News: Connecticut

Building Land and Technology leases 24,000 s/f at 200 Elm Street

Stamford, CT Tudor Investment Corporation (Tudor), a privately-owned investment management company, has leased 24,000 s/f of office space at 200 Elm St., a class A office property located in downtown, owned by Building and Land Technology (BLT).  Tudor will be occupying space in the B wing of the 200 Elm St. building. Tudor is expected to move in to the property in April 2018. 

Leasing volume at 200 Elm has remained strong over the last year. In addition to this new lease with Tudor, Henkel Consumer Goods Inc. signed an approximately 155,000 s/f lease, and RSM, a leading provider of audit, tax and consulting services, secured a 27,800 s/f lease at the property.

“There’s a growing excitement about Downtown Stamford right now,” said Carl Kuehner, III, CEO of BLT. “As the city continues its overall revitalization, the Stamford office market has also strengthened as evidenced by the robust leasing momentum at 200 Elm Street.  We’re pleased to welcome Tudor to its new headquarters and we believe there is more activity to come for both the Stamford market and 200 Elm St. as the city’s transformation continues.”

Mike Riccardi, president of Tudor, said “We’re very excited about our upcoming move to 200 Elm St. in downtown Stamford.  It’s a great building and the location boasts urban amenities and easy travel access between here and our New York City office at Astor Place.  We are well underway with plans for a state-of-the-art trading floor at the newly-renovated and modern Elm St. complex.”

Brian Carcaterra of CBRE Connecticut represented Tudor in the transaction.

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