Success Systems, Inc. Relocates Headquarters to 383 Main Ave, Norwalk, CT Choyce Peterson Negotiates 5,649 SF Transaction

Success Systems, Inc. Relocates Headquarters to 383 Main Ave, Norwalk, CT

Choyce Peterson Negotiates 5,649 SF Transaction

Choyce Peterson Principal John Hannigan represented Success Systems in this transaction.

When Success Systems recognized that their current lease was nearing expiration, they reached out to Hannigan who had represented them in their original relocation from Stamford to Norwalk in 2015. They explained that they were seeking to relocate within Norwalk to an attractive building with excellent amenities including covered parking, in a convenient location near the Merritt Parkway. They also wished to take advantage of the economic environment favorable to tenants.

After touring buildings throughout the Norwalk area, Success Systems narrowed in on a sublease at MerrittView, 383 Main Avenue. This particular suite had an existing layout conducive to their space needs and included furniture. The Success Systems team appreciated that MerrittView presents a great value combination of rental rates and best-in-class amenities including a newly renovated fitness center and cafeteria, ample covered parking, and shuttle service to the South Norwalk and Merritt 7 train stations. Most importantly, the MerrittView building has a convenient location right at Exits 40A/B on the Merritt Parkway, is only 0.5 miles to the Merritt 7 Train Station, 4 miles to the South Norwalk Train Station, and 3 miles to I-95 (Exit 15).

Hannigan commented, “It’s been a pleasure representing Success Systems once again in their lease negotiations. There were many available suites to tour in all areas of Norwalk, but by focusing on the most important factors of value and location, we were able to guide the decision-making process, find the best solution to suit their needs, and negotiate very favorable economic terms.” The Success Systems team concluded, “We were very happy to once again work with John on this relocation project. He understood exactly what we were seeking in a new office and did an excellent job of analyzing market options, including the favorable economics of a sublease. We are excited to expand our office space in this new location with terrific amenities for our employees.” The sublandlord was represented by Executive Managing Director Patricia Valenti of Newmark Knight Frank. The landlord of the MerrittView building is Empire State Realty Trust.