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Andor Capital Signs 146,353-SF Sublease in Greenwich

GREENWICH, CT-In the largest lease deal in Fairfield County so far in 2002, Andor Capital Management has signed a sublease for 146,353 sf of space at the Greenwich American Centre (One American Lane) for its new corporate headquarters.

By John Jordan | Updated on July 23, 2002

GREENWICH, CT-Andor Capital Management has signed a sublease for 146,353 sf at One American Lane (also known as Greenwich American Centre) here. The deal is the largest lease transaction in Fairfield County thus far in 2002, according to officials with the Staubach Company, which represented Andor Capital Management in the transaction.

The hedge fund and money management firm signed the sublease transaction with Crompton Corp. Andor will sublet the entire third floor of the 605,000-sf building and a portion of the building’s concourse level. Jay Hruska, executive vice president with Cushman & Wakefield of Connecticut represented Crompton in the sublease deal, which has a term of approximately 12 years. Managing Principal Patrick Robinson and Associate Jim Wenk of The Staubach Company’s New York City office represented Andor Capital Management in the transaction.

Andor has offices at Citgroup Center in New York City (approximately 15,000 sf) and also has approximately 25,000 sf of leased space at 4 Stamford Place in downtown Stamford. The company is expected to take occupancy of its offices at One American Lane around the second quarter of 2003.

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