News: Brokerage

Cuddy, Coleman, Gutierrrez and Ceppos of CBRE/Stamford broker 21,764 s/f lease in Port Chester

Mercury Solar Systems, Inc. is expanding its operations in the tri-state area. It has recently leased 21,764 s/f at 36 Midland Ave. in the Midland Business Park for its new corporate headquarters. William Cuddy, executive VP, and Kevin Langtry, senior associate, of CBRE's Stamford office represented the owner, Lighthouse Real Estate. Also of CBRE's Stamford office, Al Gutierrez, VP, and Ian Ceppos, associate, acted on behalf of Mercury Solar Systems. Mercury Solar Systems has been growing over the past few years and the new space will enable it to better serve its growing staff and customer base throughout the region. The company currently has regional offices in Conn.(Greenwich), L.I. (Garden City and Kings Park), and N.J. (Tinton Falls and Mays Landing). "Midland Business Park proved to be the perfect location for Mercury Solar Systems to expand its operations in the region," said Ceppos. "Located just off a number of major interstates connecting New York, Connecticut and New Jersey, the new office provides Mercury Solar Systems with convenient access to its customer base, as well as a seamless integration with its other locations." Midland Business Park is a flex/industrial property located on the border of New York and Connecticut near the intersection of I-95 and I-287. The property is also conveniently positioned less than half a mile from Metro North's Port Chester train station. "Situated in the heart of the tri-state area, Midland Business Park is the ideal property for companies with business throughout the region," said Cuddy. "Accordingly, the complex has been experiencing a lot of activity in recent weeks, with Mercury Solar Systems as its third new tenant going into contract this month."
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