W&M officials report that Jefferies & Co., has signed its third expansion and renewal deal since 1992. Jefferies & Co.'s expansion will consist of occupying 7, 120 sf of space on the third floor of the Metro Center building that its neighbor Cartesis has relinquished, according to Jeffrey H. Newman, executive vice president of W&M Properties, the marketing and management agent for Metro Center and MerrittView properties. The institutional brokerage and investment bank will occupy its additional space through 2016. Jefferies & Co., also extended the term on its existing space to expire between 2016 and 2017, W&M officials note.

The Metro Center property is an eight-story, 280,000-sf office building located near the Stamford Transportation Center.

"W&M was very accommodating to both Jefferies and Cartesis in these deals," says Dale F. Schlather, senior director of Cushman & Wakefield in New York City, who represented Jefferies. "The outcome was truly advantageous to both companies."

Cartesis, an affiliate of PricewaterhouseCoopers, will move into 10,549 sf of space at MerrittView, W&M's 250,000-sf office building in Norwalk. Cartesis, a supplier of financial analytic software, is taking space on the fifth floor of the building. The lease term for the deal was 10 years.

Newman, JoAnn B. McGrath, vice president of leasing and marketing, and Kathleen A. Caracappa, senior leasing associate, worked on the two deals for W&M Properties. Cartesis represented itself in its lease transaction.

Commenting on the deals with Jefferies and Cartesis, W&M's Newman says, "These two deals exemplify the synergy in W&M's more than two million-square-foot portfolio. We were able to accommodate both tenants' growing space needs by tapping into available space at another one of our Class-A buildings."