150,000 s/f in renewals at Merritt 7.Two leases totaling 150,414 s/f have been signed at Merritt 7 Corporate Park in Norwalk, announced Albert D. Phelps, Inc., the managing and leasing agent for the property owner, Merritt 7 Venture, L.L.C. Financial Accounting Foundation leased 65,665 s/f on the 5th and 6th floors of 401 Merritt 7 for a seven-year term. FAF FAF abbr. financial aid form has been a tenant at the 245,000 s/f building for over 15 years. "Tenant retention is high on the priority list at Merritt 7 and we were delighted to renew and restructure FAF's lease," said JoAnn McGrath, director of leasing for Merritt 7 Corporate Park. "FAF was equally as anxious to remain at 401 Merritt 7 so they renewed 14 months prior to expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created ." McGrath added that Building 401 Merritt 7 is fully leased. Jeff Gage of Albert B. Ashforth represented FAF Arch Chemicals Founded in 1999, Arch Chemicals (NYSE: ARJ) is a biocides company with over a billion dollars in annual sales. It consists of four divisions:
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