New Firms Sign Leases At Merritt On The River In Norwalk

NORWALK, Conn. – Stamford-based Building and Land Technology announced 68,500 square feet of leasing activity at Merritt on the River, a 225,000-square-foot fully renovated and historic office building located along the Norwalk River at 20 Glover Ave. in Norwalk.

Building & Land Technology announced new leases signed for 68,500 square feet of office space at Merritt on the River, a building it owns at 20 Glover Ave.
Photo Credit: *Contributed*

Daily Voice

07/17/2015 4:30 a.m.

The leases were announced by Carl R. Kuehner III, CEO of Building and Land Technology.

“This is an extremely sought after building and area, as demonstrated not only by these leases but also by the soon-to-be grand opening of our apartments at 1 Glover Avenue. Both are within walking distance of the Metro-North Danbury line, located in Norwalk’s bustling commercial hub,” said Kuehner.

“We’re pleased to welcome these new tenants, and happy that several existing tenants chose to stay.”

The leases come after improvements were made at the building, with upgrades to the entrance canopy and main lobby, resurfacing of on-grade parking and a refurbished on-site café with FLIK International as the new operator.

The building continues to provide on-site security 24/7 and its location along the Route 7 corridor allows access to major highways, routes and Metro-North as well as hotels, day cares and restaurants.

The leases include:

Rocaton Investment Advisors, an investment advisory firm, signed a new lease for 21,228 square feet and will be relocating from Merritt 7 Corporate Park to Merritt on the River this fall. Rocaton was represented in the lease by JLL brokers Ed Tonnessen and Ethan Rice.
Also relocating to Merritt on the River will be Wilton Re, a provider of life insurance and life insurance products, which signed a new lease for 21,480 square feet of space. The company was represented in its move from 187 Danbury Road in Wilton by Cushman & Wakefield brokers Kevin Foley and William Montague.
Merritt on the River’s existing tenant Aetna, a managed health care company, relocated and renewed its lease for 5,934 square feet in a deal arranged by JLL brokers Paul Tortora and William Fitzgerald.
And McKesson Health Solutions also renewed its lease for 10,859 square feet in a deal in which the tenant was represented by CBRE broker Kevin McCarthy.

The historic building at 10 Glover Ave., a 10,000 square-foot free-standing building, is adjacent to 20 Glover Ave. and is part of the Merritt on the River complex.

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