Citibank leases 30,590 s/f at W&M's 200 First Stamford Place

Citibank, N.A. has leased 30,590 s/f at 200 First Stamford Place for the headquarters of its Citigroup Global Wealth division, according to Jeffrey Newman, executive vice president of W&M Properties, the marketing and management agent for the building. The tenant will occupy the second floor space in August for a term of ten years. "The selection of First Stamford Place by a global business leader such as Citibank underscores the stellar reputation of this trophy property as the location of choice for prestigious companies," said Newman. "These tenants appreciate the building's proximity and easy access to interstate highways and mass transportation, hands-on management services, and wide array of on-site amenities, foster increased employee productivity and serve as meaningful employee recruitment and retention tools for their businesses. We're delighted that Citibank has joined our roster of such other blue-chip tenants as Legg Mason, Odyssey Reinsurance, Elizabeth Arden, Crane Company, and Bank of Ireland." Newman represented the landlord, W&M Construction Corp. The tenant represented itself. The landlord will build out the new space for Citibank. In 2003, First Stamford Place won The Office Building of the Year Award, in the mid-rise suburban office complex category, from the Southern Conn. chapter of the Building Owners and Managers Association. First Stamford Place is a three-building, 810,000 s/f multi-tenanted office complex, located at I-95's exit 7, adjacent to the Stamford Transportation Center, which has completed a $95 million enhancement program.