Mercury Business Associates Has Leased 2,150 SF Headquarters at 111 East Avenue, Norwalk, CT

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Mercury Business Associates, a leading provider of financial and accounting support services, has secured a 2,150 square foot headquarters office at 111 East Avenue in Norwalk, Connecticut. This successful transaction was brokered by Choyce Peterson, Inc., representing Mercury in a competitive and fast-evolving Norwalk office market.

Lease Details

This lease was facilitated by Choyce Peterson’s experienced team: Vice Presidents Charlene O’Connell and Scott Peterson, who guided Mercury through every step of the process. Mercury now occupies 2,150 square feet of semi-furnished, light-filled office space, ideally suited for their growing team.

    • Broker: Choyce Peterson, Inc. (Vice Presidents Charlene O’Connell and Scott Peterson)
    • Asset Class: Office
    • Tenant: Mercury Business Associates
    • Square Footage Leased: 2,150 SF
    • Lease Terms: Competitive rental rate, landlord-funded customizations

111 East Avenue: Property Summary

111 East Avenue is a well-positioned office building in the heart of East Norwalk, offering tenants ample parking, abundant natural light, and convenient access to major highways. Its flexible layouts and semi-furnished suites create an attractive environment for professional services firms seeking move-in-ready solutions.

  • Address: 111 East Avenue, Norwalk, CT
  • Building Type: Office
  • Landlord/Owner: Melbourne Realty Co.

Leasing Strategy & Execution

Choyce Peterson approached this assignment with a data-driven, consultative strategy. After an initial outreach prompted by Mercury’s upcoming lease expiration, the team led a comprehensive market survey and coordinated tours of multiple properties in the Norwalk area. Careful analysis of competing offers allowed Mercury to select a space that aligned with both their budget and operational needs.

Negotiations focused on securing favorable terms, including a competitive rate and landlord-funded improvements to customize the space for Mercury’s workflow. The collaborative relationship between tenant and broker was instrumental in achieving a solution that maximized value while minimizing disruption.

East Norwalk Neighborhood Overview

Norwalk’s East Avenue corridor is recognized for its accessibility, vibrant business community, and proximity to local amenities. Office tenants benefit from immediate access to I-95, Metro-North rail service, and a diverse selection of nearby dining and retail options.

  • Stew Leonard’s (100 Westport Ave, 0.7 miles) – Renowned grocery and specialty food store serving Norwalk for decades.
  • The Sono Collection (100 N Water St, 1.3 miles) – Upscale shopping mall featuring national retailers, boutique shops, and eateries.
  • Norwalk Green (Park St & East Ave, 0.3 miles) – Historic green space popular for community events and outdoor gatherings.

This location also offers quick access to downtown Norwalk’s restaurants and cafes, fitness centers, and essential business services. The combination of visibility, transportation links, and community amenities makes 111 East Avenue a prime address for dynamic businesses.

Nearby Restaurants
  • Washington Prime – 141 Washington St: Located in South Norwalk, this upscale eatery offers a cozy dining experience with phenomenal food and impeccable service.
  • Elm Street Diner – 515 West Ave: Newest location of this Instagram-famous classic diner known for its cake shakes, homemade donuts, waffle towers, stacked burgers, loaded sandwiches, and brunch specialties. Bring a big appetite and save plenty of room for dessert!
Nearby Hotels
  • Hilton Garden Inn – 560 Main Ave: Charming 3-star hotel conveniently located near the center of Norwalk, just off Merritt Parkway and within easy reach of I-95. 
  • Extended Stay America – Norwalk – Stamford – 400 Main Ave, Norwalk: Ideal hotel with the perfect location off the Merritt Parkway for business travelers, students, tourists and those relocating to the Norwalk, CT area who need to find a home away from home for several nights, a week, a month or even longer.

Conclusion

The relocation of Mercury Business Associates to 111 East Avenue has demonstrated the value of a strategic, market-informed approach to office leasing. By prioritizing flexibility and customization, Choyce Peterson delivered a solution that will support Mercury’s continued growth in Norwalk’s thriving business environment.

Client Testimonial

“Charlene and her team made the decision to move versus renewing in place easier than I ever could have hoped. By showing me various alternatives and negotiating a competitive lease, I am confident that I made the best decision for my business.” — Michele Johnson, Owner, Mercury Business Associates

FAQ’s

What is the history of this office space?

Previously home to a variety of professional services firms, 111 East Avenue offers flexible suites for modern business needs.

What features stood out to the tenant?

Abundant natural light, semi-furnished suites, ample parking, and easy access to I-95 were key factors in the decision.

Why is this a strong location for office tenants?
Immediate highway access, proximity to transit, and a robust mix of nearby amenities make it ideal for businesses.

Were any incentives or buildouts part of the lease?
Yes — the landlord funded custom improvements to tailor the space to Mercury’s specifications.

What type of business moved into the space?
A financial and accounting support services firm serving a diverse client base throughout the region.

 

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