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NORWALK, CT-W&M Properties reports that CIT Group Inc. has signed a lease for 11,292 sf of space on the sixth floor of its eight-story, 250,000-sf MerrittView office property here.

The deal, announced by W&M Properties executive vice president Jeffrey H. Newman, has a term that runs through 2015 and brings the property to near full occupancy at 98.9%.

Tom Pajolek, SVP of CB Richard Ellis who represented CIT Group in the transaction, says of the deal, “They really liked that the building was very well maintained and managed, and the location was great for the company’s employees who will work in this office.”

The lease was part of a nearly 18,000-sf block of space on the sixth floor that was available for the first time in several years at MerrittView, company officials say. W&M upgraded the space and actively marketed it for multi-tenanting. The firm says it continues to market the remaining 5,984 sf of space available.

“This lease shows how our class A, multi-tenanted office buildings continue to attract high-profile firms throughout metropolitan New York who want to be in a first-class building, with top-notch management and a great location near major highways,” W&M’s Newman says.

CIT Group, an international consumer and commercial finance company, is expected to begin operations at the MerrittView property by the fourth quarter of this year.

W&M officials also report that it signed a seven-year lease deal with Barrow Street Capital for 3,839 sf of space at its Metro Center office property in Downtown Stamford. The firm, the real estate investment manager on behalf of institutional investors affiliated with Greenhill & Co., has relocated to the property from 300 Park Ave. in Manhattan.

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