Search
 

Developer in Lease Talks for High-Rise Office Building

STAMFORD, CT-At the opening of its marketing center on Friday, officials with Louis Dreyfus Property Group related that they are in serious talks with three major tenants for its Connecticut Place office tower. However, business interest thus far has emanated from the suburbs and not from the Big Apple as was expected.

By John Jordan | Updated on October 02, 2000

STAMFORD, CT-The developer of a new 23-story high rise office building in Downtown Stamford says that his firm is in lease negotiations with three major tenants for the 574,000-sf office property. While that may not be a surprise given how active this market has been, what is shocking to some in real estate circles is that there are no New York City firms among the prospective tenant base as yet.

Jeffrey Sussman, president of the Louis Dreyfus Property Group, says, “We hope to make some exciting announcements in the next 60 to 90 days,” in reference to tenant lease signings at the property located on Washington Boulevard, across from the Swiss Bank complex.

The Connecticut Place building is a joint venture of Louis Drefyus and Apollo Real Estate Investment Fund. Sussman tells GlobeSt.com that his firm is in negotiations with three tenants that are seeking to lease approximately 400,000 sf of space. However, while he would not reveal the identity of the interested companies, he says that two are from Connecticut and one is from Westchester County.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.