NAIOP honors Merritt 7 Corporate Park with Connecticut 2015 Lease of the Year award

Merritt 7 Corporate Park - Norwalk, CT

Norwalk, CT According to real estate investment management firms Clarion Partners and Marcus Partners, Merritt 7 Corporate Park was the recipient of the “2015 Lease of the Year” by the Connecticut and Suburban New York chapter of the National Association of Industrial and Office Properties (NAIOP) for the corporate headquarters relocation of Frontier Communications Corp. from Stamford to Norwalk.

“Receiving the award for ‘Lease of the Year’ from NAIOP is an exceptional honor,” said Margaret Egan, senior vice president, Clarion Partners, who accepted the NAIOP award on behalf of Merritt 7.  “We are delighted that Frontier Communications relocated to Merritt 7 and that we were able to accommodate all their requirements.”

The 2015 relocation of the telephone and Internet service provider’s 84,505 s/f headquarters from Stamford to Merritt 7 Corporate Park was recognized as the largest headquarters relocation in Fairfield County in 2015. The company occupies space on the first and second floors of Building 401 on a lease which extends through 2026.

Jim Campbell, AVP, facilities and real estate services, Frontier Communications, said that “Merritt 7 has proven to be an excellent location for our corporate headquarters. The impressive space and amenities, as well as the Merritt 7 ownership and management team, are second to none. Their professionalism and enthusiasm for our company’s presence here has made us feel welcome and at home.”

The award was presented by the Connecticut and Suburban New York chapter of NAIOP at their “Night of the Stars” gala, held recently in Greenwich. The annual awards gala honors the best of the best in the region’s commercial real estate industry.

The landlord was represented by David Fiore and JoAnn Brennan-McGrath of Marcus Partners and Tom Pajolek, Ned Burns, Steve Greenbush, and Bob Caruso of CBRE. Jesse Weber, Matt Leon and Michael Ippolito of Newmark Knight Frank represented the tenant. 

Located on a 22-acre campus setting along the Norwalk River, Merritt 7’s six buildings feature landscaped plazas, technologically advanced infrastructure, sustainable design features and on-site amenities. Merritt 7 has been recognized and awarded for its energy conservation efforts, including LEED EB certification by the U.S. Green Building Council (USGBC) for buildings 101, 301, 401, 501 and 601 as well as the EPA’s ENERGY STAR rating.

The property is located adjacent to the Merritt 7 Metro North station. Major tenants at Merritt 7 include Datto; EMCOR; FactSet Research Systems; Financial Accounting Foundation (FAF); ; IPSOS; Mercer; Millward Brown; and Siemens.