Real estate investment management firms Clarion Partners and Marcus Partners, announced that Jarden Corporation leased 30,000 s/f for its new corporate offices at Merritt 7 Corporate Park, the six-building, 1.4 million square foot Class–A office park in Norwalk.
Jarden, a world-class Fortune 500 consumer products company with a portfolio of products, will occupy the entire 5th floor of Building 301. Jarden will move to Merritt 7 from 555 Theodore Fremd Ave. in Rye, NY.
“In selecting a new corporate office site, Jarden sought a centrally located office property close to various modes of transportation that could offer greater operational efficiency, enhanced communication and improved organizational effectiveness,” said Margaret Egan, senior vice president, Clarion Partners.
“Also, the ability to have contiguous office space was important for Jarden as they currently are dispersed across three distinct business pods in their current location.”
Construction of the space commenced in November and Jarden’s move to Merritt 7 will take place early next year.
Substantial interior and exterior capital improvements have been underway at Merritt 7 for the past two years and are nearing completion.
The upgrades consist of refurbishment and reconstruction of entryways, main lobbies, common corridors, restrooms, dining facilities and conference and fitness centers. Exterior improvements feature enhanced landscaping, new plaza lighting, outdoor furniture and seating areas, new 15’ monument signs along Route 7 and monument signs at the building entrances.
The landlord was represented by JoAnn Brennan-McGrath of Marcus Partners and Tom Pajolek, Ned Burns, Steve Greenbush, and Bob Caruso of CBRE.