RE BROKERAGE FIRM’S SUCCESSFUL NEGOTIATION

Choyce Peterson Inc., a full- service commercial real estate brokerage firm, recently concluded lease negotiations on behalf of Reed’s Inc., a publicly traded craft beverage manufacturing company, for its 5,154-square-foot headquarters at 501 Merritt 7 in Norwalk, Connecticut. Choyce Peterson Principal John Hannigan and Vice President Charlene O’Connell represented Reed’s in this transaction.

Merritt 7 Corporate Park is a Class A office complex with an ideal location within a 1⁄4 mile of the Merritt Parkway and 3 miles off I-95 Exit 15. It has amenities include covered parking, two cafeterias and Starbucks, a fitness center, multiple conference and meeting rooms, a unisex hair salon, car washing services, ATM machines, onsite ownership and security. Additionally, there is a newly constructed glass-enclosed pedestrian footbridge at Merritt 7 Corporate Park that gives riders direct access to the train platform at the Merritt 7 Metro-North Train Station.

Reed’s CEO, Norman Snyder said, “John and Charlene ensured that we understood all the office space options in the area and negotiated beneficial lease terms that met our team’s needs….”

Merritt 7 Corporate Park’s ownership of Clarion Partners LLC and Marcus Partners was represented by JoAnn McGrath of Marcus Partners, and Jones Lang LaSalle’s Betsy Buckley, Ed Tonnessen, and Gil Ohls. Reed’s is an innovative company and category leader that provides the world with high quality, premium and naturally bold better-for-you beverages. Established in 1989, Reed’s is a leader in craft beverages under the Reed’s®, Virgil’s® and Flying Cauldron® brand names. The company’s beverages are now sold in over 45,000 stores nationwide.

Choyce Peterson, a full-service commercial real estate brokerage firm with offices in Norwalk, Connecticut, and Rye Brook, New York, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada.