Reed’s Inc. to Relocate Headquarters to 501 Merritt 7 in Norwalk, CT Choyce Peterson Negotiates 5,154 Square Foot HQ Lease
NORWALK, CT – Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage firm, announced the successful conclusion of lease negotiations on behalf of Reed’s Inc. (www.drinkreeds.com), a publicly-traded craft beverage manufacturing company, for their 5,154 square foot (SF) headquarters office at 501 Merritt 7 in Norwalk, CT. 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 ¼ mile of the Merritt Parkway and 3 miles of I-95 Exit 15. It has amenities such as 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.
Hannigan commented, “We are excited to have worked with Reed’s on this project. We are pleased to have negotiated a lease that gives Reed’s a brand-new customized space in a complex that offers best-in-class amenities.”
Reed’s CEO, Norman Snyder concluded, “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. We look forward to moving into our new office and continuing to grow our business.”
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.
About Reed’s Inc.
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.
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.
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