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NORWALK, CT-In a significant expansion here, Webloyalty.com Inc. has signed a lease for its headquarters operations totaling 50,643 sf at the Merritt 7 Corporate Park. The firm currently occupies 19,485 feet on the seventh floor of 101 Merritt 7 and has now leased an additional 31,158 feet on the fourth floor of the building. The new deal, announced by leasing agency Albert D. Phelps Inc., has a seven-year term.

A key to the transaction, according to Jo Ann Brennan McGrath, director of leasing for Phelps, was providing temporary office space for Webloyalty until its offices on the fourth floor become available in early 2007. Phelps is the managing and leasing agent for the 1.4-million-sf office complex.

Gene Rubino of Plaza Realty & Management Corp. represented Webloyalty. McGrath represented the building owner, Merritt 7 Venture LLC, a JV of New York State Teachers’ Retirement System and Fairfield Investors Inc. ING Clarion Partners LLC is the asset manager.

Webloyalty, a provider of online services, has been a Merritt 7 tenant since its inception in 1999 when it leased approximately 5,000 sf. The firm has subsequently made five expansions and now has more than 220 employees spread through its Norwalk headquarters, Shelton call center and San Francisco office.

The tenant roster at the six-building complex includes: General Electric Capital Corp., FactSet Research, Financial Accounting Foundation, Kodak, LaSalle Bank, Merritt Hospitality and Principal Financial.

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