Davis Marcus Partners Signs Tygris Commercial Finance to Wilton Corporate Park’s 40 Danbury Road
The First Green Office Building in Fairfield County Signs Second Tenant
WILTON, Conn., Oct. 6 /PRNewswire/ — Davis Marcus Partners, one of New
England’s leading real estate development companies, today announced the
signing of Tygris Commercial Finance (Tygris), a commercial finance
company, to a long term lease to occupy 14,687 square feet of space at the
newly completed and environmentally sustainable 40 Danbury Road.
The first Gold LEED (Leadership in Energy and Environmental Design)
pre-certified office building in Connecticut, 40 Danbury Road is set within
the 33 acre landscaped office campus at Wilton Corporate Park and located
at the center of Fairfield County’s Route 7 corporate corridor. Tygris
becomes the second tenant to occupy space at the 161,222 sq. ft., three
story, Class A office building. Louis Dreyfus Corporation, the first
tenant, occupies the entire top floor.
“Despite the slowdown in the overall commercial real estate market, we
are seeing a great level of interest and activity around Wilton Corporate
Park,” comments David Fiore, senior vice president for Davis Marcus
Partners. “We are very encouraged and believe our LEED standards combined
with our flexibility to accommodate both large and small tenants make
Wilton Corporate Park one of the most desirable office building complexes
in the market.”
The Gold LEED certification is a third-party certification program and
the nationally accepted benchmark for the design, construction and
operation of high performance environmentally conscious buildings.
Wilton Corporate Park offers a combination of unique amenities,
including a state of the art fitness center, 150-seat auditorium with
advanced presentation technology, indoor and outdoor dining facilities,
executive conference and corporate dining, WiFi service throughout the
campus, two expansive indoor parking structures as well as a picnic area
and clay tennis, basketball and sand volleyball courts.
Albert B. Ashforth, Inc of Stamford, CT is the leasing agent for Wilton
Corporate Park, and is represented by Jeffrey H. Gage and Edward Tonnessen.
Tygris was represented by Tom Pulie of USI Real Estate Advisors.
“The emergence of Route 7 in Wilton as an established business corridor
and the competitive economics of the area make Wilton Corporate Park a very
attractive choice,” notes Ed Tonnessen, executive vice president of Albert
B. Ashforth. “That combined with Davis Marcus’ notable reputation in the
marketplace and David Fiore’s personal, hands-on management of tenant
construction has proven to be very appealing to tenants and was
instrumental in securing Tygris.”
Wilton Corporate Park, a four-building office compound, consists of two
existing premier office buildings at 50 and 64 Danbury Road, both of which
are fully leased to a blue chip tenant roster including AIG Financial
Products, Ryan Partnership and Connolly Consulting, and two new Class A
office buildings at 40 and 60 Danbury Road. The 81,950 square foot 60
Danbury Road is scheduled for completion in November 2008. For more
information, please visit http://www.wiltoncorporatepark.com.
Prudential Real Estate Investors (PREI(R)) is Davis Marcus’ joint
venture partner on the Park. This is the seventh project for Davis Marcus
and PREI, the real estate investment advisory and management business of
Prudential Financial, Inc. (NYSE: PRU). As of June 30, 2008, PREI managed
$47.4 billion of gross assets management ($32.2 billion net assets) on
behalf of more than 400 clients and is ranked among the largest real estate
investment managers.
Davis Marcus Partners
Davis Marcus Partners, Inc. has more than thirty years’ experience in
the acquisition and development of adaptive reuse, rehabilitated and new
construction projects totaling over $1.6 billion in transactions.
Affiliates of Davis Marcus Partners, Inc. developed and/or own nearly nine
million square feet of medical, office, retail, industrial, and residential
properties in Connecticut, Florida, Massachusetts, New Hampshire, New York,
Pennsylvania, and Texas. The firm currently has offices in Boston,
Massachusetts, Norwalk, Connecticut and St. Petersburg, Florida. For
additional information, please visit http://www.davismarcus.com.
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[Via Real Estate Newswire]