Merritt 7Boston-based HFF has arranged $150 million in financing for Merritt 7, a six-building, Class A office park in Norwalk, Conn.

HFF’s Riaz Cassum, managing director, and Lauren O’Neil Goff, director, represented the borrower, a separate account managed by New York-based Clarion Partners, to secure the floating-rate loan through CIBC World Markets.  Loan proceeds were used to refinance maturing debt on the property.

Merritt 7 comprises 1.4 million square feet of office space. Located along Route 7 near its intersection with the Merritt Parkway/Route 15, the buildings are 90.5 percent leased to tenants such as General Electric, Factset Research Systems and the Financial Accounting Foundation.

HFF Arranges $150M Financing For Conn. Office Park

by Banker & Tradesman time to read: <1 min
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