Marcus Partners in the news.

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Development Corp. and Marcus Partners Form Venture to Acquire and Reposition 297 State Street, in North Haven, Connecticut

Marcus Partners is pleased to announce that a newly formed venture between NJ based Mountain Development Corp, together with ClearRock Properties, and MA based Marcus Capital Partners Fund I has acquired 297 State Street, a 386,000 square foot light industrial/warehouse facility in North Haven, CT which was formerly owned and occupied by a national printing company.

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Clarion Partners Acquires Phelps’ interest, Creates New Venture with Marcus Partners at 1.4MM sf Merritt 7 Corporate Park

Clarion Partners announced today that, on behalf of one of its pension fund clients, it has acquired the minority interest of its partner of over 15 years, Fairfield Investors, in Merritt 7 Corporate Park, one of the leading office parks in Fairfield County with over 1.4 million square foot, in six building Class A office buildings strategically located at the intersection of the Merritt Parkway and Route 7 in Norwalk, Connecticut.

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