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192,638-SF AmEx Space Returns to Sublease Market

STAMFORD, CT-American Express Corp., has officially put the space it had leased in Stamford shortly after the Sept. 11 terrorist attack on the World Trade Center, on the market for sublease.

By John Jordan | Updated on September 05, 2002

STAMFORD, CT-Insignia/ESG reports that American Express has put a total of 192,638 sf of space it leased at 400 Atlantic St., on the market for sublease.

Insignia/ESG, along with American Express Co’s national real estate service provider Trammel Crow Co., are marketing the space for the credit card company. William V. Cuddy will be heading the team charged with leasing the space from Insignia/ESG, which includes Michel Siegel of the firm’s Stamford office and Glen Isaacson of Insignia/ESG’s Midtown Manhattan headquarters.

The American Express lease commitment at 400 Atlantic St., was larger than had been previously reported. Shortly after the terrorist attacks of Sept. 11, American Express announced it had signed a lease for 175,000 sf of space at 400 Atlantic St., a 440,000-sf property owned by 440 Atlantic St. Title, LLC, an affiliate of The Landis Group. After the attacks, the company also secured space in Short Hills and Parsippany, N.J. American Express later announced it would be vacating those properties as well and move back into its space at 3 World Financial Center, which was damaged in the Sept. 11 attack. The company had occupied one million sf of space at 3 World Financial Center.

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