During the month of October, which happens to be Breast Cancer Awareness Month, Cognetta pledged his time for the second year in a row to the American Cancer Society’s Real Men Wear Pink campaign. Throughout the month, Real Men Wear Pink participants encouraged community members to take action in the fight against breast cancer. Each Real Men Wear Pink participant accepts a fundraising challenge and competes to be the top fundraiser among his peers by the end of the campaign.
Mark Carta, managing partner of Carta, McAlister & Moore, had seen Choyce Peterson’s electronic and hard copy mailings and recognized the company’s reputation for professional real estate brokerage services for tenants. He approached Cognetta and Hannigan when his firm’s lease was set to expire and the building at 1120 Boston Post Road was scheduled to be part of the Corbin Drive Redevelopment at some point in the near future. Although Carta, McAlister & Moore lawyers were very happy with the location of their existing office, they followed Cognetta’s advice to look at neighboring buildings to understand the available market options.
Choyce Peterson announced the successful completion of lease negotiations to renew the 8,200-square-foot headquarters for Keep America Beautiful at 1010 Washington Blvd. in Stamford, CT. Choyce Peterson Principal John Hannigan and Vice President Adam Cognetta represented Keep America Beautiful in the transaction.
“We are excited to have Charlene join our expanding brokerage team,” said John P. Hannigan, principal and co-founder of Choyce Peterson. “She has gained keen insight into the Fairfield and Westchester commercial real estate markets during her years assisting our brokers. Coupled with her prior banking experience, she will be a valuable resource for area companies.”
Adam Cognetta, vice president of Choyce Peterson, Inc. (www.choycepeterson.com), a full service commercial real estate brokerage and consulting firm with a specialty in representing both office and healthcare tenants, recently served on the Executive Committee for the American Cancer Society’s Comedy Against Cancer event in Stamford, CT, which raised net donations of more than $350,000.On the evening of Sept. 26, about 300 people gathered at the Italian Center in Stamford to enjoy a delicious dinner, a presentation of cutting-edge cancer-fighting research by one of the prior year’s grant recipients and a comedy show featuring some of the area’s top talent from the Treehouse Comedy Club. During the evening, donors had the opportunity to participate in Hands Up for Hope, which allowed them to pledge additional dollars to assist in new research the American Cancer Society sponsors.
Choyce Peterson, Inc. (www.choycepeterson.com),a commercial real estate brokerage and consulting firm which specializes in representing tenants, announced the release of the 19th semi-annual version of its Silhouette Study. The full-size poster tracks changes in office space availabilities from year-end 2018 to mid-year 2019 in larger, primarily multi-tenanted Class A office buildings in Greenwich, Stamford and Norwalk. The unique study uses comparative building silhouettes to illustrate the absorption of space, as well as overall availability statistics for the selected buildings in the respective municipalities.
Norwalk, CT January 7, 2019 – Choyce Peterson, Inc. (www.choycepeterson.com), a commercial real estate brokerage and consulting firm which specializes in representing office tenants, announced the successful completion of lease negotiations for Ivy Rehab Physical Therapy (“Ivy Rehab”) in opening a new Danbury area branch at 3 Federal Road, in Brookfield, CT. Amy Lerner, Executive Vice President and Adam Cognetta, Vice President of Choyce Peterson represented Ivy Rehab in this transaction. As Lerner had previously led the negotiations of Ivy Rehab’s relocation from Dobbs Ferry to a more visible location in Hartsdale, NY with easier access for disabled patients, Joel Cipowski, Ivy Rehab’s Director of Real Estate and Facilities Management, knew to contact Lerner when his company decided to expand their practice into the Danbury area.
Rye Brook, NY December 3, 2018 – Choyce Peterson, Inc. (www.choycepeterson.com), a commercial real estate brokerage and consulting firm which specializes in representing office tenants, announced the successful completion of lease negotiations for Riker Danzig Scherer Hyland & Perretti LLP (“Riker Danzig”) in opening a new Westchester office at 399 Knollwood Road,in White Plains, NY. Amy Lerner, Executive Vice President of Choyce Peterson, represented Riker Danzig in this transaction.Tim Carr, CFO of Riker Danzig, was charged with expanding his New Jersey-based law firm into the Westchester market after the firm hired Michael LaMagna, Esq. to spearhead their newly established Westchester and Fairfield operations. LaMagna knew Amy Lerner through mutual colleagues and immediately contacted her to lead the search for office space along the White Plains I-287 corridor.
