RE BROKERAGE’S SUCCESSFUL NEGOTIATIONS

Choyce Peterson Inc., a full-service commercial real estate brokerage and consulting firm in Norwalk, has announced the successful completion of lease negotiations on behalf of Forum Group Connecticut (FGC) to renew and expand their office space at 3 Pine St. in Norwalk, Connecticut. Choyce Peterson Vice President Charlene O’Connell represented FGC in the transaction.

When Forum Group was looking to establish its presence in Fairfield County in 2019, it chose Choyce Peterson to help research the market and collectively identified 3 Pine St. for its new office. Given FGC’s continued growth, combined with its upcoming lease expiration, Jason Witty, managing partner of Forum Group Connecticut, reached out to Choyce Peterson again for assistance in leasing more office space.

O’Connell surveyed the tenant-requested South Norwalk market for 3,000 square feet in office space with an industrial chic atmosphere and easy access to restaurants, shopping, I-95, and the Metro-North train station. After touring numerous buildings in South Norwalk and soliciting proposals from several landlords, an opportunity arose for FGC to lease the entire building at 3 Pine St. O’Connell then negotiated a new lease, including free rent and a partially funded landlord buildout/modification to accommodate FGC’s needs as they expanded.

O’Connell commented, “I enjoyed working with Jason to find him new space in the South Norwalk market. In the end, we found the best solution was to expand within the same distinctive building and work with the landlord to create a unique yet functional workspace for FGC.”

“Charlene worked very diligently to show me all relevant buildings in the South Norwalk neighborhood that could accommodate our continued expansion,” replied Witty. “I’m thrilled with the creative solution we found where we can stay in the same architecturally interesting building that we love and support our continued growth. I look forward to enjoying our new office while we continue to expand our business and team.”

The landlord, M.F. DiScala & Company, Inc. was represented in-house.

About The Forum Group Connecticut

Forum Group Connecticut specializes in the recruitment and placement of Accounting, Financial, Human Resource and Operations professionals for clients in the Fairfield and Westchester County markets.

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.