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Wednesday, July 18, 2007

Two more financial firms moving to Norwalk

Two more financial firms are moving to Norwalk, CT according to an article in the Stamford Advocate.

Wrightwood Capital LLC, a Chicago-based real estate, finance and investment company, and Quadrant Structured Investment Advisors LLC each have signed five-year leases at the 1.4-million-square-foot Merritt 7 Corporate Park on Main Avenue.

Quadrant, majority owned by Magnetar Capital LLC with Lehman Brothers as a minority owner, is moving its New York City corporate headquarters to a 4,845-square-foot space. Wrightwood is moving its regional office from a temporary location at the Connecticut Business Center in Westport.

The firms will occupy subdivided space on the second floor at 301 Merritt 7 formerly occupied by Advantage Sales, which relocated to larger space at 501 Merritt 7, said Jo Ann Brennan McGrath, director of leasing for the complex.

Wrightwood, which leased 3,502 square feet, will move its Northeastern U.S. location next month to Merritt 7, managed by Albert D. Phelps Inc. It is a customized lender and national equity investor for commercial and multifamily real estate projects.

"We've been seeing a flurry of financial services firms coming around. They can be anywhere. They don't have to be in Manhattan anymore," McGrath said.

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