Frontier signs lease for new HQ in Norwalk
Frontier Communications Corp. has signed a lease in Norwalk and will move its headquarters there from Stamford this summer, real estate investment management firms Clarion Partners and Marcus Partners announced.
The telecommunications company signed an 11-year lease for 84,405 square feet on the first two floors in building 401 at the Merritt 7 corporate park. The company is moving from High Ridge Park in Stamford, a 40-acre corporate campus with six buildings. Frontier occupied four floors at 3 High Ridge Park totaling nearly 100,000 square feet.
Merritt 7 is a six-building office park operated by Clarion and Marcus on a 22-acre campus along the Norwalk River. A two-year renovation project on the campus is nearing completion.
Paul Quick, Frontier’s senior vice president and general manager for Connecticut, said after searching for a new headquarters, Merritt 7 fit the company”™s criteria.
“Site quality, a central location and institutional ownership and management were all very important to Frontier in the selection of its new headquarters,” Margaret Egan, Clarion Partners senior vice president, said.
Other Merritt 7Â tenants include Datto, EMCOR, GE and Siemens.