Real estate investment management firms Clarion Partners and Marcus Partners, today announced that Frontier Communications Corporation leased 84,405 square feet at Merritt 7 Corporate Park, the six-building, 1.4 million square foot Class–A office park in Norwalk.
“We are pleased to welcome Frontier Communications to our roster of prestigious tenants, who value Merritt 7’s convenient location and best-in-class services and amenities,” said Margaret Egan, Senior Vice President, Clarion Partners.“Site quality,a central location and institutional ownership and management were all very important to Frontier in the selection of its new headquarters.”
Frontier Communications,one of the nation’s largest independent providers of telecommunications services, signed an 11- year lease to occupy the first and second floors of Building 401. The company’s move from 3 High Ridge Park in Stamford is expected to take place this summer.
In announcing the new location, Paul Quick, Frontier’s Senior Vice President and General Manager for Connecticut said, “It was important to us to select exactly the right location for our new headquarters,and so we searched very carefully under a number of different criteria.We were quickly sold on the impressive space and amenities of Merritt 7, as well as the Merritt 7 management team. Their professionalism and enthusiasm for our company, as well as their willingness to collaborate with us on the customization of our office, made us feel welcomed.”
Frontier offers voice, broadband, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for small businesses and home offices, and advanced business communications for medium and large businesses in 28 states and with approximately 17,400 employees based entirely in the United States.
“The completion of this transaction reinforces Merritt 7’s position as a preeminent address for discerning corporations seeking high-end space in the Fairfield County office market,”said David Fiore, Principal with Marcus Partners.
The landlord was represented by JoAnn Brennan-McGrath of Marcus Partners and Tom Pajolek, Ned Burns, Steve Greenbush, and Bob Caruso of CBRE. Newmark Knight Frank represented the tenant.
“A central location with a pleasant ambiance and convenience and onsite amenities is critical to a great a workforce and work experience,” said JoAnn McGrath, Marcus Partners’ Director of Leasing for Merritt 7.
“Merritt 7 offers a top-quality, contemporary office environment with a full-range of exceptional amenities and services.”