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Stamford's 400 Atlantic St. Locks Up Another Large Tenant

STAMFORD, CT-An insurance company will rent a full floor at the building for its headquarter offices, making the building almost fully leased.

By Rayna Katz | Updated on April 23, 2013

STAMFORD, CT-GlobeSt.com has learned exclusively that the Navigators Group, Inc. has entered into a long-term agreement to occupy the entire eighth floor—totaling 36,782 rentable square feet—at 400 Atlantic Street. CBRE SVPs David Block and Steven Greenbush represented the building while Navigators was represented by Ed Tonnessen, executive managing director, Jones Lang LaSalle and Paul Jacobs, EVP, CBRE.

The insurance company will relocate its corporate headquarters from Rye Brook, NY. Navigators is one of several companies taking advantage of Connecticut Governor Dan Malloy‘s First Five Job Creation initiative, which incentivizes companies to move to the state. In 2012, Charter Communications moved its headquarters to 400 Atlantic Street—signing a 75,000 square-foot sublease on two floors—under the First Five program, according to Scott Landis, principal at the Landis Group, which owns the building. The remainder of the tenant roster at the 15-story, 500,000-square-foot Class A office tower includes UBS, American Express, the Santander Group and Harman Kardon.

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