Stamford Company Relocating to 535 Connecticut Avenue in Norwalk

 Sean Cahill, Principal and Managing Director of Avison Young’s Fairfield/Westchester office, announced a new tenant has agreed to a long-term lease at 535 Connecticut Avenue in Norwalk.

CBP, an Alera Group company, will relocate from Stamford to a 9,860-square foot space on the 5^th floor at 535 Connecticut Avenue. Cahill, Christopher Grundy and James Searl represented Avison Young in the transaction, and Steve Baker of Cushman & Wakefield negotiated the 8-year lease on behalf of CBP.

CBP is a company of Alera Group, which is a national insurance and financial services firm created in 2016. The Stamford company sought to expand its office space and looked at several properties in Fairfield County before reaching agreement to lease space at the Connecticut Avenue location.

“We’re excited and happy to welcome CBP and Alera Group to the building,” said Reed Miller of Hanover Real Estate Partners. “They liked the numerous amenities that 535 Connecticut Avenue has to offer such as easy access to Interstate 95, an on-site full-service cafeteria, fitness center, conference center, covered parking and uniformed concierge services. These are building features that appeal not only to CBP but many other businesses.”

Hanover Norwalk Investors LLC, an affiliate of Hanover Real Estate Partners, purchased the building in November 2018 and has undertaken an aggressive remodeling and improvement program to make the building one of the premier office locations in Fairfield County.   

Avison Young is the exclusive leasing agent for 535 Connecticut Avenue. The building contains 170,000 rentable square feet of Class A office space, and its tenants include Crius, UBM, Northwestern Mutual and Belvoir.

For more information about leasing at 535 Connecticut Avenue, contact Avison Young’s Fairfield County office at 203-614-1260.

Avison Young is one of the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,600 real estate professionals in 84 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family and hospitality properties.