Choyce Peterson, Inc. (www.choycepeterson.com), a commercial real estate brokerage and consulting firm which specializes in representing tenants, announced the successful completion of lease negotiations for Arrowhead Investment Management LLC (“Arrowhead”) (www.arrowheadmgt.com) at 75 Holly Hill Lane in Greenwich, CT. John Hannigan, Principal, and Pete Jacullo, Account Executive, represented Arrowhead Investment Management, who relocated from Two Greenwich Office Park in Greenwich.
As Choyce Peterson had represented Arrowhead in a previous lease negotiation several years earlier, Craig Pisani, Managing Director of Arrowhead, felt very confident calling upon Mr. Hannigan and his team to once again represent his company in a new transaction. In their initial meeting, Mr. Pisani cited his most important criteria which included flexible lease terms, and a pre-built space to match his specific needs. Mr. Hannigan and Mr. Jacullo toured many different buildings with Mr. Pisani in the Greenwich area, and sought proposals from four landlords. Ultimately, Mr. Pisani chose to lease 2,584 square feet at 75 Holly Hill Lane because of the location, excellent parking, and two-story atrium lobby.
As Mr. Pisani stated, “Over five years ago we appointed Choyce Peterson our exclusive broker, who simultaneously negotiated two lease transactions; a short-term sublease and a direct lease with the landlord which enabled us to secure a five year lease term. This time we presented John and his team with a different set of difficult criteria, including a quick occupancy and deal terms that provided us with flexibility to grow our space. After relaying this information to John, he set up a game plan, and then we watched as he flawlessly executed and structured lease terms that exceeded our expectations. Needless to say, we would recommend Choyce Peterson as they are creative and strategic brokers who are true professionals.”
Mike Norris and Edward Kent of Cushman & Wakefield represented the landlord, ClearRock Properties, in the transaction.
About Arrowhead Investment Management LLC
Arrowhead Investment Management provides capital in the form of subordinated debt, second lien debt, unitranche debt, preferred stock and non-control common equity. Well-respected institutional investors, including public pension funds, insurance companies and endowments, have committed capital to funds controlled by Arrowhead.
Arrowhead invests alongside private equity sponsors and management teams in acquisitions, buyouts, recapitalizations and growth capital transactions. Although Arrowhead may invest in many industries, it prefers to focus on investments in consumer products, industrial manufacturing, value-added distribution and business services.
About Choyce Peterson
Choyce Peterson, Inc., a commercial real estate brokerage and consulting firm which specializes in tenant representation, was founded in 1997 and has offices in Norwalk, CT and Rye Brook, NY. For companies headquartered in Fairfield and Westchester counties, Choyce Peterson has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.