NKF represented ownership, Building and Land Technology.
20 Glover Ave. is a six-story office building that is situated off of the Merritt Pkwy. and Rte. 7. The property features a full-service cafeteria, 24/7 security and concierge, outdoor space, parking, a fitness center and an auditorium and conference center.
“Colangelo’s management team completed a re-purchase from the DAS Group of Companies, a division of Omnicom in late 2018 and have been in search of a unique, collaborative office environment that aligns with their company’s culture and the needs of their firm’s creative employee base,” said Weaver.
“We provided Colangelo with options from Norwalk to Bridgeport and ultimately landed at 20 Glover due to the character of the building, the unique move-in readiness of the space, the proximity to Colangelo’s existing workforce, and the ‘live-work-play’ revitalization Building and Land Technology is creating at Glover Ave.”
Greenbush said, “The space at 20 Glover Ave. offered a progressive and innovative work environment with a large open floor plan, exposed brick and beams, high ceilings and expansive window lines. Colangelo plans to use this space to help retain and attract top creative talent to further service its growing client base.”
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