It didn't take long for West Hartford-based Environmental Systems Corp. to find a new home for its Fairfield County operation after losing its lease in Stamford.
Environmental Systems, which sells and services computerized thermostats, recently moved from 888 Canal St. in Stamford to 1 Technology Plaza in Norwalk, a one-story brick-and-glass building formerly owned and occupied by Technology Marketing Corp., and recently purchased by Carlo Vona.
"We were in Stamford and our landlord (Norwalk-based Building and Land Technology) didn't renew our lease. We were month-to-month," said Chip Bloodgood, in charge of business development at Environmental Systems.
The company's former Stamford home is scheduled in 2011 to welcome a veterinary practice operated by Cornell University.
Environmental Systems' new location houses nine employees and provides easy access to its clients, Bloodgood said.
"It's very convenient to I-95. It's all on one floor. We got about 2,500 square feet," he said. "We wanted to be in lower Fairfield County near our customers."
Vono, who bought the property and adjoining house at 153 W. Cedar St. from Nadji and Juliette Tehrani for $1.2 million, was unavailable for comment. The office building and nearby residence, totalling 8,000 square feet, sits on more than 1 acre.
Tad Diesel, Norwalk's director of marketing and business development, welcomed the company.
"This is an expansion of Norwalk's high-tech industry," he said.
"Deal velocity continues to be strong, especially for transactions where creative parties work collaboratively," said Mirin, senior vice president and head of CBRE's Westchester/Fairfield County Private Client Group.
Technology Marketing Corp., a business-to-business media company, moved to a 13,000-square-foot space formerly occupied by Interpublic Group at 800 Connecticut Ave. in Norwalk in January, said Michael Genaro, executive vice president for marketing operations.
The company, founded by Chairman Nadji Tehrani needed more space as it has grown to nearly 60 employees since it first located at 1 Technology Plaza in the mid-1980s, Genaro said.
"We literally grew out of it. The company is going in the right direction. We expanded our staff since we've been here, and we can plan our future here. There's plenty of space to expand," he said.
Founded in 1972, Technology Marketing Corp. reaches more than 3.5 million readers worldwide each month in the communications and technology industries, including voice-over-Internet-protocol, Internet protocol communications, telecom, contact centers and customer relationship management.