Clarion Partners and its JV partner, Paragon Realty Group, has signed a 10,542 s/f lease with furniture retailer OKA at 44 Main Street in Westport, CT.
Cushman & Wakefield’s Alan Schmerzler and Kathleen Fazio arranged the long-term lease on behalf of the landlord, Westport Main Street Retail LLC – a partnership of Westport-based Paragon Realty Group LLC and New York-based Clarion Partners. Cassie Durand of CBRE represented OKA, which sells luxury furniture, décor and home accessories and will use the two-level space for its U.S. flagship store.
“OKA’s selection of 44 Main Street for its U.S. flagship store is a tremendous example of the strength of the suburban communities that comprise Connecticut’s Gold Coast,” said Schmerzler. “The completion of this transaction, which was on hold for a year due to the pandemic, reaffirms the value, vitality and importance of suburban retail, as well as the critical role that main streets play in international and national brands
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DANBURY, Conn., Dec. 28, 2020 /PRNewswire/ Continuing the stunningly rapid turnaround of the one-time Union Carbide world headquarters, Summit Development of Southport and Crestline Investors of Fort Worth in partnership with the Rizzo Companies of Danbury, today announced they have signed a lease with Nuvance Health Systems for 220,000 square feet at
The Summit at Danbury. The deal, the largest office lease in the state this year, will allow Nuvance to consolidate offices in Connecticut and bring 500 jobs from locations in New York.
The lease with Nuvance, formerly Western Connecticut Medical, is for 12 years and includes an option to expand up to 300,000 square feet. Nuvance operates seven hospitals in Connecticut and New York, including Danbury Hospital and Norwalk Hospital, and Putnam Hospital and Vassar Brothers Medical Center in New York. Its executive headquarters, back offices, labs and clinical facilities will be consolidated at