The full-size poster tracks changes in office space availabilities at the close of Q3 2018 vs. Q1 2018 in larger, primarily multi-tenanted, Class A office buildings in Shelton,Trumbull, Westport, and Wilton. The unique study uses comparative building silhouettes to illustrate the give-back or absorption of space, as well as overall availability statistics for the selected buildings in the respective municipalities.From Q1 to Q3 in 2018, the availability rate changed per the following: Shelton decreased from 7.6% in Q1to 6% in Q3; Trumbull experienced a sharp decline from 49.6% in Q1 to 39.1% in Q3; Westport increased from 13.6% in Q1 to 16.1% in Q3; and Wilton incurred a large ncrease from 25.1% in Q1 to 32.4% in Q3.John Hannigan, Principal of Choyce Peterson, stated “As a demonstration of how tight the Shelton market has become, of the 19 buildings surveyed only 4 have suites of 10,000 sf or more available. In Trumbull, the 1st Quarter 2018 availability rate of 49.6% decreased to 39.1% in the 3rd Quarter of 2018 due to the vacant 252,000 sf 48 Monroe Turnpike being removed from the 3rd Quarter poster, as that building was sold and is now slated for residential redevelopment.”
A Company representative stated “Adam was extremely valuable and responsive in our mission to ultimately renew our lease. He demonstrated an unparalleled level of responsiveness and professionalism, keeping our key objectives at the center of all negotiations. He creatively incorporated lease concessions and future expansion options while enhancing an already positive rapport with building ownership. We were happy to renew our commitment to the building and the city of Norwalk. Moreover, we look forward to onboarding new members of our team and completing renovations in our space. We would put Adam in front of any executive thinking of renewing their lease or relocating in the area. For a growing Company like ours where it’s typical to have folks wearing many hats, having a professional real estate guy in your corner is a must - Adam truly did a tremendous job.”
Norwalk, CT April 30, 2018 Choyce Peterson, Inc. (www.choycepeterson.com), a commercial real estate brokerage and consulting firm which specializes in representing tenants, announced the release of the 5th version of semi-annual version of its Eastern Fairfield County Silhouette Study. The full-size poster tracks changes in office space vacancies at the close of Q1 2018 vs. Q1 2017 in larger, primarily multi-tenanted, Class A office buildings in Shelton,Trumbull, Westport, and Wilton. The unique study uses comparative building silhouettes to illustrate the give-back or absorption of space, as well as overall vacancy statistics for the selected buildings in the respective municipalities.John Hannigan, Principal of Choyce Peterson, stated “Trumbull’s vacancy rate continues to increase (49.6%) as does Wilton’s topping out at 25.1%, with new space added to the market this past year. Contrasting to these markets is Westport whose vacancy rate continues to decrease to 13.6% (versus 18.5% 1Q 2017).
In looking to expand his Diagnostic & Medical Specialists of Greenwich practice, a multi specialty practice focused on precision and preventative medicine, Dr. Steven Murphy aspired to open a new office in Stamford. He approached Mr. Cognetta, who represents other area healthcare tenants, about this assignment. One of Mr. Cognetta’s clients had underutilized medical space at 30 Buxton Farm Road. Mr. Cognetta identified an opportunity to put together a short-term sublease, which taken as-is, would provide a win-win solution. Effectively, this saved one client money and offered the other client, Dr. Murphy, a low-risk foothold in anew market.
Choyce Peterson announced the release of the 16th semi-annual version of its Silhouette Study. The full-size poster tracks changes in office space vacancies from year-end 2016 to year-end 2017 in larger, primarily multi-tenanted Class A office buildings in Greenwich, Stamford and Norwalk. The unique study uses comparative building silhouettes to illustrate the give-back or absorption of space, as well as overall vacancy statistics for the selected buildings in the respective municipalities.
Choyce Peterson spent the morning volunteering at Diddel & Diddel’s annual Baskets from Heaven event on November 21, 2017 (the Tuesday before Thanksgiving). Volunteers assembled and delivered nearly 400 Thanksgiving dinner baskets (with each basket including more than a dozen food items and a 25 lb. turkey) to Stamford, CT families.Adam Cognetta, Vice President at Choyce Peterson, Inc. commented, “I participated in my first Baskets from Heaven a few years back. I had an incredibly positive experience, directly helping others in the city I grew up in. I extended the invitation to my colleagues who for the last 2 years, have embraced and supported what has become a wonderful and rewarding holiday tradition.”
