NORWALK – CT Sports Physical Therapy & Wellness recently expanded its space and extended its lease on their 2,340 sq.-ft. treatment facility at 20 Glover Ave., according to real estate broker Choyce Peterson.
Following its merger with sports medicine company Evolution Physical Therapy and Fitness, CT Sports will offer injury prevention, performance, wellness and recovery services with one-on-one personal training and group sessions.
Choyce Peterson Principal John Hannigan, Vice President Scott Peterson and Associate James Riffice represented CT Sports in this transaction.
Leveraging a personal connection with Hannigan, CT Sports President Michael Sebastian arranged a meeting to provide a clear description of the requirements for the CT Sports/Evolution Physical Therapy and Fitness business, as their current lease was approaching expiration. Sebastian explained that he wanted to stay in the Norwalk area for his existing client base but needed a larger, easily accessible location with dedicated parking.
The team toured the Norwalk market and reviewed information about available buildings. Ultimately, Sebastian made the decision to expand as well as extend his lease at 20 Glover Ave. Hannigan and Riffice then negotiated new lease terms for CT Sports with an attractive rental rate and free rent.
“Collaborating with John (Hannigan) and his team was a valuable experience,” Sebastian said. “They provided expert guidance on all key decisions, helping us successfully finalize a complex lease transaction.
“With our partnership with Evolution Physical Therapy and Fitness and our expanded space, we are excited to bring new opportunities to our existing clients and attract new clientele.”
The landlord, Stamford-based Building and Land Technology, was represented in-house.