Fairfield County Business Journal/Westfaironline.com

Four commercial leases in Wilton

JRT Realty Group – working in conjunction with Cushman & Wakefield – has arranged four leases totaling 23,595 square feet at Wilton Woods Corporate Campus – at 10 and 20 Westport Road – in Wilton, a two-building, Class-A office park owned by national financial services organization TIAA-CREF.

Property Group Partners inked a five-year, 6,874-square-foot lease on the third floor of 20 Westport Road, one of the office park’s two buildings. The firm develops, acquires and manages “luxury landmarks and first-class office buildings in North America and Europe,” according to a statement announcing the deals.

Property Group Partners was originally a subtenant at the space and serves as property manager for the entire complex. It represented itself in the transaction.

Also, Stonebridge Advisors LLC, a niche investment advisory firm serving institutional investors and high-net-worth individuals, signed a 6,642-square-foot, 10-year lease on the first floor of Wilton Woods’ building at 10 Westport Road. Stonebridge Advisors was represented by Thomas Pajolek of CBRE.

The Sierentz Fund, a financial services group, renewed 5,879 square feet of space on the second floor in building C. And, “In conjunction, the Louis Dreyfus Family Office renewed 4,200 square feet on building C’s second floor, as well,” JRT reported. Both tenants hold five-year leases at 10 Westport Road, a 197,512-square-foot building that has recently undergone renovations.

The 20 Westport Road building is 341,207 square feet, fully glassed and is described as “state of the art.”

The landlord was represented by Greg Smith of JRT Realty Group along with Kevin Foley and William Montague of Cushman & Wakefield.

“Wilton Woods is a highly desirable office campus situated in a unique natural setting,” said Patrick O’Reilly, senior director of asset management for TIAA-CREF Global Real Estate.
“Offering modern amenities amidst a pond, streams and walking trails, the property is attractive to both tenants and their employees.”

“TIAA-CREF enjoys an excellent reputation as an owner of top-tier properties” Greg Smith, president of JRT Realty Group said. “Wilton Woods is conducive to workforce productivity and is tremendously appealing to elite tenants such as Property Group Partners and Stonebridge Advisors.”

Located on 60 acres at the junction of Routes 7 and 33, Wilton Woods was designed by award-winning architect Kevin Roche.