Following the completion of what it termed “significant capital improvements,” The Davis Cos. announced it has leased about 27,600 square feet of office space with nonprofits, tech tenants and consumer goods manufacturers at 40 Richards Ave. in Norwalk.Among the tenants signing on at the 146,000-square-foot office building are the nonprofit Fairfield County Community Foundation, which moved into the space in June andoccupies 10,760 square feet; e-commerce software firm Potoo, which will expand to 9,791 square feet in November; and L’Amy Inc., a fashion accessories provider, which will occupy 7,125 square feet starting in December.
Choyce Peterson announced the successful completion of lease renewal negotiations for High Ridge Family Practice, LLC’s (HRFP)nearly 10,000 square foot space at 30 Buxton Farms Road in Stamford, CT. Adam Cognetta, Vice President, represented High Ridge Family Practice, as they evaluated their lease renewal and relocation possibilities. HRFP is Stamford’s largest independently-owned family practice and given its Stamford-centric patient base, Dr. Falkoff approached Choyce Peterson to assist in exploring all possible medical/healthcare space available in Stamford. Cognetta presented Falkoff with all the scenarios that fit his criteria of well-situated, modernized buildings that are medically-zoned.
Choyce Peterson announces the release of the 15th semi-annual version of its Silhouette Study in the form of a full size poster, which graphically illustrates changes in office space vacancies from year-end 2016 to mid-year 2017 in larger, primarily multi-tenanted Class A office buildings in Stamford,Greenwich and Norwalk. This current edition uses comparative building silhouettes to show these changes, as well as total vacancies of the selected buildings located in each of the three municipalities.John Hannigan, Principal of Choyce Peterson, stated, “For the first time in years, the total vacancy rate of the surveyed buildings in each city/town has increased. We are seeing large blocks of space now available in historically well occupied buildings.”
Choyce Peterson announced the successful completion of lease negotiations for Deadlocked Escape Rooms LLC at 1000 Hope Street in Stamford, CT. Adam Cognetta, Vice President, and Pete Jacullo, Account Executive, represented Deadlocked Escape Rooms, as they looked to establish their first location in Stamford. At the outset of this project, owner Gene Waggaman cited that the most important factor in their search was a central location in Stamford equally attractive to a demographic spanning professionals and students, as well as families. Parking availability was also a main element of consideration. Cognetta and Jacullo toured many different buildings with Waggaman in the Stamford area, and sought proposals from multiple landlords. Ultimately, Waggaman and his team chose to lease 2,500 square feet at 1000 Hope Street because of the central location, ample parking, and traffic counts.
Choyce Peterson announced today that it has successfully concluded a 2,807 square foot office lease on behalf of Hi-Link Technology Group (“Hi-Link”) (www.hi-link.com). Jasmine Hodgson, Vice President and John Hannigan, Principal of Choyce Peterson represented Hi-Link, who moved their headquarters in mid-August to 60 Long Ridge Road, Stamford, CT from 76 Progress Drive,Stamford, CT. Hodgson and Hannigan consulted with Hi-Link on their changing space needs which included a continued Stamford presence, highway accessibility, an open floor plan and flexible work spaces for the firm’s expanding sales and consulting staff. With their lease expiry approaching quickly,the Choyce Peterson team responded with a complete needs and market analysis and tours of available space in the Stamford market.Hi-Link was interested in the technology-focused Bulls Head area, with particular interest in 60 Long Ridge Road given its central location.
Choyce Peterson announced today that it has successfully concluded a 24,000 square foot office lease on behalf of Cara Therapeutics, Inc. (“Cara”) (www.caratherapeutics.com) for its headquarters to relocate to 107 Elm Street in Stamford, CT. John Hannigan, Principal, and Adam Cognetta, Vice President, of Choyce Peterson represented Cara, who moved to the new space in May from One Parrot Drive in Shelton,CT. The landlord, RFR Realty LLC, was represented in-house in the transaction by Margaret Carlson, Portfolio Manager, Steve Lash, Leasing Director and Ed Wissell, Property Manager/Construction.Publically traded since 2014, Cara,a biotechnology company focused on the development and commercialization of pain therapeutics, appointed Choyce Peterson as its exclusive tenant representative to handle the search for a new headquarters and the negotiation of the financial and business terms of a new lease.